Business & Finance NSM Assignment- Slide 5 & 6
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
- 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.
- 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).
- Primary Benefit:
- Key Questions: Answer the following to establish your NSM:
- 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
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