Skip to main content

Use Data to Make Better Decisions

 How Measuring Differently Helps You Stand Out

In a digital world, information is everywhere. At work, at home or at play, you have more access to information than ever. Use it. Below you will find some things I have learned leveraging data to keep making improvements in anything I do.



Data is not something only for the office. When you realize how much information is out there, your world starts to change.

Feedback is the secret to success.

Google, Amazon, Apple, Facebook, Tik Tok - they all provide services. The platforms and devices aren't the only reason their are winning. Data is their real advantage.

It should be yours as well.

Measure What Matters

Whatever it is that you are about to do, if there is a path in front of that needs to grow or get better you HAVE to think about what to measure.

Some of what you need to measure is easy to understand. These are the things that everyone else is doing. Those core key performance indicators that start the journey.

Here are some examples:
  • Number of followers, email subscribers, website views, reads
  • Number of sales, order value, unique customers
  • Caloric density, running or walking pace, how many sets, how much weight
The goal of the core KPIs is always to give you context.

That data that starts to get interesting are the things that matter more to you. They are the ones that relate specifically to your business, your journey.

How to Identify the Information That's Important to You

This is going to sound stupidly simple. The data that's important to you is what supports your "Why's".

Why am I not getting views on a Monday?

Why can't finish my run?

Why am I putting on weight?


Why did we miss that customer delivery time?

Why are people not buying my course?

Always start with collecting the information that helps answer or provides feedback on your first level questions.

The data keeps you honest. It stops you from making assumptions and will challenge your perception. 

The Data I Need Isn't Available

Maybe it's not.

Usually it is, and if it's not, you can start to gather it.

The first thing to realize with ANY software that you are using is that EVERY field that is populated is in the back-end database.

I can't tell you how many times I have looked to build a report or asked someone for some type of information only to be told "you can't get a report like that".

That's trash.

The canned report may not have the field you want, but it's there. Protip: Always look to extract RAW data from systems - canned reports means someone has already decided what's important

And when it's not being recorded or it's not a field in your software? Gather it and build your own reports.

That probably sounds scary for some of you. It's not. Don't get me wrong, database management is a profession, it can get wildly complicated. For most of what people need, the basics are ultra simple.

Google Sheets, Excel, Airtable, Notion, [insert whatever tool that can structure data] can all help get you going.

A database is a filing cabinet. You record each transaction / item that you need to for what you are interested in. Each column in your table is a field (different piece of data). Some of it should be dimentional and other fields are transactional.

Dimensions are context. Who is the customer, their name, city. It can be static information about your product. These are the things that don't change.

Transactional data (facts) are things that do. What quantity was bought, how long an interaction lasted, how far you ran, the amount of weight you lifted, etc.

The only hard and fast rule is that you need a key. That's a unique ID that allows you to tag each customer or each product from your dimensions to your facts.

The Key to Success - Experimentation

You have to try.

To get feedback there has to be action. So, you need to test.

Don't worry about not getting everything right on the first try. There's too many times in my life where I started a project and started collecting information only to realize that something else was WAY more important than I realized.

Would I like to have those answers at the start? Of course. That's just not how it works.
The beauty in measuring your own why's and to building out your own insights is that you uncover the things that you didn't realize were influencing the outcome.

Don't kick yourself for not seeing it. No one has a crystal ball. Instead, celebrate the discovery. Use it to make things better.


Comments

Popular posts from this blog

The Irony Of A World That Needs Big Leaps

While Promoting Nothing but Fear  The dream of previous generations was to find a good job, settle in, work hard, get promoted and retire. People were happy to be in one place, and for many of them, one place provided them everything they needed. The world has change. Business has changed. People have changed. I recently read the book Jump by Kim Perell. It's not exactly a business book, definitely geared towards taking big leaps - more framed for life in general. The core ideas are great. Nothing dramatically different than a lot of what you will find in other books in the self-help genre, however the presentation is on point and well structured. Kim sets up the three main buckets for why people need to take big leaps (or jumps) in their life. You have no choice (i.e. something has happened to you) You see an opportunity You're feeling stuck The book did connect for me on a personal level, however I found a lot of parallels for my professional life as well. I've spent the ...

The Delicate Dichotomy of “The Right Choice”

  The Best Decision Isn’t Always as Obvious as It Seems Your success at work is correlated to the quality of your relationships. Easy right? It’s common sense. You might even be wondering who doesn’t already know this. The challenge isn’t about attitude though. You’re right, nobody likes the as%ho^e — Don’t be that person. The challenge comes when you have to choose between being right or making the right choice. The Problem My team and I had been working on a large project that had been pushed back multiple times over the years. The market finally got to a point where the problem in the field had to be addressed. We dusted off our files and started looking at the information we had built 3 years prior. We made our plans for what needed to be refreshed and how we would go about it. We cut through the project quickly. The team had matured a lot in that time and those roadblocks from the past were mere pebbles on the road this time around. Cue the problem. The fundamental assumptions...

Personal Lessons in Leadership: Authenticity

 Is It Really Always Best to “Be Yourself”? You’ve been in this room before. Maybe hundreds of times. It’s used whenever a presentation is being made. It’s a simple room. Exactly what you would expect of a basic conference room. A long rectangular shape with walls painted a neutral colour. The decor is is nothing special. Awards, posters and memorabilia from the organization’s history. It’s supposed to make you feel like your part of the team. And it does. Until you don’t agree with what’s being said. Now you feel like a a big red dot on a bright white canvas. Just be yourself is some of the most popular advice people will give you these days. Everyone is encouraging you to be authentic and bring you whole self to work. Depending on who you are speaking with or what you happen to be reading, there is more that can be added in. They’ll tell you that being authentic doesn’t mean that you always have to be exactly the same. That there is a time and a place for different versions of yo...