The Happy Path Metrics Framework
When coming up with metrics for a product execution inteview, you must understand the what and why quickly. You need to list comprehensive metrics without going into too much details on the unimportant things. Before presenting my framework, I want to go through some must haves:
The Rules of the G.A.M.E.
K.I.S.S. - Don’t over complicate things. Keep it simple
Actions: Focus on User Needs to Get Done to be HAPPY
Evaluate: Marketplace Dynamics
Evaluate: what makes the product different
Key Actions Users Take
Goals
Top Metrics: Don’t forget: Secondary, Counter & Ecosystem (Guardrail) checks
Mistakes made along the way
When I started studying for Execution interviews, I was spending way too much time trying to think through all the steps. Then I tried to go high-level, but went too high and missed key actions and metrics. Then a wise woman told me: Think about the Happy Path. And so I designed the following Happy Path Metrics Framework.
Amazon meets Meta with this framework.
Work backwards from the end-user’s desired stated and the most important metrics become clear.
5 Step Happy Path Framework
The Product
How it Works
Why People Want It
Landscape
Competition
Differentiator
Audience/Stakeholder Alignment
Goals
Biz
User 1
User 2
Happy Path Metrics
Path Key User(s) Take
Identify 3 to 5 Metrics
Top Metrics
Remind yourself and the listener of the goal(s)
North Star (Primary)
Secondary
Counter
Guardrail/Ecosystem
Notes
The Happy Path
Walk through a journey or path
You will have more than 3 to 5 metrics swimming through your brain
During the interview you can’t possibly list them all
You need to naturally prioritize the metrics and edit out non-essential
The Top Metrics
Focus on a top metric that covers both sides of the ecosystem
Identify a key metric for each of the users
Special thanks to Rachana Mansinghka for the help and inspiration. The Happy Path approach is her brainchild.