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What is a KPI, Metric, or Measure?

Userpilot

In this article, you will learn: What is a KPI in SaaS? KPIs vs. Metrics. Why is it so important to track KPI, metric, or measure? A key performance indicator (KPI) is a measurable value that shows how effectively a company is meeting key business objectives. When you add context to a metric, you get a KPI.

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Don’t Use Generative AI to Replace Discovery with Real Humans

Product Talk

The better we understand our customers, the better we can meet their needs, and the more we can differentiate our product from the competitors. Along the way, we might create interview snapshots, experience maps, opportunity solution trees, story maps, KPI trees, or other visual artifacts. But these artifacts are not the end goal.

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A Lean Alternative to a Business Plan: Documenting Your Product/Market Fit Hypotheses

Sachin Rekhi

This is what will help differentiate your solution from just a "vitamin" to being a "pain killer" if you are addressing problems so painful that any improvement to the problem space would be a welcome addition to your target audience. Strategic Differentiation. Competition. Acquisition Strategy.

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Measurement vs. Metrics in Product Analytics Instrumentation

Amplitude

The National Institute of Science and Technology differentiates measures and metrics as follows: “We use measure for more concrete or objective attributes and metric for more abstract, higher-level, or somewhat subjective attributes”. Steps (a big deal for Fitbit users, maybe more of a KPI). Measurement vs. Metrics. Resting heart rate.

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How AI is Lowering the Barrier to Entry for BI and Analytics

Birst BI

According to Gartner, more than 3,000 CIOs ranked Business Intelligence (BI) and Analytics as the top differentiating technology for their organizations. Historically, business users have been presented with dashboards that describe the current state of a KPI, i.e. Net Profitability, Customer Retention, and more. How does it work?

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Opportunity Solution Trees: Visualize Your Discovery to Stay Aligned and Drive Outcomes

Product Talk

Companies differentiate themselves from competitors by building a richer understanding of the opportunity space. Compare and contrast when there’s risk in the solution, when the opportunity is a differentiator, or you need to uncover an innovative solution. What is an opportunity? In reality, we don’t always have time to do this.

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Decoding Business Growth: The Art and Science of Choosing the Right North Star Metric

The Product Coalition

The Role of Data in Defining Your North Star Metric How the Right North Star Metric Can Illuminate Your Business Path A North Star metric is a key performance indicator (KPI) that a company uses as the leading measure of its success. The term is derived from the North Star (Polaris), which mariners historically used as a navigation guide.