Analysis of "Data is worthless if you don’t communicate it" by Thomas H. Davenport

1. Data is Worthless if
You don’t
communicate it
Thomas H. Davenport

2. OVER 1.5 MILLION OF DATA-
SAVVY MANAGERS ARE
NEEDED TO TAKE
ADVANTAGE OF ALL DATA WE
GENERATE .

3. You don’t need to become a
winemaker to become a wine
connoisseur.
Managers don’t need to become
quant jocks.
- Professor Xiao-Li Meng

4. MANAGERS NEED TO
BECOME BETTER
CONSUMERS OF DATA,
WITH A BETTER
APPRECIATION OF
QUANTITATIVE ANALYSIS

5. Never make the mistake
of assuming that the
result will “speak for
themselves”.

6. If you’re going to spend
the better part of a decade
on a research project, also
put some time and effort
into disseminating your
results.

7. ANOTHER INSIGHT,
DR. JOHN GOTTMAN, WHO
DEVELOPED “MARRIAGE
EQUATION” WAS SUCCEED A
HUGE RECOGNITION AS A
RESULT OF GOOD
DATA COMMUNICATION

8. Simple Framework for communicating about
each analysis :
1. Understanding of the business problem
2. How I measure the business impact
3. What data is available
4. The initial solution hypothesis
5. The Solution
6. The Business impact of the solution.

9. Relevance to an
Indian Manager

10. As a manager,
It’s not your job to crunch
the numbers but is to
communicate with them.

11. “Present data is the most easiest
way possible.”

12. Be
A Good
Storyteller.

13. Presented By :-
Sahil Kumar
IEM Kokata