Once you know, what will you do?
I've yet to meet a client who didn't require, in some form or another, some way to analyze their data. Whether it was simple queries or reports, or more advanced dashboards or analytics, everyone wants to be able to analyze their data.
And that's a good thing.
But the first question that should be asked whenever we decide to analyze any data is "Once we've analyzed the data, what next action will we take as a result of that analysis?"
Or put more simply, "Once you know, what will you do?"
"That's interesting" or "It would be good to know" are not actions. "Let's try a different marketing message" or "Let's change the price on that" or "Let's stop doing that" are actions. Even "That's working, let's keep doing what we're doing" is an action!
So before you spend a lot of time and energy analyzing any data, ask yourself, "Once I know, what will I do?"
Wes's Wednesday Wisdom Archives
"Experience is unobservable to everyone except the person who it happens to."
In Dan Gilbert’s book Stumbling on Happiness, he writes: “Experience is unobservable to everyone except […]
Know Your Audience Before You Speak
This one may seem obvious, but when you’re speaking to anyone, whether it’s one person, […]
"Behavior is a function of the person in their environment."
Lewin’s equation says “behavior is a function of the person in their environment.” (He was […]
Signal-to-noise ratio
Signal-to-noise ratio Signal-to-noise ratio, formally used, applies to electricity and engineering, and refers to how […]
Consultants bring perspective
Consultants bring perspective At a recent speaking engagement, I was asked what I think is […]
Garbage in, gospel out
Garbage in, gospel out We’ve all heard the phrase “Garbage in, garbage out.” If the […]
Dramatic change does not happen overnight
Dramatic change does not happen overnight Like most things in life, dramatic change does not […]
Implementation Intention
Implementation Intention Editor’s note: I have a new email newsletter, sent weekly, called Wes’s Wednesday […]