Context: We can study others who succeed, imitate their activities and gain their skills. But these activities create nothing new. Once we have reached their capabilities, how do we know if we’ve improved?
Long-term metrics provide poor short-term guidance …
Creative efforts operate in an economy, a system where people manage limited resources to maximize return and growth. Economies drive everything. They need not involve currency. We can measure philanthropic efforts by the number of lives saved per unit of volunteer effort. We can measure companies by price-earnings ratio, market share, civic contributions, employee welfare, or religious conviction. We can measure artists by profit per work hour, the number of event attendees, the number of references on a social network, the devotion of fans, the artist’s technical improvement, the artist’s personal satisfaction, or the political effect of the artist’s message.