add q1 product goals #10354
add q1 product goals #10354
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| * Good structure for the “how to do product as an engineer” onboarding sessions, iterated based on feedback | ||
| * More engineers are confident to do user interviews on their own | ||
| **Goal 1: Bring growth and product thinking into teams** -> Raquel | ||
| * tbd, we should have some points here so that we know how to achieve this | ||
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@raquelmsmith If you want to add more detail here, please do
| **Goal 3: Identify benchmarks for metrics we should care about to make them more actionable** -> Anna | ||
| * Define what per-product metrics we care about (e.g. activation, churn) | ||
| * Based on industry benchmarks, define what "good" looks like | ||
| * Define a standard how we track these metrics across products (e.g. for churn, do we want to use a rolling 3-month average?) |
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@annaszell This is something @raquelmsmith and I discussed in the session replay growth review, and is probably applicable for all products, hence why I added it to this goal. Happy to help / work on this too, once we agreed on the first two points.
Essentially once we have the benchmarks, given our volatile metrics, maybe comparing every month to the benchmark doesn't make the most sense. Instead we were thinking for the benchmark comparison, calculate a rolling three month average, and compare that to the benchmark. Apparently this is what Shopify does too (quote needed).
In the growth review, we would then report on monthly churn (to have a quicker feedback loop & to spot outliers) and rolling 3 month churn (to compare to the benchmark).
Either way what we agree on we should add to the handbook, so we have it tracked for future growth reviews and PMs, hence point 4.
Added Q1 product goals