All in Thought Leadership

Do you ever find yourself working on a data-related project and wonder "What are we doing here?". While data-related endeavors can drive massive values, many of them are fairly directionless. Maybe there's a top-down mandate to "become more data-driven" without much thought about what that actually means.

We believe that the highest purpose of data analysis is to support informed experimentation. Creating dashboards with facts and figures is helpful, but it's really only the first step in the process.

Ready to learn about those additional steps and how you can drive value in your organization? Check out this video on the purpose of data analysis!

I was recently reading the book Principles by Ray Dalio (who founded one of the largest hedge funds in the world). He has an interesting mind and displayed a chart for visualizing data over time series, ranking values against each other. He mentioned that good thinkers are generally able to identify and visualize trends well. His chart looked something like this.

My wife and I recently purchased an older house. We are doing some remodeling ourselves and our first big project was removing the popcorn ceiling and replacing it with more modern looking texture. Multiple weeks later we are (maybe) half-finished with the project. My initial estimate is that the project would take us 3 days. How was I so off? How did I anticipate it might take 3-6 days of manpower (depending on number of people working) and it’s looking more likely to take 20+?