Monday 27 June 2022

Developing data skill-finding a Pattern



 

As we have discussed in developing the data skills, the first step is to clarify what data we want; the second step is to look for patterns.
 
What is meant by pattern?

The pattern is something that is repetitive and follows a rule.
 
For example,

You are commuting from home to the office daily…If you plot your arrival data to the office, you can see some patterns like arriving in the office on time with a variation of + / - 5 min or some other patterns.
 
Likewise, if you consider your product variety and volume, you may observe a pattern that a specific product set contributes to high volume.
 
If you have many customers for your products/ service, you may observe a pattern that only a few customers contribute to sales growth, or you may find a pattern that a few customers give you troubles like non-payment on time, complaints, etc.

If you have many reporteees, you may observe a pattern that very few people are consistent in delivery and relationship, and others are mediocre and low performers.
 
The key insight we need to learn is that in any situation or in any set of data for a longer time duration, you can find a pattern…The pattern will never change until we make some improvements or disturbances to the situation.…

How will this insight help you?
  •  You will realize that any complexity of a situation or data can be made simple if you find a pattern and take action on it.
  • Finding a pattern in any situation or data will help you remove the noises or non-repetitive instances from the population, and you can progress towards the next step in solving the problem.
How can we develop the skill of finding data in any situation or data set?

By breaking the complex project or data set into multiple small  GROUPS, you can find a pattern. By practicing with many situations, you eventually get to see patterns in any complex case..Anyone can learn this skill...

Have a great week ahead.
 

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