Mice

MICE is a business model framework used to analyze key factors impacting a company's success. It stands for Metrics, Incentives, and Comparisons. Metrics are the measurable data points that track performance, such as sales or customer satisfaction. Incentives refer to the rewards or motivations that influence behavior, like bonuses or recognition. Comparisons involve benchmarking against competitors or industry standards to gauge relative performance. Together, these elements help organizations understand their operational strengths and challenges, guiding strategic decisions to improve efficiency, competitiveness, and growth.