Introduction
How can data and data science be used to help your business? How can you leverage your data to truly make data-driven decisions? Well, this and more is what the article that we are about to dive into that’s linked here talks about.
Summary of Article
first, the article mentions the need for all this – alignment challenges. It mentions that some companies still struggle to use their data to generate meaningful insights or even to generate data from their customers. This is the first step to making those data-driven decisions. Next, the article gets into how we can educate colleagues, people who are well-informed about this process can educate their not-so-well-informed colleagues that way the entire organization is centered around this one strategic goal. The goal now for your business is to not wait until the technical aspect too much but to use Simple effective strategies to get your data into insights and to use those insights to make data-driven decisions. Something you can do in your organization is building a data culture with effective questioning strategies for engagement and understanding causality a/b testing and another statistical test. Lastly, the article gets into collaborating as an entire organization both those non-data and data roles collaborating to get the business plus a technical aspect just right so that way the best decisions can be made in the quickest amount of time.
My Take
overall I like this article’s focus on small businesses as well as the reader’s business in general was informative and helpful. It’s Target towards entrepreneurs help me understand how small businesses can incorporate these techniques to get the same impacts that the Giants like Microsoft and Amazon do. I also really like the author’s writing style as it was very informative and interesand ting kept the reader engaged. Not only that but the author’s use of images and pictures throughout the article right at a much-needed break for the reader which also helped increase comprehension and retention.
Conclusion
All in all this article was a good one I enjoyed the writer’s style of writing as well as the focus on entrepreneurial and small business Innovations through data. I highly recommend you read it especially if you are an entrepreneur and the article is linked here.