30 March 2020
Monday, March 30th
The Vizlib Monday Digest is a summary of recent articles about how data changes our lives. We’re sharing it with you to supercharge your week! (Feel free to share your comments!)
CEOs should lead their data culture. Business leaders that champion data analytics in their organisation go a long way to establishing a data culture. When the business also puts initiatives in place to foster broader data usage, like educational programmes and sharing the success of data-driven leaders, the compounded result can move the enterprise to a favourable competitive position. Read on in this Harvard Business Review article.
Keen to take your data skills to a new level (with a bit more time on your hands)? Check out our blog on the recommended data science books, training and skills to become a true data nerd.
Image credit: Goodreads
Scaling up industrial analytics. Production facilities that leverage data and analytics effectively are able to improve operational efficiency and drive profitability. To make this a reality, industrial business leaders can scale-up their analytics by ensuring data is understandable and available for all data users. If leaders can prove the initial value of data analytics tools and make more self-service solutions available, organisational-level data use will boom. Discover more in this Forbes article.
Take a look at how solutions like self-service analytics can drive user-adoption and deepen insights, in our blog.
The impact of embedded analytics, like self-service solutions
How to create a consumable ranking chart. Charts, like all data visualisation, should make your data talk. The visuals should lead your audience to the right insights and actions. Learn how to adjust your ranking charts so they communicate the story you want in this practical Towards Data Science blog.
Advancing marketing goals with big data analytics. Data analytics in marketing is a key tool for ensuring a smooth customer journey. Incorporating analytics in marketing strategies also facilitates dynamic pricing and the ability to measure ROI accurately. Read more about the benefits of data-driven marketing in this article.
If you’re interested in levelling-up your marketing analytics, here are a few tips to get started with data-driven marketing in our blog.
Lastly, some visual fun with FlowingData’s name guessing dataviz!
And finally our Quote of the day:
“In creating a data-driven culture, there’s no rest for the weary. We know of organizations that were hugely focused on data and analytics, but when the CEO champion left they drifted back to their old gut-based thinking and decision-making. From boards of directors to CEOs to analytics and AI leaders, everyone who believes in this focus should work to persuade others to adopt and maintain it.”
Thomas Davenport, President’s Distinguished Professor, Babson College. And Nitin Mittal, Principal, Deloitte Consulting.
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