Occam's Razor

DECEMBER 12, 2011

I am going to attempt to significantly simply your life by recommending the critical few metrics you should use to analyze performance of your digital marketing campaigns and website. Recommend metrics / KPIs you can use based on the size of your company. Best Metrics / KPIs for Small Business Websites. Obsess about this metric.

Metrics 153

Metrics Key Performance Indicator Measurement Optimization 153

Occam's Razor

MAY 19, 2014

But the problem is that single golden metrics hide valuable insights and, more often than not, drive bad behavior. Here's my proposal: If you are pushed to have a single golden metric, give it a partner. The BFF metric you find should not be one that is very far away. So, great metric. Honestly, who can blame them.

Metrics 160

Metrics Key Performance Indicator Analytics Marketing 160

Occam's Razor

AUGUST 11, 2015

Standard reports stink. Custom reports rock! Why would a report created for everyone work for the special someone that you are? Custom reports allow you to deeply focus (by eliminating the rif-raf metrics and dimensions, they save time and show just what you want). Key Metrics: Map Overlay Visualization.

Reporting 159

Reporting Analytics Metrics Key Performance Indicator 159

CIO Business Intelligence

MAY 5, 2022

There comes a time in the professional life of most CIOs when they — you — need to bring in a consultant. Having spent time on both sides of the CIO/consultant relationship I can say, with confidence, that a lot of CIOs don’t know how to best work with us. Consultant selection: Who to avoid. Not a contractor.

Consulting 128

Consulting Measurement Metrics Reporting 128

Occam's Razor

APRIL 19, 2010

"What is the difference between a metric and a key performance indicator (KPI)?" " "Are goals metrics?" There seems to be genuine confusion about the simplest, most foundational, parts of web metrics / analytics. Metric: A metric is a number. But not normal metrics. Dimensions.

Metrics 140

Metrics Key Performance Indicator KPI Business Objectives 140

Occam's Razor

AUGUST 11, 2014

Each shows a unique facet of digital performance, and I've attempted to choose the best dimensions and, for those dimensions, the best possible metrics. I've done the hard work on your behalf to pick the dimensions and critical few metrics that will illuminate your complete business performance. I suppose that is a bonus. :).

Metrics 148

Metrics Dashboards Key Performance Indicator B2B 148

DataKitchen

NOVEMBER 27, 2024

For example, metrics like the percentage of missing values help measure completeness, while deviations from authoritative sources gauge accuracy. These metrics are typically visualized through tools such as heatmaps, pie charts, or bar graphs, making it easy for stakeholders to understand compliance levels across different dimensions.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

CIO Business Intelligence

SEPTEMBER 24, 2024

I say “lowly” because the IT function I was responsible for was one of those absolutely essential but utterly thankless IT responsibilities where the “ invisibility index ” is the key success metric. Which is why the CIO brought in a team of high-profile consultants to assess the situation. Not that this mattered.

Consulting 116

Consulting IT Metrics Management 116

datapine

NOVEMBER 15, 2022

1) What Are Product Metrics? 2) Types Of Product Metrics. 3) Product Metrics Examples You Can Use. 4) Product Metrics Framework. The right product performance metrics will give you invaluable insights into its health, strength and weaknesses, potential issues or bottlenecks, and let you improve it greatly.

Metrics 141

Metrics KPI Measurement Dashboards 141

Occam's Razor

APRIL 4, 2011

What's the difference between web reporting and web analysis? So here I what I actually said: If you see a data puke then you know you are looking at the result of web reporting, even if it is called a dashboard. When you look to check if you are looking at analysis or reporting look for Insights , Actions , Impact on Company.

Reporting 128

Reporting Metrics Dashboards Statistics 128

Occam's Razor

SEPTEMBER 29, 2009

Remember: Engagement is not a metric, its an excuse. ]. The ideal metrics for this desired outcome are Visitor Loyalty & Visitor Recency. The data in the above report shows how frequently during a time period do the website's visitors visit the website. All well and good. Here is the minor problem. 7 Best Practices ].

Measurement 130

Measurement Metrics Analytics Marketing 130

datapine

MARCH 22, 2019

Read here how these metrics can drive your customers’ satisfaction up! Customer satisfaction metrics evaluate how the products or services supplied by a company meet or surpass a customer’s expectations. Exclusive Bonus Content: Get our short guide to CES and NPS! Analyze gathered data: This step should be clear.

Metrics 134

Metrics Dashboards Measurement Interactive 134

CIO Business Intelligence

SEPTEMBER 20, 2024

IT leaders face many challenging tasks, but few are more daunting than engaging with a direct report who has, in one way or another, become unreliable or neglectful. There are various reasons why a manager or executive may need to have a frank conversation with a direct report, says Orla Daly, CIO at training services provider Skillsoft.

Reporting 128

Reporting Business Objectives Consulting Manufacturing 128

CIO Business Intelligence

JULY 10, 2024

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 102

Reporting KPI Metrics Software 102

Occam's Razor

OCTOBER 4, 2010

Ask a famous blogger, a published author, a random twitterer or your mom how to succeed in web analytics, or how not to be a Reporting Squirrel. Part of it is the case that we don't often understand the difference between a business question and a report request. Even for experienced Analysts / Consultants.

Reporting 119

Reporting Metrics Sales Strategy 119

Occam's Razor

AUGUST 28, 2006

How many metrics can you call adorable? Site abandonment rate is an adorable metric, to me : ), for these reasons: Money, money, money baby. IMHO there isn't a metric out there that can tell you a lot so quickly and any improvement you make to it will directly and immediately impact the bottom-line. My hypothesis is that.

Metrics 98

Metrics Analytics Measurement Testing 98

Cloudera

JULY 21, 2022

Cloudera has partnered with Rill Data, an expert in metrics at any scale, as Cloudera’s preferred ISV partner to provide technical expertise and support services for Apache Druid customers. Deploying metrics shouldn’t be so hard. Intuitive metrics, simple design. Co-author: Mike Godwin, Head of Marketing, Rill Data.

Metrics 92

Metrics Slice and Dice Data Warehouse Dashboards 92

datapine

OCTOBER 30, 2019

Historically, the terms data report or business report haven’t got the crowds excited. Data reports have always been important for businesses. However, they have been a necessary evil, created by analysts and consultants. The rise of innovative report tools means you can create data reports people love to read.

Reporting 127

Reporting Visualization Dashboards KPI 127

datapine

APRIL 23, 2019

In today’s business world, competition is fierce across all industries and sectors, which means that to survive and thrive, working with measurable online data analysis and performance metrics is essential. Working with service desk metrics and KPI reports will help you make the improvements you need for continual growth and success.

KPI 169

KPI Key Performance Indicator Metrics Snapshot 169

Occam's Razor

JANUARY 7, 2014

Consulting. Second… well there is no second, it is all about the big action and getting a big impact on your bottom-line from your big investment in analytics processes, consulting, people and tools. 12: Almost all reporting is off custom reports. #11: 12: Almost all reporting is off custom reports. #11:

Data-driven 142

Data-driven Consulting Reporting Marketing 142

O'Reilly on Data

OCTOBER 13, 2020

To support verification in these areas, a product manager must first ensure that the AI system is capable of reporting back to the product team about its performance and usefulness over time. The simplest case of model monitoring is to compute key performance metrics (related to both model fit and inference accuracy) regularly.

Management 250

Management Metrics Machine Learning Modeling 250

Occam's Razor

FEBRUARY 6, 2018

Your recent audit of the output of your analytics organization found that 160 analytics reports are delivered every month. Your digital performance dashboard has 16 metrics along 9 dimensions, and you know that the font-size 6 text and sparkline sized charts make them incomprehensible. Focus only on KPIs, eliminate metrics.

Strategy 266

Strategy Metrics KPI Dashboards 266

CIO Business Intelligence

JULY 9, 2024

Taking a skills-based approach In its report, Deloitte points to Ikea, which implemented an AI customer service bot called Billie. There’ll be a shift in measuring performance metrics, and traditional metrics, such as hours worked or revenue per employee, will no longer be relevant.

Metrics 139

Metrics Measurement Consulting Technology 139

CIO Business Intelligence

APRIL 5, 2023

IT is no longer perceived as a cost factor or a pure support function at many organizations, according to management consultancy 4C Group’s Markus Matschi. According to the study, IT departments today primarily use technical and IT-related metrics. And the digitization push during the pandemic accelerated this.

Measurement 133

Measurement IT Metrics Consulting 133

datapine

MAY 11, 2022

Due to the way the human brain processes information, presenting insights in charts or graphs to visualize significant amounts of complex data is more accessible than relying on spreadsheets or reports. Boosts engagement: Generating reports has been a tedious and time-consuming task since businesses and analytics came together.

Visualization 252

Visualization Dashboards Key Performance Indicator Sales 252

Occam's Razor

AUGUST 13, 2012

That means: All of these metrics are off. What report would you want to see on conversion attribution that would help you decide where to spend?? A lot of people buy tools and consulting and go love crazy with attribution modeling. If you really want help here, hire a very very good business (not analytics) consultant.

Modeling 125

Modeling Metrics Data Quality Data-driven 125

Occam's Razor

AUGUST 22, 2011

" ~ Web Metrics: "What is a KPI? " + Standard Metrics Revisited Series. "Engagement" Is Not A Metric, It's An Excuse. Defining a "Master Metric", + a Framework to Gain a Competitive Advantage in Web Analytics. Delibrate Your Data, Dig Into Your Data, Reimagine Content Reporting.

KPI 125

KPI Metrics Measurement ROI 125

CIO Business Intelligence

MARCH 16, 2022

Leaders tend to focus on the vision of the future state, and project teams tend to focus on sharing their new great idea,” says Matt Mead, CTO at SPR Consulting. To that end, his technology organization is hyper-focused on measuring and reporting on its performance. Metrics are mandatory. “If But make sure not to overdo it. “An

Management 143

Management Measurement Metrics Consulting 143

BizAcuity

NOVEMBER 13, 2024

BI consulting services play a central role in this shift, equipping businesses with the frameworks and tools to extract true value from their data. As businesses increasingly rely on data for competitive advantage, understanding how business intelligence consulting services foster data-driven decisions is essential for sustainable growth.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

Occam's Razor

JANUARY 12, 2015

At the core of everything you will do in digital analytics is the concept of metrics. How do you define a metric: It is simply a number. Your digital analytics tools are full of metrics. Helpful post: Best Metrics For Digital Marketing: Rock Your Own And Rent Strategies.]. Now you have your foundation, metrics and KPIs.

Analytics 151

Analytics Slice and Dice KPI Metrics 151

datapine

MARCH 31, 2022

For this purpose, you should be able to differentiate between various charts and report types as well as understand when and how to use them to benefit the BI process. Getting an entry-level position at a consulting firm is also a great idea – the big ones include IBM, Accenture, Deloitte, KPMG, and Ernst and Young. BI consultant.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

DataKitchen

JANUARY 3, 2022

For example, teams working under the VP/Directors of Data Analytics may be tasked with accessing data, building databases, integrating data, and producing reports. Business analysts sometimes perform data science, but usually, they integrate and visualize data and create reports and dashboards from data supplied by other groups.

Business Analytics 245

Business Analytics Analytics Testing Dashboards 245

Occam's Razor

MARCH 23, 2010

Part of it fueled by some Consultants. Because every tool uses its own sweet metrics definitions, cookie rules, session start and end rules and so much more. When it comes to proving which campaigns are better and which numbers to report to the management what will you do? Part of it fueled by Vendors. What a competitive bunch!

Analytics 119

Analytics Consulting Metrics Experimentation 119

Jet Global

MARCH 11, 2020

Yet there is a stumbling block that hinders finance managers: reporting. Financial users are under constant pressure to create a myriad of reports, from the typical period finance reports such as income statements, balance sheets, P&L, etc., 5 Things Not to do When Choosing a Reporting Tool. View Guide Now.

Reporting 72

Reporting Management Finance Insurance 72

Jet Global

JANUARY 17, 2020

” That’s a quote from a recent Gartner report underscoring the critical importance of data for today’s companies. Adding further emphasis, the report goes on to predict that by 2022, 90 percent of corporate strategies will classify data as a critical asset and list analytics among the core competencies.

Reporting 75

Reporting Visualization Consulting Digital Transformation 75

Juice Analytics

JUNE 2, 2022

Reporting is more than a feature of your product, it is an opportunity to remind customers of the value your solution provides. For example, Spotify’s Wrapped is an annual report sent to listeners to summarized their music habits. But what if Hubspot’s reporting had more ambitious goals than a simple data access interface?

Broadcasting 138

Broadcasting Visualization Reporting Metrics 138

Occam's Razor

APRIL 30, 2008

Know the difference between a Reporting Squirrel and a Analysis Ninja? This is not a dashboard, it is the result of a massive sum of money paid to a Consultant who is trying to impress you with his / her excel skills – without actually telling you anything. metrics that define success for the whole business.

Dashboards 113

Dashboards Metrics KPI Consulting 113