The Venture Metrics Framework
Go beyond the conventional measurements set with the new "NICE" metrics framework, developed by Bundl Venture Club members.
What is it for?
This canvas was designed by Bundl Venture Club members to customise their metric set and effectively track their key success factors.
This exercise can help you:
- Select the right metrics at each venture stage.
- Go beyond the typical financial and vanity metrics.
- Get a more accurate picture of the success of your venturing efforts.
What can you expect in this deck?
How to use this.
Map your NICE metrics
Use your current metrics as a stepping stone to figuring out which NICE metrics can give you a more holistic view of your venture’s progress.
Identify your key metrics
List the metrics that will give you the information you need to make more data-driven decisions.
Tailor your approach
Figure out how your metrics should be framed and interpreted based on the maturity of your venture, who you’ll be reporting to and the type of innovation you’re measuring.
Ensure your metrics evolve
Review your canvas on a quarterly basis to ensure the metrics you’re using still provide the data you need at different venture stages.