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Product Management

How to Choose the Right KPIs for Your Product

Master the art of selecting effective KPIs to drive product success.

Unlisted Contact
Apr 12, 2021 • 6 min read
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Intermediate
Data Analysis
KPI Development
Kpi Selection
Performance Measurement
Strategic Communication
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Summary

Selecting the right KPIs is crucial for product success. This article guides you through a goal-directed approach to choosing KPIs that truly matter, based on user, business, and product goals. Learn how to avoid common pitfalls, such as using standard KPIs without consideration, and discover the importance of measuring product and team health. Engage with stakeholders effectively to collaboratively determine useful KPIs and ensure your product's ongoing success. Start refining your KPI strategy today!

Takeaways

  • Avoid blindly adopting standard KPIs; tailor them to your product's needs.
  • Engage stakeholders in the KPI selection process for better alignment.
  • Incorporate health indicators to monitor team motivation and product quality.
  • Limit the number of KPIs to avoid data overload and maintain focus.
  • Select KPIs based on specific user, business, and product goals for relevance.

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