Metrics and analytic are critical for any start up and they need to use it being aware that the business they are in or going to be in and the stage they are in matters a lot when choosing metrics.
This document discusses creating sustainable workplaces to increase productivity. It notes that emissions from IT systems and electrical fields in many offices exceed recommended safety levels, and reducing these emissions can save costs while improving employee health, motivation and productivity. Creating sustainable workplaces is proposed as a way for companies to gain positive publicity through corporate social responsibility initiatives while also enjoying financial benefits from more effective work environments.
The document outlines Cloud9's vision to simplify analytics and make managers smarter in order to increase revenue. It discusses Cloud9's performance management applications that detect problems, ask the right questions, and enable corrective action. The solution has led to a 300% increase in subscribers from 2009 to 2010. Product enhancements like simplified user experience, rotators, and custom hierarchies are improving the solution. Customer testimonials praise improved communication, consistency, and forecast accuracy. The document announces an upcoming product process discussion and keynote on best practices.
2011 07 Cloud Service Contracts Get Stormy FinalMichele Hudnall
In the rush to the cloud, many business leaders are heading for trouble. Companies that don’t follow a roadmap or set up a safety net are driving off a cliff, encountering service failures that threaten viability. First businesses need to assess services for cost, value and risk to develop the roadmap that considers short- and long-term costs and savings. Second, businesses must build the safety net in terms of a service contract that outlines expectations for quality, performance, responsiveness, support, disruption and end of contract. This session will discuss the strategy for developing a service roadmap, contract and how to measure and govern the service provider, ensuring perception is reality.
We created this pitch deck to help our growth team talk to business leaders and HR professionals show what on-demand helps companies scale and be more productive.
Explains about the EMR implementation and how to maximize the efficiency and minimize the cost of the implementation. For more information visit: http://www.transformhealth-it.org/
- The Effective Edge is a productivity coaching and training company that has been in business since 1995 and serves clients in 10 countries, mostly large corporations.
- Research shows that employees spend a significant amount of time searching for information, creating emails, and feeling stressed due to information overload.
- The Getting the EDGE workshop teaches integrated solutions for prioritizing tasks and maximizing productivity using tools like Microsoft Outlook. The goal is to help participants better manage their workload and improve work-life balance.
- Participants reported gaining 1-2 extra hours of productivity per day and feeling more focused, relaxed, and empowered after applying the strategies taught in the workshop.
- The Effective Edge is a productivity coaching and training company that has been in business since 1995 and serves clients in 10 countries, mostly large corporations.
- Research shows that the average employee gets 150 new emails per day and spends 28% of their time searching for information and 25% of their time creating email content. This costs corporations an estimated $65 billion annually in lost productivity.
- The Getting the EDGE workshop teaches integrated solutions for prioritizing tasks and managing workflows using Microsoft Outlook. Participants report gaining 1-2 hours of increased productivity per day and feeling more focused, relaxed, and empowered.
This document discusses creating sustainable workplaces to increase productivity. It notes that emissions from IT systems and electrical fields in many offices exceed recommended safety levels, and reducing these emissions can save costs while improving employee health, motivation and productivity. Creating sustainable workplaces is proposed as a way for companies to gain positive publicity through corporate social responsibility initiatives while also enjoying financial benefits from more effective work environments.
The document outlines Cloud9's vision to simplify analytics and make managers smarter in order to increase revenue. It discusses Cloud9's performance management applications that detect problems, ask the right questions, and enable corrective action. The solution has led to a 300% increase in subscribers from 2009 to 2010. Product enhancements like simplified user experience, rotators, and custom hierarchies are improving the solution. Customer testimonials praise improved communication, consistency, and forecast accuracy. The document announces an upcoming product process discussion and keynote on best practices.
2011 07 Cloud Service Contracts Get Stormy FinalMichele Hudnall
In the rush to the cloud, many business leaders are heading for trouble. Companies that don’t follow a roadmap or set up a safety net are driving off a cliff, encountering service failures that threaten viability. First businesses need to assess services for cost, value and risk to develop the roadmap that considers short- and long-term costs and savings. Second, businesses must build the safety net in terms of a service contract that outlines expectations for quality, performance, responsiveness, support, disruption and end of contract. This session will discuss the strategy for developing a service roadmap, contract and how to measure and govern the service provider, ensuring perception is reality.
We created this pitch deck to help our growth team talk to business leaders and HR professionals show what on-demand helps companies scale and be more productive.
Explains about the EMR implementation and how to maximize the efficiency and minimize the cost of the implementation. For more information visit: http://www.transformhealth-it.org/
- The Effective Edge is a productivity coaching and training company that has been in business since 1995 and serves clients in 10 countries, mostly large corporations.
- Research shows that employees spend a significant amount of time searching for information, creating emails, and feeling stressed due to information overload.
- The Getting the EDGE workshop teaches integrated solutions for prioritizing tasks and maximizing productivity using tools like Microsoft Outlook. The goal is to help participants better manage their workload and improve work-life balance.
- Participants reported gaining 1-2 extra hours of productivity per day and feeling more focused, relaxed, and empowered after applying the strategies taught in the workshop.
- The Effective Edge is a productivity coaching and training company that has been in business since 1995 and serves clients in 10 countries, mostly large corporations.
- Research shows that the average employee gets 150 new emails per day and spends 28% of their time searching for information and 25% of their time creating email content. This costs corporations an estimated $65 billion annually in lost productivity.
- The Getting the EDGE workshop teaches integrated solutions for prioritizing tasks and managing workflows using Microsoft Outlook. Participants report gaining 1-2 hours of increased productivity per day and feeling more focused, relaxed, and empowered.
Whether you’re in the office or on the go, to run your business, you need to be connected no matter
where you are. More and more, the employees you’re hiring want the same thing: the flexibility to
choose where and when they work and the technology to keep them connected. Providing this
flexibility is key to staying competitive in an ever-changing market.
Using data analytics midlands think tank 2013Paddy Moore
The document discusses how data analytics can provide business clarity and better decisions through access to current, relevant, and actionable information, highlighting that businesses see a €10.66 return for every €1 spent on analytics and can gain a 67% competitive advantage; it also examines how the evolution of technology over time has made analytics solutions cheaper, more powerful, and easier to use than in the past.
This document provides an overview of Perennial Systems, a company that has 7+ years of development experience and has seen 150% year-on-year growth for the last three years. The company has developed over 100 mobile applications using 105 reusable components with a team of 57 developers focused on innovation. In the last year alone, the company converted 27 ideas into products as a specialized product development company that bridges technology gaps and enables ideas through product development.
This document discusses the concept of positive deviance and using evidence-driven processes to find success within one's own organization. Positive deviance refers to practices that show better performance under the same conditions as comparable practices. The document advocates shifting from "fixing errors" to "rewarding and learning from the best." It provides an example of how positive deviance was used in bakeries to identify higher performing stores and determine root causes of their success that could be applied elsewhere, such as creative deviations from standardized processes. The document encourages organizations to identify their own positive deviants to drive process innovation from within.
The document discusses smarter working frameworks and strategies for the modern workplace. It emphasizes collaborative workspaces, flexible work arrangements, and multi-functional technology solutions. Smarter working involves communication technologies, cloud storage, video conferencing, and virtual teaming to allow flexible work environments and work-life balance while maintaining collaboration and productivity. The shifts reflect the priorities of attracting and retaining talent through compensation, flexibility, and well-being over traditional benefits and structures.
Work+Life Flex: Recession Business Strategy with Broad Bottom line Impactcaliyost
The document discusses work-life flexibility as a strategic lever for organizations facing an "always on" and "do more with less" business environment. It notes that work-life flexibility can help companies work better and smarter, reduce costs, improve customer service, manage talent, promote individual well-being, and increase environmental sustainability. While many CFOs recognize the broad impacts, few companies treat work-life flexibility as a formal strategy. The document argues companies need to close the awareness-action gap by developing a compelling vision, ensuring leadership buy-in, and making flexibility a priority across the organization.
Data Science or Do you believe in magic?Tereza Iofciu
A lot of people want to work in data science and a lot of companies want to have successful data science teams. Nevertheless, we often hear stories about unmet expectations on both employee and employer sides. In this talk we will navigate the world of data science in industry and see where the line between magic and reality lies.
Talk given at Big Data & AI World Frankfurt 2020
Lead The Enterprise Social Revolution: How to Drive Sustainable AdoptionDux Raymond Sy
This document discusses the rise of social media and how it has driven changes in how companies operate. It notes that 84% of organizations have remote workers and people now use an average of 4 devices daily. It also discusses how social capabilities have removed barriers of geography and time. The document advocates that social media should be seamlessly integrated into tools used for work to facilitate purposeful collaboration across organizations. It provides examples of how companies have used social media for projects, training, and measuring business value.
Behavioral Econ 101 for Product Design - Action Design DC 12 August 2014Stephen Wendel
Stephen Wendel's & Zarak Khan's presentation at Action Design DC on 12 August 2014, giving an introduction to behavioral economics and how it can be applied to product design.
This is your brain.
This is your brain on a mobile site with throughput throttled just enough to frustrate the heck out of you.
This is your brain thinking about all the tests you could run if you had your own lightweight, wireless EEG braincap to directly but passively monitor brain activity in your customers as they interact with your digital assets.
From the eMetrics Conference in Chicago, Radware Evangelist Tammy Everts describes a mobile web stress test conducted to gauge the impact of network speed on emotional engagement and brand perception. Neural marketing has escaped the lab and has found its way into practical applications. For even more on the web stress tests, please visit: http://www.radware.com/mobile-eeg2013/
This document discusses creating a value proposition and stakeholder map for a new service or business. It asks questions about solving problems for users and businesses, key performance indicators, cost estimates, and affected stakeholders. Developing an understanding of these areas is important for defining the value and impact of a new offering.
Slides presented by SurveyMonkey, Regus and Gallup on doing concept test and product market fit research. NUS Enterprise - Singapore Kopi Chat 14th of October 2015
Survey kiosk, smiley feedback with a Celpax Rebecca Lundin
A survey kiosk with smileys to measure employee engagement. A tool for managers that want to improve their workplace, hands-on.
Your 1st is free (1max per company)
The Celpax data shows if your improvements are working:
1. Employees press green or red to answer “How was your day?” when the shift ends
2. The online dashboard shows hourly, daily, weekly and monthly results
3. Fix something red! Check the data to see if it worked :)
Demonstrating the Value of Employee Engagement: Case StudiesSustainable Brands
This document discusses case studies of employee engagement programs focused on sustainability from four companies: WeSpire, Intel, TD Bank, and CA Technologies. It describes how WeSpire's engagement platform has helped 25 companies across 45 countries complete over 2 million sustainability actions. It also provides examples of how Intel, TD Bank, and CA Technologies have measured increases in employee engagement through metrics like recycling rates, participation in challenges and pledges, and survey responses. The case studies demonstrate how tracking employee actions and measuring engagement can provide tangible environmental and financial benefits for companies.
Recent academic research shows that companies that use data-driven decision making are more profitable than those that do not. Companies in the top third of their industry in data-driven decision making were on average 5% more productive and 6% more profitable than competitors. The article outlines 12 traits of data-driven companies including making decisions at the lowest level, using diverse data, developing understanding through data, appreciating variation, and continuously learning.
The document presents research on the impact of e-commerce adoption on small and medium enterprises (SMEs) in Taiwan. It examines the effects of e-commerce on marketing and operations functions and how this influences firm performance. A survey was conducted of 110 Taiwanese SMEs across six industries. The results showed that e-commerce positively impacts firm performance through improved operations and marketing efficiency. However, the size of firms moderates these relationships, with marketing impacts being more negative for larger SMEs. A key finding is that e-commerce adoption can enhance Taiwanese SME performance by making operations and marketing more effective.
1) The document discusses adopting an effective decision making framework using common methods and processes. It emphasizes capturing analytic insight as an asset and improving collaboration.
2) Decision Model and Notation (DMN) is presented as a common language that can be used to model decisions. DMN provides constructs to define decisions, their requirements, and relationships in diagrams.
3) Examples of applying DMN to decisions around retail conversion rate are shown. Components such as decisions, data sources, and knowledge bases are modeled visually.
This document discusses various strategies and activities that can impact enterprise value, such as cost optimization, organic and inorganic growth, brand management, innovation, sustainability, design, employee engagement, business model management, and risk management. It emphasizes that enterprise value is influenced by both tangible and intangible factors, and companies should evaluate multiple perspectives to identify opportunities to increase value over time through mutually reinforcing strategies.
Evolutionary Development Methodology® in one page.
EDM is an agile, spiral methodology developed specifically for business intelligence. It is a complete end-to-end methodology including assessment, initiation, and delivery.
EDM incorporates a principles-based layered architecture, including business architecture, information systems architecture, and technology layers.
5 Things to Consider when evaluating an Enterprise Innovation Platform Milind Pansare
This webinar introduces Enterprise Innovation Platforms and differentiates them from Enterprise Social Networks or Social Business Software. It then lists the 5 key things to consider when evaluating such a platform for purchase in your organization.
This document provides best practices and strategies for optimizing email marketing campaigns. It discusses testing different subject lines, personalization techniques, content types, and call-to-action buttons. Case studies show how segmentation, purging inactive contacts, behavioral nurturing, and video led to increases in open rates, conversions, and meetings booked. The key takeaways are to test continually, track what grabs attention, understand audiences, and use personalization and motion judiciously.
Whether you’re in the office or on the go, to run your business, you need to be connected no matter
where you are. More and more, the employees you’re hiring want the same thing: the flexibility to
choose where and when they work and the technology to keep them connected. Providing this
flexibility is key to staying competitive in an ever-changing market.
Using data analytics midlands think tank 2013Paddy Moore
The document discusses how data analytics can provide business clarity and better decisions through access to current, relevant, and actionable information, highlighting that businesses see a €10.66 return for every €1 spent on analytics and can gain a 67% competitive advantage; it also examines how the evolution of technology over time has made analytics solutions cheaper, more powerful, and easier to use than in the past.
This document provides an overview of Perennial Systems, a company that has 7+ years of development experience and has seen 150% year-on-year growth for the last three years. The company has developed over 100 mobile applications using 105 reusable components with a team of 57 developers focused on innovation. In the last year alone, the company converted 27 ideas into products as a specialized product development company that bridges technology gaps and enables ideas through product development.
This document discusses the concept of positive deviance and using evidence-driven processes to find success within one's own organization. Positive deviance refers to practices that show better performance under the same conditions as comparable practices. The document advocates shifting from "fixing errors" to "rewarding and learning from the best." It provides an example of how positive deviance was used in bakeries to identify higher performing stores and determine root causes of their success that could be applied elsewhere, such as creative deviations from standardized processes. The document encourages organizations to identify their own positive deviants to drive process innovation from within.
The document discusses smarter working frameworks and strategies for the modern workplace. It emphasizes collaborative workspaces, flexible work arrangements, and multi-functional technology solutions. Smarter working involves communication technologies, cloud storage, video conferencing, and virtual teaming to allow flexible work environments and work-life balance while maintaining collaboration and productivity. The shifts reflect the priorities of attracting and retaining talent through compensation, flexibility, and well-being over traditional benefits and structures.
Work+Life Flex: Recession Business Strategy with Broad Bottom line Impactcaliyost
The document discusses work-life flexibility as a strategic lever for organizations facing an "always on" and "do more with less" business environment. It notes that work-life flexibility can help companies work better and smarter, reduce costs, improve customer service, manage talent, promote individual well-being, and increase environmental sustainability. While many CFOs recognize the broad impacts, few companies treat work-life flexibility as a formal strategy. The document argues companies need to close the awareness-action gap by developing a compelling vision, ensuring leadership buy-in, and making flexibility a priority across the organization.
Data Science or Do you believe in magic?Tereza Iofciu
A lot of people want to work in data science and a lot of companies want to have successful data science teams. Nevertheless, we often hear stories about unmet expectations on both employee and employer sides. In this talk we will navigate the world of data science in industry and see where the line between magic and reality lies.
Talk given at Big Data & AI World Frankfurt 2020
Lead The Enterprise Social Revolution: How to Drive Sustainable AdoptionDux Raymond Sy
This document discusses the rise of social media and how it has driven changes in how companies operate. It notes that 84% of organizations have remote workers and people now use an average of 4 devices daily. It also discusses how social capabilities have removed barriers of geography and time. The document advocates that social media should be seamlessly integrated into tools used for work to facilitate purposeful collaboration across organizations. It provides examples of how companies have used social media for projects, training, and measuring business value.
Behavioral Econ 101 for Product Design - Action Design DC 12 August 2014Stephen Wendel
Stephen Wendel's & Zarak Khan's presentation at Action Design DC on 12 August 2014, giving an introduction to behavioral economics and how it can be applied to product design.
This is your brain.
This is your brain on a mobile site with throughput throttled just enough to frustrate the heck out of you.
This is your brain thinking about all the tests you could run if you had your own lightweight, wireless EEG braincap to directly but passively monitor brain activity in your customers as they interact with your digital assets.
From the eMetrics Conference in Chicago, Radware Evangelist Tammy Everts describes a mobile web stress test conducted to gauge the impact of network speed on emotional engagement and brand perception. Neural marketing has escaped the lab and has found its way into practical applications. For even more on the web stress tests, please visit: http://www.radware.com/mobile-eeg2013/
This document discusses creating a value proposition and stakeholder map for a new service or business. It asks questions about solving problems for users and businesses, key performance indicators, cost estimates, and affected stakeholders. Developing an understanding of these areas is important for defining the value and impact of a new offering.
Slides presented by SurveyMonkey, Regus and Gallup on doing concept test and product market fit research. NUS Enterprise - Singapore Kopi Chat 14th of October 2015
Survey kiosk, smiley feedback with a Celpax Rebecca Lundin
A survey kiosk with smileys to measure employee engagement. A tool for managers that want to improve their workplace, hands-on.
Your 1st is free (1max per company)
The Celpax data shows if your improvements are working:
1. Employees press green or red to answer “How was your day?” when the shift ends
2. The online dashboard shows hourly, daily, weekly and monthly results
3. Fix something red! Check the data to see if it worked :)
Demonstrating the Value of Employee Engagement: Case StudiesSustainable Brands
This document discusses case studies of employee engagement programs focused on sustainability from four companies: WeSpire, Intel, TD Bank, and CA Technologies. It describes how WeSpire's engagement platform has helped 25 companies across 45 countries complete over 2 million sustainability actions. It also provides examples of how Intel, TD Bank, and CA Technologies have measured increases in employee engagement through metrics like recycling rates, participation in challenges and pledges, and survey responses. The case studies demonstrate how tracking employee actions and measuring engagement can provide tangible environmental and financial benefits for companies.
Recent academic research shows that companies that use data-driven decision making are more profitable than those that do not. Companies in the top third of their industry in data-driven decision making were on average 5% more productive and 6% more profitable than competitors. The article outlines 12 traits of data-driven companies including making decisions at the lowest level, using diverse data, developing understanding through data, appreciating variation, and continuously learning.
The document presents research on the impact of e-commerce adoption on small and medium enterprises (SMEs) in Taiwan. It examines the effects of e-commerce on marketing and operations functions and how this influences firm performance. A survey was conducted of 110 Taiwanese SMEs across six industries. The results showed that e-commerce positively impacts firm performance through improved operations and marketing efficiency. However, the size of firms moderates these relationships, with marketing impacts being more negative for larger SMEs. A key finding is that e-commerce adoption can enhance Taiwanese SME performance by making operations and marketing more effective.
1) The document discusses adopting an effective decision making framework using common methods and processes. It emphasizes capturing analytic insight as an asset and improving collaboration.
2) Decision Model and Notation (DMN) is presented as a common language that can be used to model decisions. DMN provides constructs to define decisions, their requirements, and relationships in diagrams.
3) Examples of applying DMN to decisions around retail conversion rate are shown. Components such as decisions, data sources, and knowledge bases are modeled visually.
This document discusses various strategies and activities that can impact enterprise value, such as cost optimization, organic and inorganic growth, brand management, innovation, sustainability, design, employee engagement, business model management, and risk management. It emphasizes that enterprise value is influenced by both tangible and intangible factors, and companies should evaluate multiple perspectives to identify opportunities to increase value over time through mutually reinforcing strategies.
Evolutionary Development Methodology® in one page.
EDM is an agile, spiral methodology developed specifically for business intelligence. It is a complete end-to-end methodology including assessment, initiation, and delivery.
EDM incorporates a principles-based layered architecture, including business architecture, information systems architecture, and technology layers.
5 Things to Consider when evaluating an Enterprise Innovation Platform Milind Pansare
This webinar introduces Enterprise Innovation Platforms and differentiates them from Enterprise Social Networks or Social Business Software. It then lists the 5 key things to consider when evaluating such a platform for purchase in your organization.
This document provides best practices and strategies for optimizing email marketing campaigns. It discusses testing different subject lines, personalization techniques, content types, and call-to-action buttons. Case studies show how segmentation, purging inactive contacts, behavioral nurturing, and video led to increases in open rates, conversions, and meetings booked. The key takeaways are to test continually, track what grabs attention, understand audiences, and use personalization and motion judiciously.
Is striving for best practices enough? If everyone is following best practices, isn't that average or the benchmark? Bulldog's own Chief Creative Officer, Brian Maschler, provides his suggestion on how to achieve above average results and shares some of Bulldog's key strategies to make your outbound efforts more effective and more relevant to your customer.
Planning your analytics journey - webinar slidesSprout Labs
This document discusses how learning and development professionals can become more data-driven. It defines key terms like learning data and analytics. It explores how to collect and analyze different types of data, including learner behavior, assessments, and business outcomes. The document also discusses emerging approaches like machine learning and artificial intelligence. It provides examples of how data can be used to personalize learning, make predictions, and gain insights to improve performance. Overall, the document promotes taking a more experimental and iterative approach to learning design and using data to continuously improve programs and their impact on business metrics.
The use of leading indicators - proactive, preventive and predictive measures to identify and eliminate risks and hazards in the workplace – is on the radar of many environmental, health and safety professionals.
In this webinar, John Dony and Joy Inouye of the Campbell Institute, will discuss their research into leading indicators. They will define leading indicators, explain their importance, describe applications, and share specific examples of indicators.
The presentation will include case studies and advice for getting started with leading indicators at your organization.
The Campbell Institute at the National Safety Council is built upon the belief that environment, health and safety (EHS) is at the core of business. It sees EHS as fundamental to operational and financial performance, and seeks to help organizations, of all sizes and sectors, achieve and sustain excellence.
Attend this webinar and learn:
How leading indicators could improve your EHS programs
Practical advice on how to implement them
Successful case studies from industry-leading organizations
AI and deep learning solutions use cutting-edge technology to improve business operations, enhance decision-making, and drive innovation. OurAI solutions leverage advanced algorithms and machine learning models to analyze data, identify patterns, and make predictions. Our deep learning expertise allows us to develop highly accurate models that can learn from vast amounts of data, enabling businesses to make more informed decisions. With ourAI and deep learning solutions, your organization can achieve increased efficiency, improved customer satisfaction, and a competitive
https://www.mobiloitte.com/artificial-intelligence-solution/
How to sustain analytics capabilities in an organizationSAS Canada
This presentation is part of Analytics Management Series that is designed to suggest paths towards effective decision-making in order to help sustain and grow analytical capabilities. It features thought leaders who actively manage complex analytical environments who share their best practices. How to sustain analytics capabilities in an organization features Daymond Ling, Senior Director, Modelling & Analytics (CIBC) on how organizations who want better performance and less problems can use data to their advantage.
Talk from Sjoerd Dijkstra about designing the ideal design process with your team and clients. This was the first UXU - UX Utrecht presentation in the App Annie office in Utrecht.
It is difficult to objectively evaluate if a company will be a winner or not. Interviews, financial analysis and business plans are not enough anymore to guarantee a successful investment.
The solution is to go from subjective to objective measures.
This report measures 2 key elements in a objective way:
- Scalability of the business.
- Ability to deliver innovation consistently.
This is based on a database of several thousand companies and 4 years of research. The results that follow are compared against this research database.
This SolidWorks World 2007 presentation from Paul Gimbel of Razorleaf Corporation focuses on preparing your company, your engineering design process, and your SolidWorks models for design automation.
Eric Ries, Author/Speaker/Consultant, The Lean Startup500 Startups
Presentation by Eric Ries (Author/Speaker/Consultant, The Lean Startup) at the 'Lean Startup, Lean Investor' event on November 3, 2010 (Produced by 500 Startups & Nokia/Nokia Growth Partners)
Business metrics are important for data-driven companies to make the right decisions to increase revenue, maximize profitability, and reduce risk. There are three main types of business metrics: revenue metrics, profitability metrics, and risk metrics. Revenue metrics are outward facing and measure marketing and sales effectiveness. Profitability metrics relate to operational efficiencies and reducing costs. Risk metrics track potential dangers to the company like cash flow and customer churn. Different types of companies should focus on the appropriate metrics, such as years to breakeven for startups or conversion rates for digital businesses.
Training Taster: Leading the way to become a data-driven organizationGoDataDriven
The document discusses becoming a data-driven organization. It provides an overview of the value chain of data science and an analytics maturity journey. The value chain of data science shows how data can be measured, optimized, used to generate predictions and insights, and ultimately create value. It emphasizes starting with the desired value and working backwards to the necessary data. The analytics maturity journey outlines four phases - initialization, continuous experimentation, enterprise empowerment, and data democratization - with different focuses at each stage to build analytical capabilities and business adoption of data and analytics. Key roles in a minimal viable data science team are also outlined.
2010 10 15 the lean startup at tech_hub londonEric Ries
The document discusses the key principles of the Lean Startup methodology for building startups under conditions of extreme uncertainty. It advocates for an approach of continuous experimentation through building minimum viable products, obtaining rapid customer feedback through metrics like split testing, and using this validated learning to iteratively pivot or evolve the product or business model. The goal is to minimize the time required to progress through the build-measure-learn feedback loop in order to increase the chances of success before running out of resources.
Seen differently, best practices are a race to an average. Maybe it's time to rethink your email strategy and challenge the status quo. Because, innovation happens when you try new things.
This document discusses how predictive analytics can improve operational decisions and business outcomes. It provides examples of how predictive models can be applied to decisions around customer retention, campaign response, risk assessment, and fraud detection. The key challenges are effectively deploying models and ensuring analytics lead to concrete business actions. Decision management systems aim to address this by separating decision-making processes from operations and creating a closed loop between analytics and measurable results. The document advocates starting with high-impact decisions, engaging both business and IT stakeholders, and moving rapidly from predictions to actions through decision management.
Ecofrico: Leading the Way in Sustainable Hemp BackpacksEcofrico
Explore Ecofrico's commitment to sustainability with our range of eco-friendly hemp backpacks. Discover how we combine ethical production, durable materials, and global reach to promote a greener future.
PROMOTING GREEN ENTREPRENEURSHIP AND ECO INNOVATION FOR SUSTAINABLE GROWTH.docxnehaneha293248
: This study investigates the multi-faceted relationship between entrepreneurship, innovation, and sustainability across countries at different development levels. We construct a novel dataset combining measures of entrepreneurial activity, innovation outputs, and sustainability performance indicators related to economic, social, and environmental dimensions.Using country-level panel regression analysis, we find that entrepreneurship rates and attitudes are positively associated with social sustainability factors like education, gender equality, and institutional quality. However, high entrepreneurship levels do not necessarily correlate with better environmental sustainability outcomes, suggesting entrepreneurs may prioritize economic objectives over environmental ones.The results for innovation are more mixed. Greater innovation output is linked to higher economic development, but also associated with both positive and negative sustainability factors. This implies that while innovations drive economic progress, they may come with environmental costs without complementary policies. The findings suggest that entrepreneurship supports social sustainability, but pursuing entrepreneurship and innovation alone is insufficient for achieving environmental sustainability goals. We discuss policy implications, including strengthening education and skills, improving access to financing for sustainable ventures, incentivizing green innovation, and developing sustainability reporting standards. By aligning entrepreneurship and innovation with sustainability priorities, policymakers can harness these dynamic forces to create more sustainable, inclusive, and resilient economies.
3. Analytics is the measurement of
movement toward your business goals
IEm Solutions
4. Qualitative and Quantitative
Vanity and actionable
Exploratory and reporting
Leading versus lagging metrics
Correlated versus causal metrics
IEm Solutions
5. Comparative over time , over a baseline
Understandable
Ratios and rates
Improves the accuracy of your predictions
Your behavior changes when it does
IEm Solutions
6. Answers the most important question you
have
Forces you to draw a line in the sand
Focuses the entire company
Inspires a culture of experimentation
IEm Solutions
7. Mobile Apps
IEm Solutions
E-Commerce
Two sided
marketplace
Content
Generation
Cloud Software
Medical /
Healtcare
10. Metric – What to improve
IEm Solutions
Hypothesis
Experiment
Measure and deicide
11. It answers the most important question you
have.
It forces you to draw a line in the sand.
It focuses the entire company.
It inspires a culture of experimentation.
IEm Solutions
Editor's Notes
Introduction
Metrics and Analytics are connected.
Lean is a great way to build businesses. And analytics ensures that you’ll
collect and analyze data. Both fundamentally transform how you think
about starting and growing a company. Both are more than processes—
they’re mindsets. Lean, analytical thinking is about asking the right
questions, and focusing on the one key metric that will produce the change
you’re after.
WE are all familiar with the lean methodology and using it. Using data as part og the cycle to measure learn from to build your idea is idea methodology for a startup.
In a startup the purpose of analytics is to iterate to product/market fit before the money runs out.
Qualitative versus quantitative metrics
Qualitative metrics are unstructured, anecdotal, revealing, and hard
to aggregate; quantitative metrics involve numbers and statistics, and
provide hard numbers but less insight.
Vanity versus actionable metrics
Vanity metrics might make you feel good, but they don’t change how
you act. Actionable metrics change your behavior by helping you pick
a course of action.
Exploratory versus reporting metrics
Exploratory metrics are speculative and try to find unknown insights
to give you the upper hand, while reporting metrics keep you abreast of
normal, managerial, day-to-day operations.
Leading versus lagging metrics
Leading metrics give you a predictive understanding of the future; lag-
ging metrics explain the past. Leading metrics are better because you
still have time to act on them—the horse hasn’t left the barn yet.
Correlated versus causal metrics
If two metrics change together, they’re correlated, but if one metric
causes another metric to change, they’re causal. If you find a causal
relationship between something you want (like revenue) and something
you can control (like which ad you show), then you can change the
future.
A good metric is comparative. Being able to compare a metric to other
time periods, groups of users, or competitors helps you understand which
way things are moving. “Increased conversion from last week” is more
meaningful than “2% conversion.”
A good metric is understandable. If people can’t remember it and discuss it,
it’s much harder to turn a change in the data into a change in the culture.
A good metric is a ratio or a rate. Accountants and financial analysts have
several ratios they look at to understand, at a glance, the fundamental
health of a company.* You need some, too.
There are several reasons ratios tend to be the best metrics:
• Ratios are easier to act on. Think about driving a car. Distance travelled
is informational. But speed—distance per hour—is something you can
act on, because it tells you about your current state, and whether you
need to go faster or slower to get to your destination on time.
• Ratios are inherently comparative. If you compare a daily metric to
the same metric over a month, you’ll see whether you’re looking at a
sudden spike or a long-term trend. In a car, speed is one metric, but
speed right now over average speed this hour shows you a lot about
whether you’re accelerating or slowing down.
• Ratios are also good for comparing factors that are somehow opposed,
or for which there’s an inherent tension. In a car, this might be distance
covered divided by traffic tickets. The faster you drive, the more
distance you cover—but the more tickets you get. This ratio might
suggest whether or not you should be breaking the speed limit.
Leaving our car analogy for a moment, consider a startup with free and
paid versions of its software. The company has a choice to make: offer a
rich set of features for free to acquire new users, or reserve those features
for paying customers, so they will spend money to unlock them. Having a
full-featured free product might reduce sales, but having a crippled product
might reduce new users. You need a metric that combines the two, so you
can understand how changes affect overall health. Otherwise, you might
do something that increases sales revenue at the expense of growth.
A good metric changes the way you behave. This is by far the most
important criterion for a metric: what will you do differently based on
changes in the metric?
• “Accounting” metrics like daily sales revenue, when entered into your
spreadsheet, need to make your predictions more accurate. These
metrics form the basis of Lean Startup’s innovation accounting,
showing you how close you are to an ideal model and whether your
actual results are converging on your business plan.
“Experimental” metrics, like the results of a test, help you to optimize the
product, pricing, or market. Changes in these metrics will significantly
change your behavior. Agree on what that change will be before you
collect the data: if the pink website generates more revenue than the
alternative, you’re going pink; if more than half your respondents say
they won’t pay for a feature, don’t build it; if your curated MVP doesn’t
increase order size by 30%, try something else.
Drawing a line in the sand is a great way to enforce a disciplined approach.
A good metric changes the way you behave precisely because it’s aligned
to your goals of keeping users, encouraging word of mouth, acquiring
customers efficiently, or generating revenue.
It’s vital to know if you’re focused on loyalty or acquisition. This drives
your whole marketing strategy and many of the features you build.
• Searches, both off- and on-site, are an increasingly common way of
finding something for purchase.
• While conversion rates, repeat purchases, and transaction sizes are
important, the ultimate metric is the product of the three of them:
revenue per customer.
• Don’t overlook real-world considerations like shipping, warehouse
logistics, and inventory
Saas
In SaaS, churn is everything. If you can build a group of loyal users
faster than they erode, you’ll thrive.
• You need to measure user engagement long before the users become
customers, and measure customer activity long before they vanish, to
stay ahead of the game.
Saas shares a lot with Mobile.
First, you need empathy. You need to get inside your target market’s
head and be sure you’re solving a problem people care about in a
way someone will pay for. That means getting out of the building,
interviewing people, and running surveys.
Second, you need stickiness, which comes from a good product. You
need to find out if you can build a solution to the problem you’ve
discovered. There’s no point in promoting something awful if your
visitors will bounce right off it in disgust. Companies like Color that
attempted to scale prematurely, without having proven stickiness,
haven’t fared well.
3. Third, you need virality. Once you’ve got a product or service that’s
sticky, it’s time to use word of mouth. That way, you’ll test out your
acquisition and onboarding processes on new visitors who are motivated
to try you, because you have an implied endorsement from an existing
user. Virality is also a force multiplier for paid promotion, so you want
to get it right before you start spending money on customer acquisition
through inorganic methods like advertising.
4. Fourth, you need revenue. You’ll want to monetize things at this
point. That doesn’t mean you haven’t already been charging—for
many businesses, even the first customer has to pay. It just means that
earlier on, you’re less focused on revenue than on growth. You’re giving
away free trials, free drinks, or free copies. Now you’re focused on
maximizing and optimizing revenue.
5. Fifth, you need scale. With revenues coming in, it’s time to move from
growing your business to growing your market. You need to acquire
more customers from new verticals and geographies. You can invest
in channels and distribution to help grow your user base, since direct
interaction with individual customers is less critical—you’re past
product/market fit and you’re analyzing things quantitatively.
For technology business that runs on internet web analytics and cloud analytics tools are used. Google and yahoo have their free tools . The deeper digital insights you have, the better understanding you have of your customer. Once you have artuculated your goals and strategies you can identify who is the competition and as a small business need to keep tabs on them. Small business you will feel the competition more quickly
Than large ones. The investors would like to know if you understand yor competition. The most complete application for measuring impact, engagement and influence on your Twitter usage, Twitalyzer is a free analytics dashboard with detailed metrics. the social media sites that best serve your purposes
This first step involves choosing one aspect of your business you would like to improve (or, in the creators’ words, One Metric That Matters) and tying it to a certain KPI, in order to ensure a correct measuring process. While this step might work perfectly well with small start-ups, it can be problematic for middle-sized and large companies, where there are too many aspects to tackle.
Inspiration and creativity come into play now: you have to provide a viable solution for the business objective identified in the first step.
Decide who you are appealing to, what exactly you want them to do, and why they would listen to you. When these three variables are clear, design your experiment to test your hypothesis.
An expected final step consists of evaluating the results of your experiment. The process is simple: if it proved successful, implement the changes, and if not, learn from your mistakes.
It answers the most important question you have. At any given time,
you’ll be trying to answer a hundred different questions and juggling a
million things. You need to identify the riskiest areas of your business
as quickly as possible, and that’s where the most important question
lies. When you know what the right question is, you’ll know what
metric to track in order to answer that question. That’s the OMTM.
• It forces you to draw a line in the sand and have clear goals. After
you’ve identified the key problem on which you want to focus, you need
to set goals. You need a way of defining success.
• It focuses the entire company. Avinash Kaushik has a name for trying
to report too many things: data puking.* Nobody likes puke. Use
the OMTM as a way of focusing your entire company. Display your
OMTM prominently through web dashboards, on TV screens, or in
regular emails.
• It inspires a culture of experimentation. By now you should appreciate
the importance of experimentation. It’s critical to move through the
build→measure→learn cycle as quickly and as frequently as possible.
To succeed at that, you need to actively encourage experimentation.
It will lead to small-f failures, but you can’t punish that. Quite the
opposite: failure that comes from planned, methodical testing is simply
how you learn. It moves things forward in the end. It’s how you avoid
big-F Failure. Everyone in your organization should be inspired and
encouraged to experiment. When everyone rallies around the OMTM
and is given the opportunity to experiment independently to improve
it, it’s a powerful force.