Tips You Should Know For Pivoting Your Business to Implement Data Decision Making

1. Tips You Should Know For Pivoting Your Business To Implement Data Decision Making

2. Some of the helpful tips you should consider when planning to implement data based decision making. • Evaluate the existing skill set in your business and make adjustments (and hires) as necessary • Pay heed to what your customers are saying to you • Test your new business model before pivoting

3. Evaluate the existing skill set in your business and make adjustments as necessary • Need to assess the existing skill sets in your organization and make adjustments as required • Introduce new job roles, hire new employees, retrain the existing workforce by incorporating a corporate course in data analytics. • Reach out to external agencies to handle the job.

4. Pay heed to what your customers are saying to you • Understanding the targeted audience and their major pain points • How your business’s solutions and skills can address their demand will help to determine if there is a need to pivot your business. • Disengaged customers are early indicators, and the best way to determine whether you need to change is to look at your engagement metrics.

5. Test your new business model before pivoting • Before you start pivoting, you need to be clear why you’re doing it and whether your new model can meet the demand. • Create a basic prototype, present it to your best customers and ask them if they would like to use it. • Put yourself in the shoes of the customer before you plunge into a brand new business model

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