The only KPI checklist you will ever needJuly 12, 2019 by LaunchTomorrow 1 Comment Launch TomorrowLanding Pages for your Lean StartupFree ToolsAboutMembersCorporate InnovationBlogThe only KPI checklist you will ever needJuly 12, 2019 by LaunchTomorrow 1 CommentPhotographer: Glenn Carstens-Peters | Source: UnsplashThis week, I’ll be a bit more concise than usual. 🙂Metrics need to be:Actionable: help drive activity or decisions, e.g. ratios “What will I do differently based on this information?”Forward looking: observable now yet indicative of what will happen, e.g. nr of prospectsRepresentative: the number is tied to the actual thing they are meant to captureEasy to observe/gather: defined well enough an intern can go and check themComparable over time: ideally they can be collected in real time/daily, and you can do cohort analysis with them to see how the change as you experimentMutually agreed and checked regularly with team and decision makersObjective: not based on estimates which can be wrong or biasedTied to the customer and customer needsTied to learning/improving continuouslyMetrics can be tied to operations, learning or finances.If learning-based or early stage, look at metrics on a per-customer basis. Once the exchange of value works for each customer, look at growth metrics.Nuff said.<< Help Yo' Friends « How to analyze the impact of velocity on your release dateHow to derive expected velocity from strategic dates »Trackbacks[…] itself is first and foremost a team output metric, not an individual one. It is a measure of story points completed over a unit of elapsed […]ReplyLeave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website This site uses Akismet to reduce spam. Learn how your comment data is processed.