Business Metrics vs Intuition Based Decision Making
Developers should learn business metrics to build products that align with business goals, prioritize features based on impact, and communicate effectively with non-technical stakeholders meets developers should use intuition based decision making when facing ambiguous scenarios, tight deadlines, or when data is scarce, such as in early-stage startups, hackathons, or emergency bug fixes. Here's our take.
Business Metrics
Developers should learn business metrics to build products that align with business goals, prioritize features based on impact, and communicate effectively with non-technical stakeholders
Business Metrics
Nice PickDevelopers should learn business metrics to build products that align with business goals, prioritize features based on impact, and communicate effectively with non-technical stakeholders
Pros
- +This is crucial in roles like product management, data-driven development, or startups where technical decisions directly affect business outcomes, such as optimizing for user retention or revenue growth
- +Related to: data-analysis, product-management
Cons
- -Specific tradeoffs depend on your use case
Intuition Based Decision Making
Developers should use Intuition Based Decision Making when facing ambiguous scenarios, tight deadlines, or when data is scarce, such as in early-stage startups, hackathons, or emergency bug fixes
Pros
- +It helps accelerate decision-making by drawing on past experiences and instincts, reducing analysis paralysis and enabling faster iteration
- +Related to: agile-methodology, problem-solving
Cons
- -Specific tradeoffs depend on your use case
The Verdict
These tools serve different purposes. Business Metrics is a concept while Intuition Based Decision Making is a methodology. We picked Business Metrics based on overall popularity, but your choice depends on what you're building.
Based on overall popularity. Business Metrics is more widely used, but Intuition Based Decision Making excels in its own space.
Disagree with our pick? nice@nicepick.dev