Six Common KPI Mistakes to Avoid
Roman Pichler
JUNE 7, 2022
More Articles by Roman The Product Vision Board The GO Product Roadmap How to Choose the Right KPIs for Your Product.
Product Strategy as a System
Roman Pichler
JANUARY 20, 2025
A great way to discover an effective product strategy is to capture your initial ideas, using a tool like my Product Vision Board , and then systematically correct and refine them. 6] I created the board back in 2011 to offer a simple yet effective way to capture the vision and strategy of a product.
Systems Review 
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How to Choose the Right KPIs for Your Product
Roman Pichler
APRIL 13, 2021
Effective KPIs help you understand if your product is creating the desired value for the users, the customers, and the business. Without KPIs, you end up guessing how well your product is performing. Using KPIs and collecting the relevant data helps you balance intuition with empirical evidence.
Promoting a Metrics-Driven Product and Company Culture
The Product Guy
OCTOBER 4, 2019
My vision is to post this structure internally so everyone can see it and give verbal updates at our monthly all-hands meetings. Centralize KPI Reporting. The OKR approach doesn’t work without product KPI’s, and product KPI’s don’t work without measurements. I’m not to this point yet. But we’ll get there.
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The Magic in Conflict by Shaun Russell
Mind the Product
MARCH 13, 2020
Vision-based Bias. The third role is that of the deviant – a product manager with power and vision and the final say. Having shared goals, clear upfront communication, and being able to tackle conflicts as soon as they occur are some of the best ways to align and build better products.
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Startups, Avoid Being Vitamins At All Costs
The Product Coalition
OCTOBER 12, 2020
Two weeks later, we started to have concerns over our product and vision. This article is about how we came to understand the shortcomings of our vision, and why we eventually decided to pivot. In the end, we had great momentum on the deal size, but if we considered revenues as our KPI, we were at a standstill.
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OKRs vs KPIs – Understanding Measurements for your SaaS Product
Userpilot
OCTOBER 5, 2021
Objectives are always linked to the company's larger vision and mission. What are KPIs? KPI stands for key performance indicators , and they are a way for you to understand the performance against the key results that you have set. KPI: Run 2k every week. KPI: Monthly Recurring Revenue is increasing steadily by 5%.
Onboarding KPIs 145
145 Driving Growth vs Building Core Value by Roan Lavery
Mind the Product
NOVEMBER 16, 2018
You can do this by articulating a vision, a set of user needs, the jobs to be done and the features that enable all of these. At FreeAgent, as soon as a KPI goes red, a team can switch off whatever they’re doing and divert resource to fix it. From here though, it’s crucial to bring it back into the rest of the organisation.
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Applying Product Principles to Guide Better Product Decisions
Mind the Product
JUNE 5, 2017
Like a sailor who navigates a path through stormy seas, a product manager needs to navigate their product through the needs of customers, business partners, and stakeholders while following the product vision (the end state for what the product will deliver in the future). It’s not a roadmap or a KPI. 1 – Make a Clear Decision.
Banking 160
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Opportunity Solution Trees: Visualize Your Discovery to Stay Aligned and Drive Outcomes
Product Talk
DECEMBER 6, 2023
How does an opportunity solution tree connect with a product vision? Company factors: How does each opportunity support your company mission, vision, and strategic objectives? I suspect companies try to create a company-wide opportunity solution tree when they are trying to get a company-wide view of their strategy or vision.
Top Tips for Negotiating With Stakeholders
Mind the Product
APRIL 28, 2017
The Vision as a Tool. At a minimum, a good vision needs to identify three things: the problem you are trying to solve, who you are trying to solve it for and what outcomes you want to meet (evidenced by a solid, meaningful KPI). The outcomes should be clear in the vision you have, as we saw above. To Summarise.
How to Choose the Right KPIs for Your Product
Roman Pichler
APRIL 13, 2021
Effective KPIs help you understand if your product is creating the desired value for the users, the customers, and the business. Without KPIs, you end up guessing how well your product is performing. Using KPIs and collecting the relevant data helps you balance intuition with empirical evidence.
How to Develop a Strong Product Strategy in 2021
Userpilot
MARCH 24, 2021
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. How do you set a product vision? Strategy is made up of three elements: your vision, objectives and roadmap. How do you set a product vision? How do you set a product vision?
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Aligning Your Roadmap Themes to the Customer Journey
ProductPlan
AUGUST 17, 2020
Much has been written over the last few years on the idea of the featureless roadmap , which challenges product teams to present their plans grounded more in strategic vision – or by themes – rather than a laundry list of specific features. CUSTOMER KPI: Reach. BUSINESS KPI: Reach as a % of Total Addressable Market (TAM).
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IS THE PRODUCT MANAGER ACTUALLY THE INTELLIGENCE OFFICER OF THE COMPANY?
The Product Coalition
JULY 7, 2020
As we need to define or recommend the company’s/product’s vision and strategy, understand what are our users expect from the product how to achieve these goals. We use the data we gather to try and understand what our users want, need, do. We also use this data to analyze the features we’ve released, and how they impact our product?—?like
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What Are OKRs In SaaS And How To Implement Them Successfully [Examples Included]
Userpilot
MARCH 2, 2022
On the other hand, KPIs highlight your success in achieving a key result, and metrics provide data you can track to identify bottlenecks in your business. To implement your OKR strategy, you should follow 5 steps: set vision, choose OKRs, review OKRs progress, create feedback loops, and make reports. OKR vs KPI vs Metrics.
What is a Product Strategy Framework? 11 Steps to Create One
Userpilot
JULY 24, 2024
Start by defining product vision and mission to give clarity to your team and determine the right direction to move. A product strategy is an overarching plan that uses the product vision to define product goals and how you’ll achieve them. Think of the vision as the long-term goal for your product.
The Difference: UX vs UI
The Product Coalition
SEPTEMBER 17, 2020
Or that an OKR is the same as a KPI. Respect their vision. The last thing you want to do when talking to a designer, is to use UX and UI interchangeably. That’s a big mistake! It’s like if someone was talking to you and thought that an MVP and a prototype are the same thing. Explain the why behind your choices.
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Key Product Manager Goals For Successful Product Development
The Product Coalition
MARCH 17, 2020
At the same time, this process has to remain flexible and driven by vision and creativity. Adhering to these principles will allow you to transform a vision into a clear course of action. A solid KPI dashboard allows you to turn a mush of data into actionable insights and directions. You’ve probably heard about S.M.A.R.T.
How support leaders measure (and improve) the quality of their customer support
Intercom, Inc.
APRIL 7, 2021
If you’re focusing on time to close as your primary support KPI, it could inadvertently encourage your support reps to prioritize the fastest, easiest short-term solve – not necessarily the one with the greatest long-term result for the customer. Defining “quality”. Quality” is a subjective term – and that’s okay.
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Good Product Team/Bad Product Team
Amplitude
JANUARY 23, 2018
They set an aggressive 10x vision , but give the teams closest to the customer autonomy to figure out how to achieve that vision. Bad product teams use agile as an excuse to not have a vision. Good product teams iterate obsessively to test and refine their vision. I’d love to hear them.
How to Make Product Management for Enterprise Systems Work
Mind the Product
APRIL 9, 2018
Many of these ideas create only limited value, and together they do not form a coherent product vision. We created multi-disciplinary teams that own specific business KPIs, together with their internal users. Frequently, this idea includes a detailed description of the solution they would like “IT to implement”.
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Birst Smart Analytics: Using AI to Operationalize BI
Birst BI
JANUARY 29, 2019
A business user simply selects a KPI of interest, and machine learning algorithms run automatically across all data points that are related to generate the key reasons “why” a KPI is trending upward or downward. When you founded Birst, you had a vision for what BI could be.
How Product Organizations Can Balance Big Bets Versus Short-Term Wins
ProductPlan
AUGUST 10, 2023
Where charismatic leaders rally the troops around an ambitious vision with a massive potential payoff. Yet the customer experience continually improves while KPI targets come into view. A clear product vision Every business and product needs a vision to guide everything that follows, from strategy to staffing to roadmaps.
Measuring Customer Interactions to Unlock Product Discovery
Mind the Product
JULY 16, 2018
Some screenshot extracts of the survey are shown below: If it’s not written up, it doesn’t count towards your KPI. Our vision was to ensure that we deliver value and are experts in our domain. The survey data all flows through to a power BI dashboard (it really wasn’t that difficult).
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Product Management vs. Product Operations: What’s the Difference?
ProductPlan
FEBRUARY 8, 2022
Vision and strategy. Product management owns vision and strategy. Product operations implements systems and processes to help the organization realize the vision and execute that strategy. Tracking KPI performance and other critical metrics also fall within their purview. We’ve covered the definition of each role.
Measuring Success and Learning From Failures
Dear Strategy
DECEMBER 21, 2020
Dear Strategy: “How can we measure the success of our strategy using some KPI other than orders? So what exactly is a KPI, and how does it differ from all the other types of measurements that are thrown about in the field of strategic planning? Example: My vision is to live in a world without cancer.
KPI 52
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71 Scrum Product Owner Interview Questions (2)
The Product Coalition
JANUARY 5, 2021
for example, ROI, cost savings, engagement, and other KPI?—?have Product vision and strategy are kept confidential in your organization to prevent competitors from stealing ideas. Such a joined team effort always starts with a shared understanding of product vision and strategy. have been met out in the field.
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Goals vs objectives and why you got it wrong
The Product Coalition
DECEMBER 9, 2019
The right goals will align with your company vision, purpose, and long-term aspirations. What’s the key performance indicator (KPI) that you’re going to track? Is the objective related to your long-term goal, and does it align with your company vision? Goals are large in size and intangible; that’s why they are hard to measure.
Championing Product with a 6 Week Onboarding Program
BrainMates
OCTOBER 14, 2021
Then there were the basics; understanding the attribution model, going through the marketing reporting model, looking at KPI analysis, financial models and so on. This allowed me to then tie that to the vision and strategy. I got to incorporate reading as part of my workday which was great.
Breaking Through the Dichotomy of the Tech Industry
Radical Product
MAY 5, 2020
These examples reflect the growing dissatisfaction of the cohort that entered the tech industry inspired by the vision that technology and innovation were going to change the world. An iteration-led approach can move financial KPI up and to the right, but it doesn’t always make our world better.
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70 Scrum Master Theses
The Product Coalition
NOVEMBER 24, 2020
Generally, insisting that the team achieve specific KPI, for example, forecasts vs. velocity, does not help. Being a Scrum Master does not entail, and should never entail, enforcing processes. Scrum is not designed for bean counters, although some metrics help understand a Scrum Team’s health.
How Product Teams can Build Trust with Internal Teams
ProductPlan
APRIL 9, 2019
. “Engineers often feel disconnected from the customer’s use case, believing instead that the product they are building is desired by one and only one person: the product manager with some grand but delusional vision,” says Michael Bamberger of OptimizeIQ. You don’t need to micromanage or question the “how.”
Q&A with Tim Herbig on How to Build Data-Informed Products
Revulytics
SEPTEMBER 18, 2019
Here’s my personal view of which tools play key roles in each phase of a product development cycle: At the top, you need a very strong product vision and strategy that is agile enough to react to changes in user needs. Don’t let today’s metrics hold back your vision. Another pitfall is focusing on the wrong KPI.
What Is a Product Operating Model?
ProductPlan
MAY 2, 2022
“A well-defined and articulated operating model is the what — the bridge between strategy and day-to-day operations that guides the team, provides the context, and enables the behaviors that will realize the strategy and vision.” ( Operating Models: Delivering on Strategy and Optimizing Processes ). The post What Is a Product Operating Model?
Finding Your True Career IMPACT Within the Product Field
ProductPlan
OCTOBER 26, 2021
Seeing the big-picture vision and possessing versatility enables product managers to impact, even when the spotlight falls on others instead. We suffer from imposter syndrome and deprecate our value because, as generalists, we don’t command the same respect and awe as our more specialized coworkers.
CTO Coach 98
98 How to Create a Product Operations Dashboard in 4 Steps
ProductPlan
SEPTEMBER 17, 2019
But as data-driven decision making takes on increased significance, we’ve seen “ product ops ” emerge to fill in the gap between the leadership and vision aspects of the product management and the facts and figures that inform team members. Take a Minimum Viable Product -type approach to identify and select which KPIs make the cut.
Every Product Needs a North Star Metric: Here’s How to Find Yours
Amplitude
MARCH 21, 2018
A north star metric should consist of 2 parts: a statement of your product vision and. Using this framework, every team knows what their own KPI is as well as how it contributes to the north star. Question 1: What are some examples of good north star metrics? a metric that serves as a key measure of your current product strategy.
Every Product Needs a North Star Metric: Here’s How to Find Yours
Amplitude
MARCH 21, 2018
A north star metric should consist of 2 parts: a statement of your product vision and. Using this framework, every team knows what their own KPI is as well as how it contributes to the north star. Question 1: What are some examples of good north star metrics? a metric that serves as a key measure of your current product strategy.
Fueled's Jessica Wagner on Intersecting Product and Growth with Data
Amplitude
APRIL 9, 2019
If you happen to set a KPI that you can’t consistently meet, it doesn’t necessarily mean that there’s something wrong with what you built. It’s more likely that your KPI is unrealistic or should be recalibrated to better fit your product’s current maturity, along with other external factors.
The Work of a Strategist
The Product Coalition
MARCH 15, 2020
Product strategy should help you decide which problems need to be solved to make your product vision a reality. a cost of delay model), SWOT analysis, premortems, and user analytics data powered by online and offline experimentation, OKRs fed into driver (KPI) trees, impact maps, and opportunity solution trees.
Use a Mixed-Pattern Approach to Instrumenting Your Product
Amplitude
DECEMBER 2, 2020
The advantage of starting with a specific KPI or Metric is that in theory someone has figured out whether it is actually important. The disadvantage is that you can develop tunnel vision and fall victim to confirmation bias. The disadvantage is that often we forget the “why” behind these types of metrics. Is it the right goal?
Begin your Agile Transformation Journey on the Right Track
Product Club
JUNE 10, 2017
Setting the vision and defining success is not only an important practice in high functioning Agile teams, it’s also key to a successful transformation. To prevent this, we take time upfront to develop a KPI success framework. Progress is lost, and regression dissolves any benefits achieved.
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ChatGPT for Product Managers: 13 Best Prompts
Userpilot
JANUARY 16, 2024
Other helpful prompts that can help you isolate the most critical feature ideas, identify feature improvements, and more, include: What is the long-term vision for our product? Analyze our user engagement KPIs and provide insights into improving them. Help me create a KPI dashboard for our marketing team.
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