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[quote=Anonymous][quote=Anonymous]I think managing by Excel Spreadsheet can be effective. My old boss who has an MBA from NYU did it for three years for his staff of 40 and extremely effective.

Raises and bonuses all tied to spreadsheet. Rules were clear. The bonus pool and raises followed a strict formula.

Every day you attended work and worked more than 8 hours, were productive got a 50 percent bonus Match that day. Any day you did that plus available on moments notice to help boss, step in for a crisis, stayed OT late to help out a coworker, did an extra project got 100 percent match.

Did bare minimum no match. Took a vacation day or sick day or a holiday no match.

The zero percent people got their funds reallocated. So high performers could get 300 percent bonuses and 10-20 percent raises.

Zero percent people got pip at end end and replaced.

People did not need managing they need clear guidance and clear rules and work output tired to pay.

His excel spreadsheet are now KPIs at FAANGs that tie back up bonus and salaries.

[/quote]

This is managing by formula and data, but by spreadsheets. The spreadsheet is the vehicle to collect the data.[/quote]

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