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What is ICE for growth?

sobes.tech AI

Answer from AI

ICE is an abbreviation that, in the context of growth (product growth), stands for Impact, Confidence, Ease. It is a method for prioritizing hypotheses and tasks for product growth.

  • Impact: How strongly the change will affect key metrics or growth.
  • Confidence: How confident you are in the accuracy of the impact assessment and the hypothesis's success.
  • Ease: How simple and quick it is to implement the change.

Each parameter is assigned a score (usually from 1 to 10), after which a final score is calculated, for example, using the formula:

ICE Score = (Impact × Confidence) / Ease

This approach helps focus on tasks that will bring the maximum effect with minimal costs and a high probability of success.

Example:

Hypothesis Impact Confidence Ease ICE Score
Improve onboarding 8 7 4 14
Add a new feature 6 5 2 15

Thus, ICE helps make informed decisions in product growth.

What is ICE for growth? — Product Manager - sobes.tech