Customer retention and customer satisfaction measure different things.
A satisfied customer can still leave.
A returning customer can still be unhappy.
One metric rarely tells the entire customer story.
#GoAnalytics #CustomerRetention #CustomerExperience
Customer retention and customer satisfaction measure different things.
A satisfied customer can still leave.
A returning customer can still be unhappy.
One metric rarely tells the entire customer story.
#GoAnalytics #CustomerRetention #CustomerExperience
Which customer would your company fight hardest to keep?
Now ask:
What does the data tell you about why that customer is so valuable?
#GoAnalytics #CustomerAnalytics #BusinessStrategy
Which customer would your company fight hardest to keep?
Now ask:
What does the data tell you about why that customer is so valuable?
#GoAnalytics #CustomerAnalytics #BusinessStrategy
Before adding another person, another meeting or another tool, identify what's actually causing the workload.
#GoAnalytics #Leadership #Operations #BusinessStrategy
Before adding another person, another meeting or another tool, identify what's actually causing the workload.
#GoAnalytics #Leadership #Operations #BusinessStrategy
A bottleneck determines how quickly an entire process can move.
Improving every other step may accomplish very little if the bottleneck remains.
Find the constraint first.
#AnalyticsFact #GoAnalytics #ProcessImprovement #OperationalExcellence
A bottleneck determines how quickly an entire process can move.
Improving every other step may accomplish very little if the bottleneck remains.
Find the constraint first.
#AnalyticsFact #GoAnalytics #ProcessImprovement #OperationalExcellence
What consumed the most time this week?
Now ask:
Did it create the most value?
Time is data too.
#GoAnalytics #Productivity #BusinessAnalytics #MichaelGrismore
What consumed the most time this week?
Now ask:
Did it create the most value?
Time is data too.
#GoAnalytics #Productivity #BusinessAnalytics #MichaelGrismore
Good data depends on honest information.
#GoAnalytics #Leadership #DataQuality #BusinessStrategy
Good data depends on honest information.
#GoAnalytics #Leadership #DataQuality #BusinessStrategy
Does your team bring you bad news early…or wait until it becomes impossible to hide?
A healthy organization doesn't punish people for identifying problems.
It creates an environment where problems can be addressed while they're still small.
#AnswerThis #GoAnalytics
Does your team bring you bad news early…or wait until it becomes impossible to hide?
A healthy organization doesn't punish people for identifying problems.
It creates an environment where problems can be addressed while they're still small.
#AnswerThis #GoAnalytics
What are we trying to understand?
What decision needs to be made?
What information would change that decision?
Start there.
#GoAnalytics #Analytics #DecisionMaking
What are we trying to understand?
What decision needs to be made?
What information would change that decision?
Start there.
#GoAnalytics #Analytics #DecisionMaking
"Who caused this?"
Start with:
"What changed?"
Better questions lead to better investigations.
#GoAnalytics #Leadership #BusinessIntelligence #MichaelGrismore
"Who caused this?"
Start with:
"What changed?"
Better questions lead to better investigations.
#GoAnalytics #Leadership #BusinessIntelligence #MichaelGrismore
Customer Lifetime Value looks beyond a single purchase.
It estimates the value of a customer relationship over time.
Sometimes keeping the right customer is more valuable than constantly finding a new one.
#CustomerLifetimeValue #GoAnalytics #CustomerAnalytics
Customer Lifetime Value looks beyond a single purchase.
It estimates the value of a customer relationship over time.
Sometimes keeping the right customer is more valuable than constantly finding a new one.
#CustomerLifetimeValue #GoAnalytics #CustomerAnalytics
Repeated missed deadlines are a pattern.
Patterns deserve analysis.
#GoAnalytics #PerformanceAnalytics #ProcessImprovement
Repeated missed deadlines are a pattern.
Patterns deserve analysis.
#GoAnalytics #PerformanceAnalytics #ProcessImprovement
It's the one that still works when something doesn't.
#GoAnalytics #Operations #Leadership #BusinessStrategy
It's the one that still works when something doesn't.
#GoAnalytics #Operations #Leadership #BusinessStrategy
Conversion rate tells you the percentage of people who completed a desired action.
But a higher conversion rate doesn't automatically mean higher revenue.
Always connect performance metrics to business outcomes.
#AnalyticsFact #GoAnalytics #BusinessGrowth
Conversion rate tells you the percentage of people who completed a desired action.
But a higher conversion rate doesn't automatically mean higher revenue.
Always connect performance metrics to business outcomes.
#AnalyticsFact #GoAnalytics #BusinessGrowth
That repeated question may reveal:
A communication problem.
A process problem.
A product problem.
Or an opportunity.
#GoAnalytics #CustomerExperience #BusinessAnalytics
That repeated question may reveal:
A communication problem.
A process problem.
A product problem.
Or an opportunity.
#GoAnalytics #CustomerExperience #BusinessAnalytics
Sometimes the problem isn't effort.
It's the system.
#GoAnalytics #OperationalExcellence #ProcessImprovement
Sometimes the problem isn't effort.
It's the system.
#GoAnalytics #OperationalExcellence #ProcessImprovement
A metric can improve while the overall customer experience gets worse.
That's why one number should rarely tell the entire story.
Look for supporting metrics before drawing conclusions.
#AnalyticsFact #GoAnalytics #CustomerAnalytics #BusinessIntelligence
A metric can improve while the overall customer experience gets worse.
That's why one number should rarely tell the entire story.
Look for supporting metrics before drawing conclusions.
#AnalyticsFact #GoAnalytics #CustomerAnalytics #BusinessIntelligence
Performance tells you what happened.
Strategy tells you whether it mattered.
#GoAnalytics #BusinessStrategy #Leadership #MichaelGrismore
Performance tells you what happened.
Strategy tells you whether it mattered.
#GoAnalytics #BusinessStrategy #Leadership #MichaelGrismore
Not twenty.
One.
Focus the analysis.
Find the insight.
Make the decision.
#GoAnalytics #Leadership #Analytics #MichaelGrismore
Not twenty.
One.
Focus the analysis.
Find the insight.
Make the decision.
#GoAnalytics #Leadership #Analytics #MichaelGrismore
Not twenty.
One.
Focus the analysis.
Find the insight.
Make the decision.
#GoAnalytics #Leadership #Analytics #MichaelGrismore
Not twenty.
One.
Focus the analysis.
Find the insight.
Make the decision.
#GoAnalytics #Leadership #Analytics #MichaelGrismore
Not all customer churn looks the same.
Some customers actively cancel.
Others simply stop buying.
If you're only tracking cancellations, part of the story may be missing.
#AnalyticsFact #CustomerRetention #GoAnalytics #CustomerAnalytics
Not all customer churn looks the same.
Some customers actively cancel.
Others simply stop buying.
If you're only tracking cancellations, part of the story may be missing.
#AnalyticsFact #CustomerRetention #GoAnalytics #CustomerAnalytics
Not all customer churn looks the same.
Some customers actively cancel.
Others simply stop buying.
If you're only tracking cancellations, part of the story may be missing.
#AnalyticsFact #CustomerRetention #GoAnalytics #CustomerAnalytics
Not all customer churn looks the same.
Some customers actively cancel.
Others simply stop buying.
If you're only tracking cancellations, part of the story may be missing.
#AnalyticsFact #CustomerRetention #GoAnalytics #CustomerAnalytics
What should your company:
START doing?
STOP doing?
CONTINUE doing?
Your data can help answer all three.
#GoAnalytics #Leadership #BusinessStrategy
What should your company:
START doing?
STOP doing?
CONTINUE doing?
Your data can help answer all three.
#GoAnalytics #Leadership #BusinessStrategy
What should your company:
START doing?
STOP doing?
CONTINUE doing?
Your data can help answer all three.
#GoAnalytics #Leadership #BusinessStrategy
What should your company:
START doing?
STOP doing?
CONTINUE doing?
Your data can help answer all three.
#GoAnalytics #Leadership #BusinessStrategy