Vanity Metrics
What are you measuring?
This article from Huffington Post — Are Vanity Metrics Making Your Organization Sick? — argues that too many organizations measure the wrong things … and when they do, they are “bound to get sick.”
Vanity metrics are “metrics that only look at the surface performance and don’t relate to the actual health of an organization.” I love that term!
Examples:
Facebook ‘Likes’, versus a combination of active Likes of posts, shares and comments.
Or website pageviews, versus bounce rates, time on site, goal conversions.
Or total users, versus rates of growth and churn.
Author George Weiner talks mostly in commercial terms, but notes: “Not-for-profits with online communities should be no different, even if the funders don’t care about it.”
His basic point: you want to know how your customers/donors are actually behaving … what are they actually doing?
Amen!
Tom