Types Of Outcomes - Deepstash

Types Of Outcomes

Managing by outcome is only as good as the defined outcome. There are 3 types, starting from the general to the actionable:

  • Business outcomes start with financial metrics(revenue, costs) or market share. 
  • Product outcomes. Measure how the product drive value. 
  • Traction Metrics. Track usage of specific features. 

Business metrics are usually lagging indicators. They are hard to impact in an agile environment. Product outcomes are better. To get more specific KPIs could be used. 

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vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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Metrics that can be used in product management:

  • Business Outcomes (measures business value): e.g. number of customers, retention, number of users
  • Product Outcomes (measures how the business value is created through product): e.g. time saved performing an action, satisfaction du...

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