Module 7 Lesson 3: KPIs for AI Initiatives
·AI Business

Module 7 Lesson 3: KPIs for AI Initiatives

You can't manage what you don't measure. Go beyond 'Accuracy' and learn the business-centric KPIs for tracking the health and impact of your AI systems.

Module 7 Lesson 3: KPIs for AI Initiatives

A "Model Metric" (like Accuracy or F1 Score) helps the engineers. A "Business Metric" (like Time Saved or Customer Satisfaction) helps the CEO. This lesson bridges the gap.

1. Technical Health Metrics

Even as a business leader, you should know these three "vital signs" of your AI system:

  1. Latency: How long does it take for the AI to answer? (If it's over 3 seconds, users will stop using your chatbot).
  2. Accuracy (vs. Ground Truth): How often does the AI get the answer right compared to a human expert?
  3. Throughput: How many requests can the system handle at once? (Important for scaling).

2. Adoption & Engagement Metrics

Just because you built it doesn't mean they'll use it.

  • DAU/MAU (Daily/Monthly Active Users): Is the tool becoming a habit, or a one-time novelty?
  • Task Completion Rate: Does the user get their answer from the AI, or do they eventually have to "Ask a Human"?
  • Retention of "AI Champions": Are your power users still using the tool 3 months later?

3. Impact & Efficiency Metrics (The "Value" KPIs)

This is how you justify your budget for next year.

  • Workforce Leverage: "Our 10-person support team now handles 25,000 tickets instead of 10,000."
  • Speed-to-Action: "It used to take 3 days to approve a vendor; now it takes 2 minutes."
  • Revenue Uplift: "Customers who interact with the AI recommendation bot spend 15% more."

4. Safety & Governance KPIs

Don't ignore the risks in your dashboard.

  • Hallucination Rate: What % of audited responses contained factual errors?
  • Bias Deviation: Is the AI approving one demographic at a significantly higher rate than another?
  • Data Leakage Alerts: Number of times the "Sensitive Data Filter" was triggered by an employee's prompt.

Summary Table: Metric Hierarchy

StakeholderPrimary KPIWhy it matters
EngineerF1 Score / LossModel performance
Project LeadLatency / ThroughputReliability & Scalability
UserUser Rating (CSAT)Utility and "Vibe"
ExecutiveROI / Headcount LeverageProfitability & Growth

Exercise: The Dashboard Design

Scenario: You are launching an "AI Sales Assistant" that helps sales reps draft follow-up emails and summarize discovery calls.

  1. Pick YOUR North Star: If you could only see one number to decide if this project is successful, what would it be?
  2. The "Safety" Metric: How will you track if the sales rep is "Over-relying" on the AI and sending weird, robotic messages?
  3. The Feedback: How will you capture the sales rep's thumbs-up/thumbs-down in a way that the technical team can use to improve the model?

Summary

Metrics transform AI from a "Cool Science Experiment" into a "Predictable Business Asset." By tracking a mix of technical, engagement, and value KPIs, you can proactively manage your AI portfolio and double down on what works.

Next Lesson: We look at the final calculation—Success metrics and ROI.

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