Today I got featured in Read Write Web where they talk about different ways to evaluate technical employees, especially those who aren’t as technical themselves.
This is something that every business owner will have to do over time. You should be able to do this at any time. I personally like to evaluate every person based on revenue. If there isn’t revenue, you won’t survive as a business. Here is what they asked me:
Cost to Revenue
If what they are working on doesn’t contribute to the bottom line in some way (potentially saving a customer by making things easier, etc.) then don’t have them build it. I would try and tie every aspect of success in your business to revenue. Does it make more or doesn’t it?
It should be pretty easy to figure out which is more important. This can be tricky to do with your business, especially when you can’t see it upfront. But try to tag everything to revenue; without it your company will not be around!