3 Things you must do to align your team towards data driven decision-making
Follow these three steps, to align your team to focus on higher margins and high profit.
Provide Ready to use Dashboard with actionable Direction
Everybody is scared of too much of information. This is the biggest block in creating a culture of data driven decision making.
Information should consume less time to understand, should be precise and actionable.
Culture of Data driven decision making
Start asking numbers. This shifts focus of entire team towards numbers instead guess works. This makes the stake holders to focus clearly on the goals and cut the unnecessary noise. You should also do an Alignment & Training Workshop with entire team.
“Data Driven Decisions”
“Double your Profits”
Fixed Monthly Review
Having a fixed day of review meeting every month, helps people align as they know that numbers will be discussed and will come prepared.
- Declare a Fixed day of the month for Monthly review meeting.
- Invite only key stake holders for review.
- Review the action taken on last month points by stake holders.
- Convert minutes into action points with responsibility.