Are you currently enrolled in a University? Avail Student Discount 

NextSprints
NextSprints Icon NextSprints Logo
⌘K
Product Design

Master the art of designing products

Product Improvement

Identify scope for excellence

Product Success Metrics

Learn how to define success of product

Product Root Cause Analysis

Ace root cause problem solving

Product Trade-Off

Navigate trade-offs decisions like a pro

All Questions

Explore all questions

Meta (Facebook) PM Interview Course

Crack Meta’s PM interviews confidently

Amazon PM Interview Course

Master Amazon’s leadership principles

Apple PM Interview Course

Prepare to innovate at Apple

Google PM Interview Course

Excel in Google’s structured interviews

Microsoft PM Interview Course

Ace Microsoft’s product vision tests

1:1 PM Coaching

Get your skills tested by an expert PM

Resume Review

Narrate impactful stories via resume

Pricing
Product Management Success Metrics Question: Evaluating real-time analytics dashboard for employee engagement platform
Image of author vinay

Vinay

Updated Dec 4, 2024

Submit Answer

Asked at Peakon

15 mins

what metrics would you use to evaluate peakon's real-time analytics dashboard?

Product Success Metrics Medium Member-only
Metric Definition Data Analysis Product Strategy HR Technology SaaS Employee Engagement
Product Metrics SaaS Employee Engagement HR Tech Analytics Dashboard

Introduction

Evaluating Peakon's real-time analytics dashboard requires a comprehensive approach to product success metrics. To address this challenge effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders. This approach will help us gain a holistic understanding of the dashboard's performance and impact.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy, and strategic implications.

Step 1

Product Context

Peakon's real-time analytics dashboard is a critical tool for HR professionals and business leaders to monitor employee engagement and sentiment in real-time. It provides instant insights into workforce trends, allowing for timely interventions and data-driven decision-making.

Key stakeholders include:

  1. HR professionals: Seeking actionable insights to improve employee experience
  2. Business leaders: Looking for a high-level view of organizational health
  3. Employees: Indirectly benefiting from improved workplace conditions
  4. Peakon (now part of Workday): Aiming to differentiate its offering in the competitive HR tech market

User flow:

  1. Users log in to the Peakon platform
  2. They navigate to the real-time analytics dashboard
  3. They interact with various widgets and data visualizations to explore different metrics
  4. Users can drill down into specific departments or teams for more granular insights
  5. They can set up custom alerts for specific metrics or thresholds

The real-time analytics dashboard fits into Peakon's broader strategy of providing continuous employee listening and actionable insights. It differentiates Peakon from competitors by offering more immediate and dynamic data compared to traditional annual or quarterly surveys.

In terms of the product lifecycle, the real-time analytics dashboard is likely in the growth stage. It's a relatively new feature in the employee engagement space, gaining traction but still with room for significant adoption and feature expansion.

Software-specific context:

  • Platform: Web-based application
  • Integration points: HRIS systems, communication tools (e.g., Slack), and other HR tech stack components
  • Deployment model: Cloud-based SaaS

Subscribe to access the full answer

Monthly Plan

The perfect plan for PMs who are in the final leg of their interview preparation

$99.00 /month

(Billed monthly)
  • Access to 8,000+ PM Questions
  • 10 AI resume reviews credits
  • Access to company guides
  • Basic email support
  • Access to community Q&A
Most Popular - 75% Off

Yearly Plan

The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech

$99.00
$25.00 /month
(Billed annually)
  • Everything in monthly plan
  • Priority queue for AI resume review
  • Monthly/Weekly newsletters
  • Access to premium features
  • Priority response to requested question
Leaving NextSprints Your about to visit the following url Invalid URL

Loading...
Comments


Comment created.
Please login to comment !