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There are an infinite number of questions you could ask about any business. How many actually provide the answers you need, in a way you can easily understand? The answer is 20. Obviously, there may be more and there may be less. If you can easy answer these questions, you will have a great understanding of how your business is operating.
One thing to note, these questions are roughly broken into three categories. First, companies (or profit centers) who are not yet profitable. The second group represents most companies. You are making a profit, but it fluctuates from period to period or is starting to reliably grow. The final group represents companies who are in the enviable position to be able to consider significant expansion and investment in new opportunities. If you are currently creating metrics, reports, and dashboards, how many of these questions are you answering? It might be time to reassess the value of your current reporting. In my experience, we develop the metrics we can derive from the data we can easily access not the metrics that reflect the value we bring to our customers. Can you quickly answer and act on these 20 questions? For a new company or profit center:
For a growing company or profit center:
For an established company or profit center:
How did you score? I'm going to guess poorly. If you are not an executive in the company, or your company has adopted an "open book" policy, the answers to most of these questions are hidden. Feel free to share these with the Executives you know and have them reach out to me for additional questions.
I had the opportunity to talk with Scott Hirleman at Data Mesh Radio. We discussed identifying potential domain data team members and leveling up their skills by starting them out, building, and using an exploratory data platform.
We discussed some of the broad features of the platform and if you would like a full walkthrough, look at the recorded demo.
This week I had the opportunity to talk with Bob Haffner about Data Engineering for Data Discovery. Give it a listen and subscribe to his podcast / YouTube channel.
Sit back with your favorite snack -- It's a long one!
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| Conway's Law asserts that organizations are constrained to produce application designs which are copies of their communication structures. This often leads to unintended friction points. The 'Inverse Conway Maneuver' recommends evolving your team and organizational structure to promote your desired architecture. Ideally, your technology architecture will display isomorphism with your business architecture. [1] |
Like application developers went from front end, back end, UX, testing, and production support roles to DevOps and full-stack developer roles, the traditional data roles of business analyst, ETL developer, data modeler, and production support can be transitioned into data engineering and analytics engineering roles.
There is nothing I find more exciting than finding a small team who has build something great for their customers without the official blessing of some corporate team. Unfortunately, rolling it out to the larger company can be a disaster.
Continued from - Part 1
Previously published October, 21 2015
There are currently ten top contenders for the most important technologies leading businesses are using to provide a competitive edge. All of these evolved from the need to creatively solve the significant issues faced by small teams trying to quickly deliver great products. Summarized simply as: "How do we build and deliver a product customers love and are willing to pay for as quickly as possible?"
Previously published October, 21 2015
There are currently ten top contenders for the most important technologies leading businesses are using to provide a competitive edge. All of these evolved from the need to creatively solve the significant issues faced by small teams trying to quickly deliver great products. Summarized simply as: "How do we build and deliver a product customers love and are willing to pay for as quickly as possible?"
Brian McMillan
Sweating the details and still looking at the big picture.
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