5 Steps to Become a Data Driven Business
Becoming a data-driven business is essential for every organization that wants to improve in any way. Embracing data enlightens the processes behind everyday operations. It allows office managers to better understand and fix problems, from resolving simple office inefficiencies to stopping worker noncompliance.
Outlined below are five steps to help your organization improve to become a data-driven business.
Data-Driven Business Doesn’t Happen Overnight
The path to becoming a data-driven business can seem daunting. Gathering data then knowing what to do with it can be time consuming and expensive. However, with the right approach it becomes easy and can earn you great rewards.
Here are the five steps of our approach:
1. Understand What Being Data Driven Means
To become data driven is to act on what you know, not just what you assume. Take the time to figure out what data you need to be collecting. After you collect the information you need, put in the effort to interpret it. Analyzing even the smallest details of your processes can lead to great revelations about your daily operations.
2. Explore New Business Software
As adaptable as Excel is, it is not the one size fits all solution that many businesses use it as. There are many examples of softwares and apps that can help you organize and interpret data. Slack is a great tool to improve and understand how your teams are collaborating. If you’re looking to distill your daily operations data, XenonChex can help you understand shortcomings by visualizing how and why essential tasks are slipping through the cracks.
3. Change Your Culture to a Data Culture
Changing and growing your company culture is always a tricky process. In trying to become a data driven business, it’s important to help those you work with begin to understand and use this data to fuel their own decisions.
Promote and nurture an innate curiosity in your employees that will drive them to learn why certain operations perform the way they do. The more quickly you can instill this data culture, the sooner your organization will change fundamentally to run on facts instead of tradition.
4. Promote Easy Access
Making the transition to a data culture as easy as possible is one of the best ways to ensure that it’s useful and long living. If your data is hard to access, no one will have the time or patience to go look at it let alone learn to interpret it. Of course, change will always take effort, but do what you can to lower the barrier to entry. Educate your organization on how to access the data and help them understand why it’s so revolutionary.
5. Stay Focused
As with all business initiatives, when things get hard it’s easy to give up. Staying focused on becoming a data driven business is about seeing what you’re gaining through your hard work. The data you collect will allow you creative solutions to novel problems, insights on issues you never knew existed, and simply a way to increase business efficiency. The benefits of being data driven far outweigh the inconveniences, don’t lose sight of them.
Reach out to our team to learn more about how data can inform your day to day operations.