Learn more about strategy with this collection
Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
Benefits of product metrics
You need to select the right metrics to measure the success of the product or feature you're building.
Once selected, metrics help the product development in many ways:
- They provide direction for the product development
- They offer data to make better decisions
- They help measure the impact of new features
- They provide alignment across teams
- They help identify problems
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Best practices for defining metrics
- Define metrics in such a way that they are measurable and can be tracked on a regular basis
- Define the increment in the metric that your product will bring: "Increase average session length from 5min to 8min"
- Define the time ...
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The right set of metrics
Answer these questions to find the right metrics for your product:
- Primary output metric — When will you call your product a success or failure?
- Input metrics — What milestones will your product hit before it becomes a success?
- ...
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Other curated ideas on this topic:
Factors of success for new product development
- Top Management Support: Getting resources from top management to test innovative ideas
- Market Orientation: Ability to conduct user and market research to bring them closer to the need of users
- Technology: Suitable for the market selected
- Knowledge management: Informat...
Product Manager: Vision & Strategy
You own the vision, strategy, and roadmap. You know the market, our users, the product, and the competition. You create innovative product plans that address real user needs.
You make the right judgments, repeatedly. You tell the story of what we’re building, how we’ll get...
Understand how the product will grow.
It's important to have an idea of what your product will look like down the road.
Early stages of product design are when you should take stock of the features that didn't make it into your minimum viable product and store them away for later.
You should decide at the...
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