In this episode, Brick and Caleb discuss how to demonstrate the value and return on investment (ROI) of data initiatives. They explore practical ways to quantify ROI, from automating manual effort to improving decision-making processes. Brick and Caleb also share real-world examples including the impact of increasing employee utilization on a company's bottom line.
They discuss the importance of measuring performance before and after the implementation of data projects, the potential pitfalls of "over reporting", and the power of simplicity in data analytics.
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Blue Margin increases enterprise value for PE-backed, mid-market companies by serving as their fractional data team. We advise on, build, and manage data platforms. Our strategy, proven with over 300 companies to-date, expands multiples through data transformation, as presented in our book, The Dashboard Effect.
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11/15/23 • 12 min
The Dashboard Effect - How to Measure Success and Demonstrate ROI of Data Projects
Transcript
Welcome to the Dashboard Effect podcast. I'm Brick Thompson.
Caleb OchsI'm Caleb Ochs.
Brick ThompsonHi Caleb. Did you have something you want to say?
Caleb OchsAbout the resources on our website? Check it out- we have good stuff. White Papers, downloads, you can see our pictures. We're on there. You can find
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