During my development of course material for DIT595 (Industrial Best Practice) for the Bachelor Program in Software Engineering and Management I got inspired by the Lean Start-up by Eric Ries (Crown Business Publishing, theleanstartup.com). The book is a very good material for entrepreneurs willing to start their own businesses. It is also very good for our students who want to do their bachelor and master theses in industry.
I also did some extra search for more articles on how measuring should be done in the lean start-ups. I have found the following article with tips for creating metrics – 8 tips…. The article proposes the following:
- Be actionable
- Be understandable and trustworthy
- Measure results
- Understand the downside
- Understand the upside
Since the article is free I will not quote more – I recommend reading it and reflecting upon the metrics that we create.