Post by account_disabled on Oct 26, 2023 5:58:14 GMT
KPIs are a subset of metrics and, in particular, they are those metrics that give us indications on the performance of our business. So for example if "number of users/month" is a metric for the whole world, it could be considered a KPI useful for your business but not for that of another company. This is a good question. Choosing a metric and elevating it to a KPI would seem like an easy thing I have that objective and it is measured with that performance indicator. In a theoretical way it is like this, but not everything is always black or white. Example? Do we agree that every company has profit as its ultimate goal.
I would say yes. Let's now think about a non-profit association is it possible that photo editing servies in some moments or during some events its final objective is to educate people or influence some political figure? It seems reasonable to me. On that occasion, your KPI will therefore not be linked to economic but social results. So the first takeaway of the day is that a company must always keep its priority KPI under control, the North Star Metric that we saw when talking about growth hacking , but that every project, every.
Communication action, every event, every digital campaign it can have its own KPIs. Because the metric to be evaluated must be chosen based on the objectives to be measured . How to choose measurable and effective KPIs To give a brief summary of the previous episodes, there are metrics that do not serve to give us useful information for our business. However, when they give us information that in some way impacts our business objectives they become KPIs. Most metrics available in nature are not of much interest for the growth of our company.
I would say yes. Let's now think about a non-profit association is it possible that photo editing servies in some moments or during some events its final objective is to educate people or influence some political figure? It seems reasonable to me. On that occasion, your KPI will therefore not be linked to economic but social results. So the first takeaway of the day is that a company must always keep its priority KPI under control, the North Star Metric that we saw when talking about growth hacking , but that every project, every.
Communication action, every event, every digital campaign it can have its own KPIs. Because the metric to be evaluated must be chosen based on the objectives to be measured . How to choose measurable and effective KPIs To give a brief summary of the previous episodes, there are metrics that do not serve to give us useful information for our business. However, when they give us information that in some way impacts our business objectives they become KPIs. Most metrics available in nature are not of much interest for the growth of our company.