Actionable insights - is it just a catch phrase? Or does it represent something much bigger for your business? Here’s the definition you’ve been searching for.
--
Read the full blog post here: https://thekinigroup.com/actionable-insights/
--
Does the term “actionable insights” feel like a business buzzword to you? It does to most.
Often, only big data and data science nerds really understand what it means and the power it illustrates.
1. They are borne from the partnership between conscientious reporting and focused analysis.
2. They drive action which leads to results.
Seems simple, right? Unfortunately, many still trip over the details. Here’s how to navigate around the tricky parts.
Part One: Partnership Between Reporting and Analysis
No, they’re not the same process. They are completely different processes.
Actionable insights are found when reports trigger questions and analysis answers them.
The key to effectively set up a partnership between analysis and reporting: Goal Identification
Your Findings Must Truly Be Actionable
If your insights don’t allow you to take action, they don’t carry much weight. 96% of major corporations admit they could be making better use of their data (KPMG). Don’t be one of them.
Effectiveness is crucial to uncovering an actionable insight as well. Take the shortest route to an actionable insight by starting with clean and organized data and clearly-identified KPIs.
And you don’t have to wait for the IT team anymore to get started. As analytics become much easier for companies to deploy, they require significantly less help from the IT team.
KiniMetrix delivers accessibility to the actionable insights and answers companies need to drive margin and business growth.
2. insights from
2
Does the term “actionable insights” feel like a
business buzzword to you?
It does to most.
Often, only big data and data science nerds
really understand what it means and the power
it illustrates.
Actionable Insights:
Why the True Definition Matters
3. insights from
3
1. They are borne from the partnership
between conscientious reporting and
focused analysis.
2. They drive action which leads to results.
Actionable Insights:
Why the True Definition Matters
Actionable insights have two main
characteristics:
4. insights from
4
Seems simple, right?
Unfortunately, many still
trip over the details.
Here’s how to navigate
around the tricky parts.
Actionable Insights:
Why the True Definition Matters
7. insights from
7
They are completely different processes.
Actionable insights are found when reports
trigger questions and analysis answers them.
Actionable Insights:
Why the True Definition Matters
8. insights from
8
The key to effectively set up a partnership between
analysis and reporting:
Goal Identification
Actionable Insights:
Why the True Definition Matters
10. insights from
1
0
If your insights don’t allow you to take action,
they don’t carry much weight.
96% of major corporations admit they could be
making better use of their data (KPMG).
Don’t be one of them.
Actionable Insights:
Why the True Definition Matters
11. insights from
1
1
Effectiveness is crucial to uncovering
an actionable insight as well.
Take the shortest route to an actionable insight
by starting with clean and organized data
and clearly-identified KPIs.
Actionable Insights:
Why the True Definition Matters
12. insights from
1
2
And you don’t have to wait for the IT team
anymore to get started.
As analytics become much easier for companies
to deploy, they require
significantly less help from the IT team.
Actionable Insights:
Why the True Definition Matters
13. insights from
1
3
Skip Over the Hype and Get to the Benefit
KiniMetrix delivers accessibility to the
actionable insights and answers companies
need to drive margin and business growth.
Click here to see how KiniMetrix
can do this for you.
Actionable Insights:
Why the True Definition Matters