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Fatality Rate % x # of Patients = Total # of Deaths Example 1: If 10% of people die x 100 patients = 10 deaths Example 2: If 1% of people die x 1 billion patients = 10 million deaths The key metric that is overlooked by a lot of people is how many patients there will be as the virus progresses. It’s known as R0 (pronounced R-nought).
Great stories are credible, simple, consistent, and use both financial and nonfinancial metrics to link a long-term vision and firm values with a distinctive business strategy and focused operational priorities. ” Many CEOs in our interviews emphasized the importance of choosing the right metrics to support both/and decision making.
I’ve interviewed thousands of candidates for managerial roles and tracked the performance of those I successfully hired. against the average scores for those metrics from all the executives in our worldwide database. I led the global management appraisal practice of our own executive search firm, Egon Zehnder.
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In the case interview process for McKinsey, one of the early evaluations is “Solve,” McKinsey’s digital assessment game (formerly called the McKinsey Problem Solving Game). When you play these games, you want to very quickly figure out which specific metric (there will be more than one) is subject to these greater-than and less-than rules.
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