Steps for your Level 1 dashboard
1. Come up with some initial metrics. These should be simple and actionable and should not have to be related to one another.
For example, a number of customers interviewed and their rating on identified struggles might be two starting metrics.
2. If you’re stuck on metrics, ask these four questions, each of which will give rise to a set of metrics designed to answer it.
- Did we do what we said we were going to do?
- Are our people working differently?
- Do customers (internal or external) recognize and improvement?
- Are we unlocking new sources of growth as a company?
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36 yr old product guy. Interested in meditation, product design and the future.
Recently learned about Innovation Accounting that's been recommended as the practice to adopt until thinking about metrics relevant to product-market fit.
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