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Metrics

What gets measured gets improved

Every metric has to exist for a good reason.

Worst first: time and money is clearly being wasted.

For each documented process, what decision workflow will be triggered if a metric is at or below a what threshold.

The information for these reports need to be seen ASAP.

  • losing money
  • losing clients
  • failing to comply with regulations
  • security failures

Strategic Review

Analysis of good news for strategic review in six week cycles that relate to projects that implement tactical experiments to achieve the overarching strategic objectives that are aligned with an organisation's vision and mission.

Take care of the bad news and the good news will take care of itself.

Outcomes and Decisions

Measuring the performance of a Role, Product or Service should indicate where decisions need to be made.

MetricResultThresholdDecision Workflow
Future BookingsFailure< 40%Paid Advertising
CACFailure$200/customerChannel Review
Provider SaturationSuccess> 80%Promotion/Bonus Analysis

When setting thresholds some numbers are important to be aware of.

Tactics

Failure DecisionsSuccess Decisions
Better training?How much more to reinvest?
Wrong tactics?Adjacent expansion?
Wrong strategy?Take on more complex/riskier bet?
Cancel the experiment?Scale recruitment?
Cancel contract?
Cancel role?
PageNotes
Action ListsWorkflow completion failures
Dashboards
Frequency
Data Sources
Liquidity
OKRs

Primary

PageNotes
Liquidity
Cash
Time
Wealth

Investing

PageNotes
Risk
Discounted Cash Flow
Net Present Value
Total Addressable Market

Human Resources

PageNotes
Overview
Teamwork Index

Marketing

PageNotes
Average Spend
Customer Acquistion Cost
New Customers
Packaged Deals
Online Bookings
Website Visits

Quality of Service

PageNotes
Customer Goals vs Outcomes
Problems vs Outcomes

Software

PageNotes
Software
Developer ExperienceImportant influence on liquidity

For a piece of information to be desirable, it has to satisfy two criteria:
it has to be important,
and it has to be knowable. - Warren Buffett