Measuring Venturing Activities Bundl Venture Club Minutes
The NICE framework: choosing venture metrics that are Non-financial, Implementable, Contextual and Evolving.
Which venture metrics survive contact with a board that wants financial numbers years too early?
Recaps are anonymised by design: no names, no companies.
A roundtable on measuring venturing efforts made two things clear: commonly used metrics do not tell the whole venture story, and no fixed set of metrics works for every venture. Out of the discussion came the NICE framework, developed with the members who attended, for customising and tracking the success factors that actually inform decisions.
Five key insights
- 01
Commonly used metrics do not tell the entire venture story, and there is no one-size-fits-all set of metrics, even between ventures.
- 02
Non-financial: early financial metrics are mostly assumptions, and bringing ROI into the discussion too soon undermines experimentation.
The rest of this recap is for members.
This is the room in short. Members get the complete write-up of every session, and a seat at the next one.
- Three more key insights
- Actions you can take on Monday
- What members said, in their own words
- The full minutes from every roundtable
Invite-only and complimentary for senior leaders in corporate innovation and growth.