There it is! Suddenly the room lights up like a sunrise. It’s the bright lightbulb that just appeared over your head as you find a critical insight in your data. You know exactly what has to be done and you know it will mean big bucks for the business, but if you don’t know how to …
An insight isn’t enough. You have to be able to sell the action you want to take. Read More »
In the movie “Memento”, the main character tattoos notes all over his body to retain key pieces of information because he has no short-term memory. It’s a severe solution to a severe problem, but it gets the job done for him. Fortunately, we don’t suffer from that same problem, but in the corporate environment we …
Current conditions are putting businesses between a rock and a hard place when it comes to pricing. With inflation raging, it would seem like the time to raise prices and protect margins, but a likely recession on the horizon threatens to pull the rug out from under consumer demand. How can companies come up with …
Inflation + Recession: How to Handle Pricing Strategy in the Chaos Read More »
There may not be any skill that is more in-demand right now than data analysis and business intelligence, but even the best Data and BI teams may be struggling to live up to an unfair expectation, creating frustration and limiting the value they create. Recognizing and solving this disconnect is the key to a more …
The Unfair Ask that Limits the Success of Most Data Teams Read More »
There’s a certain thrill that comes from giving up control. Stepping out of the airplane with a parachute strapped to your back, buckling into the seat of the roller coaster car, or even just saying to the chef “surprise me” all share the same qualities. You are surrendering your fate to someone or something else, …
We are drowning in data but thirsty for insights. The answer is simple, right? Hire more data scientists. Never mind that there’s a huge shortage in skilled data scientists. Never mind that good ones demand high salaries and are at risk of being lured away by even better offers. If you want to turn all …
Before You Hire Another Data Scientist, Here’s Something You Should Do First Read More »
What do you do when an unexpected external factor causes your success metrics to spike (besides popping the champagne corks)? How you adjust your data insights to this kind of “Golden Swan” can make the difference between fond memories and a bad hangover.
Evolution is a funny thing. Creatures can go along successfully day after day for generations largely unchanged, then one day something new appears and rapidly outcompetes them. The same thing happens in business. New technologies and techniques emerge that give some companies an edge over others. When they do, it becomes an “adapt or die” …
Data Insights Capability Will Separate the Winners From the Losers. Read More »
When you’re trying to understand how to get value from your data, you might not immediately think of a restaurant kitchen, but it actually offers the perfect analogy. It also highlights exactly why so many companies are having such a hard time getting the desired return on their data investments. Sourcing your ingredients = capturing …
May inflation came in at a staggering 8.6%, the highest in over 40 years. It is a truly rare business executive who was in a leadership position the last time inflation was this hot. In fact, most of the leaders in place today haven’t experienced this kind of price spike in their adult lives. So …
