Actionable data insight advantage
- 1. THERE IS SOMUCH DATA AVAILABLE… WHY DO I HAVE SO LITTLE INFORMATION!?
- 2. We need information, and we need it now! Our businesses depend on it… • Does it take forever to get a report? • Do your data systems talk to each other and share information? • Is your IT department giving you the service you need? • Are you getting the kinds of answers you are looking for from your reports/dashboards?
- 4. Define the rightquestions for the answers you need. This is not as easy as it sounds. Information can only return the kind of answers you design. This is a top down concept: it has to include the questions from all levels of the organization. Build data structure and integration to match. When the questions, i.e. the requirements, are ready, it is important to build databases and reporting appliances to accommodate them. Integrating all the systems to feed information in a meaningful way is equally important. Structuring must be flexible because you will need to change it once you get a feel for the information you want; then you will want more. Equals actionable information. The presentation of data needs to provide actionable information to management. So many reports are not actionable; these don’t help your business. This should be part of the design. Results equal optimum business management and growth. Actionable information. Be open to new types of data as they become available. Know that the more you know and learn, the more you will want more and different information. You will grow your system as you grow your business; they are partners in success.
- 5. It IS possibleto get what you need. ACTIONABLE is the key word. Let’s talk. The information from social media, mobile devices, and the internet are adding enormous richness to industry data. The data is a little different and the world is in the early stages of using it, but there is potential to add a lot of depth to your analytics. We can talk about this too. Corrinne Kahler kahler@KahlerAdvantage.com