A few months back, I wrote about the importance of having a north star, especially for aligning your team and organization to one common goal. While there are various external metrics to measure the success of a company like revenue, sales and/or market share, the north star metric really relates to the mission of the company. It defines the purpose of a business. For example, the north star metric for Facebook is the number of monthly active users and for YouTube is the number of minutes played.
How to Set Your North Star Metric
How to Set Your North Star Metric
How to Set Your North Star Metric
A few months back, I wrote about the importance of having a north star, especially for aligning your team and organization to one common goal. While there are various external metrics to measure the success of a company like revenue, sales and/or market share, the north star metric really relates to the mission of the company. It defines the purpose of a business. For example, the north star metric for Facebook is the number of monthly active users and for YouTube is the number of minutes played.