That’s another problem — and I’ve heard about it so many, many times from Microsoft employees: Most every technology decision must be justified by some data point.
Google. Microsoft. Both have a data-driven cultures but one is functioning and one isn’t.
You could conclude from this that Google isĀ destined for the same-fate as Microsoft — analysis paralysis. It is only a matter of time. But I am keen to see if Google can overcome this problem. Instead of having a bun fight with metrics, I wonder if improved data-flow within teams — that ambient awareness you get from twitter — can mitigate this outcome.
I’ve been living the startup life and have come to terms with no longer being able to “comp last year”. It’s a game of grow, grow, grow, where sheer volume and customer headcount matter only slightly less than fussy old concepts like margin, and rather than comp last year by 2%, you’re aiming to be 2 orders of magnitude bigger by next year because there is no last year, and even if there was it’d be a sure sign of trouble if you could use last year to tell very much about what’s going on now.
A year after starting this blog (and a month into my new job) I’ve resolved to roll up my sleeves and learn how to deal with data.
Also, when my boss asked me for figures including median and standard deviation I got sweaty palms and goobered up my company iPhone.
So I bought a book; my usual stress response when confronted with my own ignorance. It’s an O’Reilly (my first, I think) from their “Head First” series, which seems to be geared towards impractically-educated people such as myself who are thumbing through night school course catalogues but not quite convinced that this subject is worth the scheduling commitment or risking entanglement in group assignments.
I worked through the first chapter last night (it was good, but you really do need a pencil handy). If I knock off 2 chapters every week I’ll be done before March.
The New York Times is featuring a rather empty article about data in retail whose thrust is basically more data = more opportunity. Uh yeah. The trend I am seeing with retailers — and my visibility here is more limited than it used to be — is an analytics or CRM vendor sells a retailer a data package that is tailored just enough for the purchase to make sense to the company’s executive but the package isn’t tailored enough to yield any intelligence to make better decisions. The mid-level users that need the intel are left saying WTF? That is an old management pattern but seeing it happen hurts my insides because the opportunity is really amazing but is being fumbled so badly. Creating a data-driven culture has to start with the analysts. Hopefully they know what to ask for.