"What gets measured gets managed"—and gamed
Measure whatever can be easily measured
Disregard what can't be easily measured
Presume what can't be measured isn't important
Say what can't be measured doesn't exist. This is suicide.
"When a measure becomes a target, it ceases to be a good measure."
Originally about monetary policy, now applies universally to any metric used for control.
"The more any quantitative social indicator is used for decision-making, the more subject it will be to corruption pressures."
Developed while studying standardized testing in British schools.
"Incentives create their own perverse outcomes."
British offered bounties for dead cobras. Indians bred cobras for the bounty. When cancelled, they released them—more cobras than before!