Making sense of metrics that actually matter
Original: Measurement / Metrics Foundations
Summary
Overview of key performance indicator (KPI) fundamentals, including definitions of leading vs. lagging, input vs. output, and actionable vs. vanity metrics. Discusses best practices for creating a consistent metric taxonomy and documentation.
Who This Is For
Key Takeaways
- Learn to distinguish between leading indicators (predictive) and lagging indicators (historical) to build better dashboards
- Understand the difference between input metrics (activities) and output metrics (results) to track the right things
- Identify actionable metrics that drive decisions vs vanity metrics that just look impressive
- Create a consistent naming system and documentation framework for your team's metrics
- Build a metric taxonomy that scales as your organization grows
Topics Covered
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