Who doesn’t want to get more from data? We spend a lot of time collecting it. Here are a few idea’s to help you get more out of it.
Leveraging your business data to drive performance means thinking differently. A simple shift in mindset may be all it takes to start your journey to more evidence based decision making. Why not consider how these ideas can change your approach to data in your business?
IDEA 1: YOUR BUSINESS IS A SYSTEM OF SYSTEMS
Your organisation is a system of systems. As Wikipedia states: A “system of systems is a collection of task-oriented or dedicated systems that pool their resources and capabilities together to create a new, more complex system which offers more functionality and performance than simply the sum of the constituent systems.”. A data-driven organisation aims to improve and optimize its systems to reduce costs and save time. Thinking about how your business systems work together is key to using data to drive your performance and profit.
IDEA 2: GET MORE FROM DATA THROUGH PROCESS IMPROVEMENT
Nobody likes change, especially when they are not in control of it. Change in organisations is hard, not fun. Process improvement is often thought of as boring, uninteresting and frustrating work. It requires an understanding how and why the software and technology works the way it does. This can often be difficult because inevitably it means people must change. That means uncertainty. Thus, process improvement and systems upgrades is often something that people want to avoid.
The problem with that attitude is that you will only get more from data when people change what they do. If this was not the case, you would already be getting a lot of value out of your software. But you are not and thus, change is needed. So switch up your thinking and see technology change as an ongoing part of your business. Invest in supporting the change that needs to happen to your business process and systems. Make process improvement a part of your everyday work.
IDEA 3: YOUR DATA IS A USER OF YOUR SOFTWARE
Your data is an user of your business systems – one of your staff members! Data has unique qualities just like your staff such as timeliness, relevance and availability. Just like your people, your data is also sensitive to being abused or neglected. It is free to move between functions, roles, systems and organisations.
To get more from your data think of it as one of your specialist employees. The person who’s unique skills you can’t do with out.
Like this poem, think of data as your child.
TURN YOUR DATA INTO DECISIONS
You can implement these ideas at any time, not matter your role at work. The trick is to change your perspective about your data. Change your mind and change the world. These ideas, might be just what you need to uncover the hidden gems and insights that you have been hoping to find.
Talk to us about how we can help you to think differently and get more from data in your business.