The North Star Framework is a model for managing products by identifying a single, crucial metric (the North Star Metric) - Amplitude North Star Framework
In addition the framework also identifies a set number of key input metrics that are directly tied to the north star metric. These are ones the Product teams can directly influence within their day to day work.
The North Star fits in-between the long term 1-3yr goals and your smaller ‘bets’ to make it happen.
Before you go ahead and start using the North Star Framework, first present why you think this is important and get feedback from senior stakeholders within your org. It is key to get everyone onboard, everyone needs to see the value - This is because there is a fair chunk of work to do and you need their help.
The best and only real way to implement the north star framework is through workshops. You need the key 2-5 stakeholders altogether and all focussed on generating the outputs.
The main activities I found most useful are: