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DATA-TO-VALUE BUILDEROrange HillsTM
GmbH | www.orangehills.de | Follow us on Twitter: @orangehillsgmbh
Data
What internal and external data do we need
to create the defined information?
What information is required to a) derive the defined
insights or b) achieve the business objectives (directly)?
Information
What insights do we need to understand to achieve
the business objectives in the focus area?
InsightsBusiness objectives
Which business objectives do we want
to achieve with data?
Lean offerings
post-launch
Data can be used Qualify the data based
on availability and usability
Investment required
Too difficult to get
Focus
Which of the objectives are most important
for our business and we are confident enough about
what insights / information / data we need to know?
Confidence
Importance
Team DateIteration 1 2 3
What is the difference between
data, information and insights?
Data
Information
Insights
Business objective
...is ”raw”, unorganised and without
meaning on its own.
Example:
567 terminations
of service agreements
Example:
Annual churn rate is 20%
Industry benchmark is
30%
...is interpreted data with
contextual meaning.
Example:
Customer retention
strategy better than
average
...are conclusions derived from
information.
Ideation

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Data-To-Value Builder Template

  • 1. © 2017 Orange HillsTM GmbH. All rights reserved. DATA-TO-VALUE BUILDEROrange HillsTM GmbH | www.orangehills.de | Follow us on Twitter: @orangehillsgmbh Data What internal and external data do we need to create the defined information? What information is required to a) derive the defined insights or b) achieve the business objectives (directly)? Information What insights do we need to understand to achieve the business objectives in the focus area? InsightsBusiness objectives Which business objectives do we want to achieve with data? Lean offerings post-launch Data can be used Qualify the data based on availability and usability Investment required Too difficult to get Focus Which of the objectives are most important for our business and we are confident enough about what insights / information / data we need to know? Confidence Importance Team DateIteration 1 2 3 What is the difference between data, information and insights? Data Information Insights Business objective ...is ”raw”, unorganised and without meaning on its own. Example: 567 terminations of service agreements Example: Annual churn rate is 20% Industry benchmark is 30% ...is interpreted data with contextual meaning. Example: Customer retention strategy better than average ...are conclusions derived from information. Ideation