getting your data in shape: a guide to better data prep for analysis
TRANSCRIPT
It’s Time to Get
Your Data in Shape
insights from
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Which tasks do you spend the bulk of your time on at
work every day?
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Most business analysts spend 50-80% of their time preparing
their data for analysis.
This includes pulling, cleansing, manipulating,
and formatting their data.
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This leaves them with only 20-50% of their timeto focus on actual analysis
and uncover actionable insights.
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Here are 5 tips to help you:
1. Reduce time spent in data preparation
2. Get your analysis in shape3. Uncover actionable insights faster4. Enhance efforts for profit
improvement
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Outline a path from your current situation to your goal
situation.
Use this as a reference tokeep yourself from veering
off course or giving up.
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Questions to consider:
What shape is yourdata in now?
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What shape does yourdata need to be in for maximum analysis time
and minimal data cleansingeach reporting period?
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How can you maintainthese clean data standards?
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What are checkpoints that can serve as
benchmarksfor your progress?
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Build and distribute a metricguide for your colleagues.
This ensures all reporting anddata contributions become
and remain consistent.
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Consistent data updates
=Successful data analysis
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For some companies this means data pulls once a week.
For others, it’s once a day.
Don’t procrastinate!
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4. Circle Back forProgress Checks
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Revisit your data management program at your scheduled checkpoints in your plan.
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What data is still taking you
a long time to prepare?
Why?
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What processes can youstreamline further?
What’s working?
What isn’t?
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Are you saving yourself time yet?
How much more time haveyou given yourself for
analysis?
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It’s time to dump yourmassive spreadsheets tool.
Instead, use your BI software
to compile your data andformat it for analysis.
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Click here to see how KiniMetrix
can do this for you.
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KiniMetrix simplifies your data uploadand management process.
The cloud-based analytics also illuminates opportunities for profit
improvement quickly.Click here to view a video demo
and see KiniMetrix in action.
Start Getting Your Data in Shape Today