Sunday, 9 February 2020

Instilling a Data Driven Decision Making Culture in Your Business – A Blueprint



#TechforTheTechie: 'Gut' based decision making or Data & Analytics driven decisions in business. Despite all the “data knowledge” around us, are our leaders still “stuck”?




Image credit: Good Audience blog

















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This short form blog post was inspired by a question posed on LinkedIn by another data professional:

Q.
“Can old school corporate structure digest all these insights and incorporate them in their actual plans? Is the AI and BI capabilities moving too fast?

Would like to hear from professionals. Any insights?”

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A.
Yes. We can, and we do.
BI / MI Delivery and the Change Management Leadership it induces go hand-in-hand.

However, it's a whole different skill set being able to manage that piece too and successfully instill a data-driven decision making culture.

Formula is:
1.
Find one "big money" problem the business cares about.

2.
Solve it with data.

3.
Now you've proven yourself, and the capabilities of data insight & business intelligence, keep that momentum and your newfound supporters engaged:

Do more.

4.
Institutionalise and roll out to regular delivery on a highly scalable regular data delivery piece.

5.
Do even more in the business with data.

Feel free to include your lower ROI data "passion projects"... like building a chat bot for some customer support channel.

6.
Realise there will be pitfalls.
Some plans will not go as planned.

That's fine.

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Shake the tree. Throw sticks at the branches. Climb the tree. Cut the tree down. Doesn't matter...

...Get the fruit!

When you know what you're doing and trying to embed a data-driven decision making culture,
There's always a way!

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P.E II

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NB: As I learn more in my career in Data Science, I find it really fascinating and always want to share.
I also stay inquisitive and try to learn new things all the time.

I'm making a personal promise to myself (and to you, the reader), to blog more often in 2020! :)


Leave a comment if you like what you've read, if you've learnt something... if you have a specific tech-based topic you'd like to know my opinions on!

:)

Also, I micro-blog a lot, in 280 characters or less!

Catch me on Twitter too. Links below.

Ciao!

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