Occam's Razor

FEBRUARY 6, 2018

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

Strategy Metrics KPI Dashboards 263

Occam's Razor

AUGUST 22, 2011

" ~ 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

KPI Metrics Measurement ROI 124

Occam's Razor

APRIL 8, 2013

That metric is tied to a KPI. It's the target for your KPI. For each of them, write down the KPI you're measuring, and what that KPI should be for you to consider your efforts a success. We’re making an educated guess about what could improve the KPI based on what we learned in step 1.

Metrics 156

Metrics KPI Analytics Key Performance Indicator 156