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Atharva Deshmukh

Daily Learnings...ย โ€ขย 5m

A North Star Metric (NSM) is a key metric that a company prioritizes for growth. It serves as the foundation of a companyโ€™s growth strategy, representing the value delivered to customers. Benefits of NSM: a] Focusโ€“ While different teams may track separate numbers, the entire company aligns toward a common goal. b] Clarity โ€“ It provides a clear measure of the companyโ€™s overall performance. c] Customer-Centric Approach โ€“ The focus remains on enhancing customer value rather than diminishing it. NSM for Leading Tech Companies: 1] Meta โ€“ Daily Active Users (DAU) 2] Amazon โ€“ Number of purchases per user 3] Spotify โ€“ Time spent listening 4] Zoom โ€“ Number of meetings hosted per day 5] PayPal โ€“ Number of transactions per active user 6] Jira (Atlassian)โ€“ Tasks completed per user

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