Now the dust has settled and KeyOptions returns from its second Big Data World event, our team, Trac...
Now the dust has settled and KeyOptions returns from its second Big Data World event, our team, Tracey Monahan and Jevan Halley who represented us at the event, reflect on some key takeaways.
‘Businesses may feel that they are doing well, and more often than not, it’s the most senior person in the room that confidentially says that , however that may not be the truth of it,’ Tracey said.
In today’s rich world of data, the insight it can provide plays an incredibly important role in bringing into the organisation from ‘outside’ an accurate picture of how the business is performing, being perceived or what direction it is heading. This is the most reliable way the you should navigate the business by.’
‘It may be painful to hear for the first time, but if you are prepared to adopt to what the data insight is saying, and if you are prepared to change your business on the basis of that, then you’ll always be in business and able to measure all your activities to ensure continued success.’
Jevan Halley had some very interesting conversations around how a business can monitor its performance through the use data.
‘What I found particularly encouraging is to see how businesses are working with data to take a leadership role within their organisation, as data can often lead to conclusions which run counter to conventional thinking as Tracey has already mentioned’. Jevan said.
‘Having a data driven insight into your business is not enough – you actually have to do something about what you now know in order to effect change’ he said. ‘You have to change the organisation. And it does need different decision-making structures actually to respond to data. It’s got to be actionable or it’s of no value at all, and that takes leadership.’
Despite the heavy investment in technology KeyOptions makes, its not about the clever boxes but about the data output they provide. Both Tracey and Jevan are sure technology is just a tool, what matters in the end is the relationship between you and your client, and your ability to understand how their businesses are changing through the power of data.
‘Businesses may feel that they are doing well, and more often than not, it’s the most senior person in the room that confidentially says that , however that may not be the truth of it,’ Tracey said.
In today’s rich world of data, the insight it can provide plays an incredibly important role in bringing into the organisation from ‘outside’ an accurate picture of how the business is performing, being perceived or what direction it is heading. This is the most reliable way the you should navigate the business by.’
‘It may be painful to hear for the first time, but if you are prepared to adopt to what the data insight is saying, and if you are prepared to change your business on the basis of that, then you’ll always be in business and able to measure all your activities to ensure continued success.’
Jevan Halley had some very interesting conversations around how a business can monitor its performance through the use data.
‘What I found particularly encouraging is to see how businesses are working with data to take a leadership role within their organisation, as data can often lead to conclusions which run counter to conventional thinking as Tracey has already mentioned’. Jevan said.
‘Having a data driven insight into your business is not enough – you actually have to do something about what you now know in order to effect change’ he said. ‘You have to change the organisation. And it does need different decision-making structures actually to respond to data. It’s got to be actionable or it’s of no value at all, and that takes leadership.’
Despite the heavy investment in technology KeyOptions makes, its not about the clever boxes but about the data output they provide. Both Tracey and Jevan are sure technology is just a tool, what matters in the end is the relationship between you and your client, and your ability to understand how their businesses are changing through the power of data.