The first step in developing Data skill

 

 

As we have discussed developing the data skill, one aspect is to avoid the tendency of bias toward your opinion on the data. The second aspect is to be aware of what you want from the data.

By nature, some data is registered in the system every second or every transaction.

For example, consider any equipment in your organization. Every second, it gives us data like the energy spent, cycle time, idleness for various reasons, and many such data.

Similarly, consider your product or service, or customer. Much data is being generated in every transaction like volume, value, complaints, quality or service feedback, etc. 

What do you want from those data? 

When you want to improve your data skill, the first step required is CLARITY on what you want to solve from the data. What data do you want from the pool of data mine, and how will it help solve the problem?
 
How will this clarity help you?

As a manager/leader, if you know what you want to solve or what information you want, you can design your FORMAT, TEMPLATE, or FILTER the unwanted data.
 
Today the problem is not on the data availability; As Managers/leaders, we need to learn to ask the right questions about the correct data required to solve the problem.
 
In one organization, i observed that the team spent resources like software and human resources to capture the plant data, organize and send the report to all. Still, the organization struggled to know the exact reason for delivery failure. The reason i found was that the leaders/managers were focusing more on technology on capturing the data and engaged in the data storage and retrieval process than on finding the right question on which data or insight they have to look for to solve the business delivery problems.
 
The point is that technology is an enabler, and it is the managers/ leaders who need to know how to use the technology to filter out the RIGHT data for solving the functional or business problem.

Clarity on what you want from the data pool or what data is essential from the gold mine will help improve the data skill of the practicing managers/leaders.

Have a great week ahead.