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Align metrics with goals
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Choose relevant metrics
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Collect and analyze data
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4
Communicate and act on results
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5
Review and update metrics
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Learn and improve continuously
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Here’s what else to consider
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Quality metrics are quantitative measures that help you assess and improve the performance of your product in terms of quality attributes, such as usability, reliability, functionality, and customer satisfaction. They can help you identify problems, prioritize actions, track progress, and communicate results. However, creating and using quality metrics effectively requires following some best practices. In this article, you will learn about six of them.
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- Ankur Tyagi Thought Leader (In Making) | Problem Solver | Quality Management | Mindset Coach | Explorer | Change Management |…
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1 Align metrics with goals
The first step is to define the quality goals of your product and align them with the business objectives and customer needs. For example, if your goal is to increase customer retention, you might want to measure the churn rate, the net promoter score, or the customer effort score. These metrics should reflect the value proposition and the desired outcomes of your product. You should also make sure that your metrics are SMART: specific, measurable, achievable, relevant, and time-bound.
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- Ankur Tyagi Thought Leader (In Making) | Problem Solver | Quality Management | Mindset Coach | Explorer | Change Management | Quality Automation | Risk Management | Supplier Development
This all must start with the Vision statement of the organisation, where Organisation want to go in next 5-10 years.Balance Score Card must be generated based on Vision Statement and past performance.The BSC is then converted to the related Quality Metrics which must be achieved in order to meet the BSC.All BSC metrics must be SMART and must have an assigned champion. Same way all Quality Metrics must also be SMART with specific champion(s).While developing Quality Metrics, one must also look for- Competitive Benchmarking- Evolving Customer Needs- Never forget to consider COPQ in Quality Metrics- Select the metrics which aligns with the BSC and the long term Vision of organisation.
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2 Choose relevant metrics
The next step is to choose the most relevant metrics for your product and avoid using too many or irrelevant ones. You should focus on the metrics that can help you answer key questions about your product quality, such as how well it meets the requirements, how often it fails, how easy it is to use, and how satisfied the customers are. You should also consider the context and the trade-offs of your product, such as the complexity, the risk, the cost, and the time. For example, you might use different metrics for a prototype, a beta version, or a mature product.
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3 Collect and analyze data
The third step is to collect and analyze the data for your metrics. You should use reliable and valid sources of data, such as surveys, feedback, testing, analytics, or reviews. You should also use appropriate methods and tools to analyze the data, such as statistical techniques, charts, dashboards, or reports. You should look for patterns, trends, outliers, and correlations in the data and interpret them in relation to your quality goals. You should also compare your data with benchmarks, standards, or targets and identify gaps and opportunities for improvement.
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4 Communicate and act on results
The fourth step is to communicate and act on the results of your metrics. You should share the results with the relevant stakeholders, such as the product team, the management, or the customers. You should use clear and concise language and visuals to present the results and highlight the main findings and implications. You should also explain the actions that you plan to take or recommend based on the results, such as fixing bugs, enhancing features, or changing strategies. You should also solicit feedback and suggestions from the stakeholders and involve them in the improvement process.
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5 Review and update metrics
The fifth step is to review and update your metrics regularly. You should monitor the performance and the impact of your metrics and check if they are still aligned with your quality goals and relevant for your product. You should also evaluate the effectiveness and the efficiency of your data collection and analysis methods and tools and look for ways to improve them. You should also be open to changing or dropping your metrics if they are no longer useful or meaningful for your product quality improvement.
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6 Learn and improve continuously
The sixth and final step is to learn and improve continuously from your metrics. You should use your metrics as a feedback loop to inform your decisions and actions and to measure your outcomes and impacts. You should also use your metrics as a learning opportunity to discover new insights and ideas and to test new hypotheses and experiments. You should also use your metrics as a improvement catalyst to foster a culture of quality and innovation and to encourage collaboration and communication among your stakeholders.
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7 Here’s what else to consider
This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?
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