Graphic Source

How do you measure success?  Do you employ any of the following?

• Numerical 
• Evaluation
• 360-degree review
• Opinions of experts
• Crowd sourced
• Anecdotal
• Specific metric
• Correlation to market average
• Progress against strategic plan
• Leader board
• Happiness
• Ability to achieve organizational values
• Arriving at the selected destination

A Harvard Business Review article by Michael J. Mauboussin outlined specific business success theories.  Inc. Magazine published an article titled “7 Ways to Measure True Success.”  And, Influencive provided a synopsis of “11 Ways to Think About Measuring a Company’s Success.”  Among the options, there appears to be no one universal measurement.  So why not customize your own?  Build a success equation.  If we are going to create and nurture our organizations’ purpose, vision, mission, and values then perhaps we should invest in creating our own success formula.