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KPI Library
Navigate your organization to excellence with 15,468 KPIs at your fingertips.




Why use the KPI Library?

Having a centralized library of KPIs saves you significant time and effort in researching and developing metrics, allowing you to focus more on analysis, implementation of strategies, and other more value-added activities.

This vast range of KPIs across various industries and functions offers the flexibility to tailor Performance Management and Measurement to the unique aspects of your organization, ensuring more precise monitoring and management.

Each KPI in the KPI Library includes 12 attributes:

  • KPI definition
  • Potential business insights [?]
  • Measurement approach/process [?]
  • Standard formula [?]
  • Trend analysis [?]
  • Diagnostic questions [?]
  • Actionable tips [?]
  • Visualization suggestions [?]
  • Risk warnings [?]
  • Tools & technologies [?]
  • Integration points [?]
  • Change impact [?]
It is designed to enhance Strategic Decision Making and Performance Management for executives and business leaders. Our KPI Library serves as a resource for identifying, understanding, and maintaining relevant competitive performance metrics.

Need KPIs for a function not listed? Email us at support@flevy.com.


We have 58 KPIs on User Research in our database. KPIs for User Research are vital in Product Management as they provide quantifiable metrics that gauge the effectiveness of products from the users' perspective. By aligning KPIs with user experience goals, product managers can monitor and measure user satisfaction, adoption rates, and engagement levels, ensuring that the product meets user needs and expectations.

These indicators help prioritize product features and improvements, guiding the product development cycle towards user-centered outcomes. Additionally, KPIs serve as a common language for cross-functional teams, facilitating clear communication about user research findings and progress towards objectives. Ultimately, KPIs for User Research contribute to data-driven decision-making, enhancing the product's market fit and success.

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$99/year
KPI Definition Business Insights [?] Measurement Approach Standard Formula
Average Time to Complete Research Studies

More Details

The average time it takes the team to complete a user research study from start to finish. Provides insights into the efficiency of the research process, helping to optimize the research cycle for speed and agility. Measures the length of time from the launch of a study to its conclusion, including planning, execution, and reporting phases. Total Time for All Studies / Number of Studies Conducted
Clarity of Research Objectives

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The degree to which research objectives are clearly defined and understood by stakeholders. Helps in ensuring that research efforts are aligned with business goals and the objectives are clearly communicated. Evaluates the specificity and understandability of research goals as perceived by stakeholders and research team members. No standard formula; qualitative assessment typically used
Comparative Benchmarking Success Rate

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The success rate of products or features when compared to industry benchmarks as a result of user research. Provides insights into competitive positioning and highlights areas where improvement is needed to achieve market leadership. Measures the frequency at which a company's products or services meet or exceed industry standards or competitor offerings based on research findings. (Number of Benchmarks Where Company Meets/Exceeds Standards / Total Number of Benchmarks) * 100
KPI Library
$99/year

Navigate your organization to excellence with 15,468 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 58 KPIs under User Research
  • 15,468 total KPIs (and growing)
  • 328 total KPI groups
  • 75 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

Conversion Rate from Insights to Features

More Details

The percentage of user research insights that are converted into actual product features or improvements. Helps to understand the effectiveness of the research in influencing the product development process. Tracks the ratio of user research insights that are transformed into actual product features or improvements. (Number of Features Developed from Insights / Total Number of Insights Generated) * 100
Cost Efficiency of Research Methods

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The cost efficiency of different user research methods based on the insights they generate. Provides a measure of the return on investment for user research activities, allowing for optimization of resource allocation. Considers the total cost of research activities against the number of insights gained or the impact on decision-making. Total Cost of Research / Number of Insights Generated
Cost per Participant

More Details

The cost of recruiting each participant for user research studies. Assesses the financial efficiency of user research activities, informing budget optimization and negotiation strategies. Considers the total cost incurred for each participant involved in research studies, such as incentives, recruitment, and overhead. Total Cost of Research / Number of Participants

In selecting the most appropriate User Research KPIs from our KPI Library for your organizational situation, keep in mind the following guiding principles:

  • Relevance: Choose KPIs that are closely linked to your Product Management objectives and User Research-level goals. If a KPI doesn't give you insight into your business objectives, it might not be relevant.
  • Actionability: The best KPIs are those that provide data that you can act upon. If you can't change your strategy based on the KPI, it might not be practical.
  • Clarity: Ensure that each KPI is clear and understandable to all stakeholders. If people can't interpret the KPI easily, it won't be effective.
  • Timeliness: Select KPIs that provide timely data so that you can make decisions based on the most current information available.
  • Benchmarking: Choose KPIs that allow you to compare your User Research performance against industry standards or competitors.
  • Data Quality: The KPIs should be based on reliable and accurate data. If the data quality is poor, the KPIs will be misleading.
  • Balance: It's important to have a balanced set of KPIs that cover different aspects of the organization—e.g. financial, customer, process, learning, and growth perspectives.
  • Review Cycle: Select KPIs that can be reviewed and revised regularly. As your organization and the external environment change, so too should your KPIs.

It is also important to remember that the only constant is change—strategies evolve, markets experience disruptions, and organizational environments also change over time. Thus, in an ever-evolving business landscape, what was relevant yesterday may not be today, and this principle applies directly to KPIs. We should follow these guiding principles to ensure our KPIs are maintained properly:

  • Scheduled Reviews: Establish a regular schedule (e.g. quarterly or biannually) for reviewing your User Research KPIs. These reviews should be ingrained as a standard part of the business cycle, ensuring that KPIs are continually aligned with current business objectives and market conditions.
  • Inclusion of Cross-Functional Teams: Involve representatives from outside of User Research in the review process. This ensures that the KPIs are examined from multiple perspectives, encompassing the full scope of the business and its environment. Diverse input can highlight unforeseen impacts or opportunities that might be overlooked by a single department.
  • Analysis of Historical Data Trends: During reviews, analyze historical data trends to determine the accuracy and relevance of each KPI. This analysis can reveal whether KPIs are consistently providing valuable insights and driving the intended actions, or if they have become outdated or less impactful.
  • Consideration of External Changes: Factor in external changes such as market shifts, economic fluctuations, technological advancements, and competitive landscape changes. KPIs must be dynamic enough to reflect these external factors, which can significantly influence business operations and strategy.
  • Alignment with Strategic Shifts: As organizational strategies evolve, evaluate the impact on Product Management and User Research. Consider whether the User Research KPIs need to be adjusted to remain aligned with new directions. This may involve adding new User Research KPIs, phasing out ones that are no longer relevant, or modifying existing ones to better reflect the current strategic focus.
  • Feedback Mechanisms: Implement a feedback mechanism where employees can report challenges and observations related to KPIs. Frontline insights are crucial as they can provide real-world feedback on the practicality and impact of KPIs.
  • Technology and Tools for Real-Time Analysis: Utilize advanced analytics tools and business intelligence software that can provide real-time data and predictive analytics. This technology aids in quicker identification of trends and potential areas for KPI adjustment.
  • Documentation and Communication: Ensure that any changes to the User Research KPIs are well-documented and communicated across the organization. This maintains clarity and ensures that all team members are working towards the same objectives with a clear understanding of what needs to be measured and why.

By systematically reviewing and adjusting our User Research KPIs, we can ensure that your organization's decision-making is always supported by the most relevant and actionable data, keeping the organization agile and aligned with its evolving strategic objectives.

KPI Library
$99/year

Navigate your organization to excellence with 15,468 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 58 KPIs under User Research
  • 15,468 total KPIs (and growing)
  • 328 total KPI groups
  • 75 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.




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