Business & Finance NSM Assignment- Slide 5 & 6

profileHappyRainFrog1

Company: Nike

Objective
Apply the concepts of the North Star Metric (NSM) and first-level input metrics to your chosen business. This exercise is designed to translate your business’s unique value proposition into measurable, actionable indicators. Important: You must use the same business selected for the previous three assignments. The use of AI tools is allowed to support your research and analysis.

Assignment Details

  • Main Deliverable: A one-slide presentation created using the attached template.
    • Part 1: Provide detailed answers to the three key questions for defining your NSM.
    • Part 2: Present a diagram illustrating the NSM along with the corresponding first-level input metrics (KPI tree).
  • Template Requirement: Slide 5 should be broken down into two slides- Left side is Slide 1 and Right side is Slide 2

Instructions

  1. Business Consistency
    • Requirement: Use the same business you selected for the previous assignments.
    • Overview: Provide a brief overview of the business, highlighting its value proposition and what differentiates it in the market.
  2. Define the North Star Metric (NSM) 10 points
    • Key Questions: Answer the following to establish your NSM:
      • Primary Benefit:
        What is the primary benefit that your product or service delivers to customers?
        Describe the fundamental value customers receive from your offering.
      • Key Action:
        What action do users take when they truly experience this value?
        Identify the behavior that demonstrates customers have achieved the intended benefit.
      • Measurement:
        How can you measure that action in a quantifiable way?
        Define a concrete, numerical method for tracking this action (e.g., using rates, counts, or specific performance indicators).
  3. Identify Input Metrics 10 points
    • Task: Select the main operational metrics that directly influence your NSM. These will form your KPI tree and provide actionable insights into business performance.
  • 4 months ago
  • 25