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Defining Good Metrics & KPIs
Choose metrics that are meaningful, hard to game, and tied to a goal.
Inside this lesson
- Identify characteristics of effective metrics versus vanity metrics.
- Distinguish between leading and lagging indicators.
- Explain the relationship and differences between metrics and KPIs.
- Describe the risks of gaming when a metric becomes a target.
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Educational training content only - not professional, financial, legal, or data-governance advice, and not a promise of any business or analytical result. Examples are illustrative and use hypothetical data with stated assumptions and units. Third-party names are descriptive and imply no affiliation.