For product managers, KPIs are a powerful tool. They quantify team progress, the progress of the product, and the overall business. Product management KPIs include specific metrics associated with the product, customers, and the overall process in bringing a product to market. Introduction For...
Typically, Product Leaders are involved with the entireProduct Lifecycle. However, the Product Management’s primary focus is on driving New Product Development. To successfully execute these roles, it’s important for Product Management to collect and synthesize proper, relevant data to make informed ...
KPIs shape decisions and resource allocations. Selecting the best KPIs for product management is crucial to align your strategy with product goals and the company's mission. KPIs should mirror immediate priorities and evolve with regular team input. Fornew product managers, this can be the most ch...
Company-wide KPIs focus on the overall business health and performance. These types of KPIs are useful for informing management of how operations stand in the company as a whole. However, they are often not granular enough to make decisions. Company-wide KPIs often kick off conversations on why...
Metrics’ Influence on Product Management’s Work and Annual Planning Metrics and planning are a two-way street. For short-term, day-to-day decisions, KPIs are an excellent way to validate or drive planning activities since the focus and motivation center on improving those metrics. ...
Having been involved in product management for 20 years, I sometimes marvel at how much our profession has changed for the better. This includes the analytics tools we have available today. These powerful tools usually generate more data for us than we can handle. And herein lies the issue: ...
Product management KPIs Product engagement rate Customer NPS from product feedback Customer retention Customer complaints Customer success KPIs CustomerNPS score Customer satisfaction (CSAT) score Customer retention rate Customer churn Customer support KPIs ...
The Only Product Management KPIs You Need When investigating and defining which product objectives and key results make the most sense for your business and offerings, always align the product roadmap with the overarching company strategy and product vision. Consider customer needs, market trends, and...
To test this hypothesis, you need to start looking at your product data to understand whether your assumption stands true. It’s only when you track the correct metrics for product management that you can be sure of your product performance. What’s The Difference Between Product Management KPI...
As explained by author and UX designer Molly Norris Walker, “The numbers should speak for themselves, but they don’t.” There’s an ever-growing number of ways for SaaS PMs to measure product and process performance. Here's an introduction to seven key product management metrics and KPIs...