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Crea%ng	
  a	
  
Data-­‐Driven	
  
Business	
  
David	
  Cancel	
  -­‐	
  @dcancel	
  
“In	
  God	
  we	
  trust;	
  all	
  
others	
  must	
  bring	
  data.”	
  	
  
             -­‐	
  W.	
  Edwards	
  Deming	
  
Hi,	
  I’m	
  @dcancel	
  
I’m	
  a	
  data	
  geek	
  
Before	
  we	
  get	
  
  started…	
  
Talking,	
  Reading,	
  and	
  
Dreaming	
  are	
  Worthless.	
  
#JFDI	
  
  Just	
  Fucking	
  Do	
  It	
  
Data	
  alone	
  is	
  useless.	
  	
  
Op%mize	
  your	
  business	
  
 for	
  learning	
  not	
  data.	
  	
  
Use	
  data	
  to	
  validate	
  
 your	
  assump%ons.	
  	
  
Not	
  to	
  make	
  decisions	
  
             for	
  you.	
  	
  
Time	
  to	
  talk	
  data.	
  	
  
?	
  
Data-­‐driven	
  teams	
  
  are	
  stronger.	
  	
  
Shared	
  metrics	
  ==	
  clear	
  
    feedback	
  loop.	
  
A/B	
  Tes%ng	
  won’t	
  save	
  
       your	
  business.	
  
Remember	
  it’s	
  
 about	
  valida%ng	
  
your	
  assump%ons.	
  
Always	
  Be	
  Tes%ng.	
  
  Just	
  don’t	
  be	
  
     stupid.	
  
Hard	
  to	
  perform	
  
worse	
  than	
  the	
  
   average…	
  	
  
2%	
  
“The	
  average	
  conversion	
  rate	
  in	
  the	
  United	
  States	
  of	
  
  America	
  whether	
  you're	
  selling	
  elephants	
  or	
  iPods.”	
  
                   Avinash	
  Kaushik	
  -­‐	
  AnalyIcs	
  Evangelist,	
  Google	
  
#FAIL	
  
Data-­‐driven	
  teams	
  
  can	
  fail	
  faster.	
  	
  
Why	
  is	
  failing	
  
  good?	
  
“Angry	
  Birds	
  became	
  
an	
  overnight	
  success…
  aYer	
  51	
  failures.”	
  
            -­‐	
  Don	
  Dodge	
  
It	
  took	
  the	
  inventors	
  
 409	
  tries	
  to	
  get	
  the	
  
       formula	
  right.	
  
               -­‐	
  Wikipedia	
  
Guitar	
  Hero	
  a	
  10	
  year	
  
 overnight	
  success.	
  
Whoops!	
  Wrong	
  
  iRobot…	
  
iRobot	
  a	
  12	
  year	
  
overnight	
  success.	
  
Start	
  Today	
  
The	
  Opera%ng	
  
 Dashboard	
  
A	
  single	
  place	
  to	
  
 measure	
  your	
  
business	
  health.	
  
Company-­‐wide	
  
  dashboard	
  
All	
  ini%a%ves	
  
should	
  improve	
  
your	
  opera%ng	
  
    metrics.	
  
Conversion	
  Funnels	
  
Sales	
  funnels	
  	
  
  kick	
  ass.	
  
Daily	
  Sales	
  
Performance	
  
The	
  ul%mate	
  in	
  	
  
accountability.	
  
The	
  ul%mate	
  in	
  	
  
 transparency!	
  
Churn	
  Performance	
  
NPS	
  Surveys	
  –	
  
Internal	
  +	
  External	
  
Cohort	
  Analysis	
  
Without	
  a	
  cohort	
  
analysis	
  you	
  are	
  
  flying	
  blind	
  
Are	
  your	
  new	
  
customers	
  beger	
  
   or	
  worse?	
  
No	
  clue	
  un%l	
  
 you’ve	
  done	
  a	
  
cohort	
  analysis.	
  
What	
  really	
  magers?	
  
Happy Customers
Success	
  ==	
  Happy	
  
customers	
  and	
  a	
  
  happy	
  team.	
  
Thank	
  you	
  
  David	
  Cancel	
  

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