4 Things Nutrition Teaches Us about Business: How to de-bloat after over indulging
So many of us get carried away into consuming too much. Chocolates, pastries, sales reports, budget reports, ad-hoc reports…..we always crave more.
Time and again we hear, that it’s bad for us. Too many cookies as well as too many reports, are hard to digest when dished in excess. Try these 4 effective tips for a healthy diet, and change your consumption habits forever:
1) Fresh fruits and vegetables are the most nutritious
Loaded with valuable vitamins that will strengthen your body, fruits and veggies should be consumed as fresh as possible. The longer stored and the more manipulated your veggies are, the less their nutritious value.
Same with your data. The longer it takes to analyze and consume information you’ve gathered, the less business value in it. Analysis latency is the time passed between collecting data and analyzing it. Research shows that the longer the analysis latency, the greater the loss in business value of the analysis. Strive to consume analyzed data as close as possible to real time. Don’t lose valuable insight by storing data for too long before analyzing it and making the findings available to decision makers.
2) A healthy diet includes a variety of foods.
You need to consume from across all five food groups to maintain a balanced diet. Same with data – you need a variety of sources to make an educated decision. Decisions made in a silo, ignoring the variety of influences, are often skewed and misleading. For example, to analyze the effects of your marketing campaign, and deciding on next steps, you ought to look beyond the campaign details and the bottom line sales. Information about suppliers, business contracts, competitors’ activity, and consumer feedback, might reveal unexpected drivers to those changes in your sales. You ought to take it ALL into account. Data silos are preventing you from making the best decisions—and in some cases cause managers to make decisions, which hurt the organization as a whole.
3) It’s not only how much you eat, even more important is what you eat.
The old notion that a calorie is a calorie is a calorie has been proven wrong. What matters to stay healthy, are the types of food you eat. You want to consume important nutritions and avoid destructive junk.
With your data, it’s not about how much information you’re processing to make a wise decision, it’s about focusing on the relevant information that actually influences your business. Organizations today are buried in too much information. You ought to filter out irrelevant information. Get rid of junk information. Focus only on information insights your organization actually needs.
4) Customize your diet to fit your individual needs. Different people have different needs. If it’s life style, physical activity, traditions, religion, or just taste, one size does not fit all.
Analyzing data to focus you on the most important insights for your organization, has to be customized to your specific needs. To the way your organization works. According to the Information Diet, also one size does not fit all. Quality analysis interjects domain expertise and amalgamates the organization’s business logic into the analysis, to ensure that it focuses only on what’s relevant for your organization.
Collecting large amounts of data without the ability to rapidly analyze and consume the valuable information hidden in it, results in unmanageable amounts of stored data. Disturbing glut, just like the excess storage in our body, when we take in more than we can process. Beware of that glut! Focus narrowly on what your organization actually needs.
Good luck on your journey to a more sensible future!