article thumbnail

Six Common KPI Mistakes to Avoid

Roman Pichler

The value the product should create is not clearly understood : A validated product strategy and an actionable product roadmap are missing. If this data is actioned, bad product decisions will be made. Don’t forget to regularly review and adjust your KPIs. 3 Stakeholder or Big Boss Dictates KPIs.

KPI 298
article thumbnail

What is a Product Strategy Framework? 11 Steps to Create One

Userpilot

Launching a product without a well-defined product strategy framework is similar—you risk wasting resources without a clear path to success. So, how do you outline a product strategy framework that is the foundation of product-led growth ? Product strategies help you design and grow your products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Dark Side of Product KPI

Oren Steinberg

How to set product KPI without being limited by data? Why do we base product KPI on data to begin with . Product KPI is defined so we can measure how well the new feature works or resolve an AB testing. Defining product KPI based on existing data is like looking for the solution under spotlight.

KPI 64
article thumbnail

As a product manager, your #1 KPI should be business growth

Street Smart Product Manager

What’s the #1 KPI you should sign up for as a product manager? The post As a product manager, your #1 KPI should be business growth appeared first on Street Smart Product Manager. Those are interesting to track, but none of […].

KPI 101
article thumbnail

Strategic Portfolio Management: The Most Effective Product Strategy for B2B

Product Management University

Here are some of the most common pitfalls product managers experience when trying to develop a portfolio strategy. It works as a KPI, perhaps, but customer value becomes secondary, and that makes everything more difficult because there are too many right answers. We want to make X amount of money this year.”

B2B 130
article thumbnail

How to Develop a Strong Product Strategy in 2021

Userpilot

Defining your product strategy is the most important aspect of deciding to build something new. It helps your entire team rally around a vision and a set of outcomes, making sure everyone is aligned in reaching those product growth goals. What is a product strategy? How do you set a product vision?

article thumbnail

High-Value Customers: How to Build a Great Product Strategy

The Product Coalition

There can be two types of KPIs that we can track to measure performance. Special thanks to Tremis Skeete, Executive Editor at Product Coalition for the valuable input which contributed to the editing of this article.