Remove 2007 Remove KPI Remove Optimization Remove Statistics
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Five Strategies for Slaying the Data Puking Dragon.

Occam's Razor

Focus only on KPIs, eliminate metrics. KPI : A key performance indicator (KPI) is a metric most closely tied to overall business success. Profit is obviously a KPI, as is Likelihood to Recommend. Focus your dashboards only on the KPIs where performance for that time period is three standard deviations away from the mean.

Strategy 263
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

Sometimes, we escape the clutches of this sub optimal existence and do pick good metrics or engage in simple A/B testing. You're choosing only one metric because you want to optimize it. That metric is tied to a KPI. It's the target for your KPI. But it is not routine. So, how do we fix this problem?

Metrics 156
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Knowledge

Occam's Razor

" ~ Web Metrics: "What is a KPI? Triggers, Benchmarking, Identifying Goals & KPI Cards. The Awesome Power of Visualization 2 -> Death and Taxes 2007. Be Awesome At Comparing KPI Trends Over Time. Tip #9: Leverage Statistical Control Limits. Tip#1: Statistical Significance. How to focus?"

KPI 124