Are you measuring the ultimate impact on your customer?
Consider a human impact metric alongside business/product outcomes
We are all swimming in metrics: revenue, CVR, LTV, ARPU, MAUs, etc. We use indicators such as purchases and ongoing usage as indicators that our customers are perceiving and experiencing value from what we offer.
This is great, but I wonder: what if we took it a step further and measured the direct human impact on our end users?
Like a true experiment, what if we could measure the actual human impact on our customers that our product intends to create, using well-validated constructs?
For example, Asana is intended to drive team productivity and flow. Well, science has well-validated measures for flow that we could use to measure if that intended impact is actually occurring. This applies to a wide range of other intentions that products/services aim to create: creativity, mastery, motivation, autonomy, health/vitality, financial wellbeing, better relationships, etc.
It's a simple idea: add a metric tracking if your product is having the actual impact on your customers that you intend.
Courtney Bigony and Scott Barry Kaufman, a leading humanistic psychologist, created the Positive Product Design (PPD) framework to do just this: directly measure the positive psychological contribution of an intervention like a product.
Similar concepts come from the world of social/environmental impact, such as the concept of a double bottom line. PPD fascinates me as it extends the same idea to the intra/interpersonal domain of commercial products.
I'm not yet sure if these would apply to all products, but it seems worth exploring. For more, check out this conversation I had with Courtney Bigony, creator of the PPD framework.
This is amazing, essential work, Andrew.
Because in many ways, tech is still so new, we haven’t been able to more broadly measure and quantify its impact, as it’s all been driven by easy money & the dynamics of VC investment economics.
But like Meta’s research into the negative impacts of Instagram on pre-teen and teen girls they then subsequently suppressed, these measures need to be as much a part of the public discourse as MAU & DAU.
Look forward to listening to your conversation with Courtney.