Comments on: Daily Data

By: mod converter

mod converter — Tue, 16 Mar 2010 02:24:25 +0000

This article is very interesting. Thank you very much for sharing .

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By: online mba degree

online mba degree — Sat, 11 Jul 2009 10:02:23 +0000

The technology is available to provide board members (and other stakeholders — including team members / employees / partners, etc.) with the fine grain data as well as the summary data.

By: RohitK

RohitK — Tue, 12 May 2009 11:25:10 +0000

to daily data we can use different type of micro..which will help us getting data very easily..but micros should be good enough to give all these data easily..And managers collect data to know the progression what will be the next step..but it is not automated it will take a lot time to see and take decisions....

By: RohitK

RohitK — Tue, 12 May 2009 11:24:13 +0000

to daily data we can use different type of micro..which will help us getting data very easily..but micros should be good enough to give all these data easily..And

By: Bernie Daina

Bernie Daina — Tue, 31 Mar 2009 18:28:17 +0000

When Robert McNamara turned around Ford Motor Company and then ran Defense for Kennedy and Johnson, he wouldn't consider anyone's point of view without a barrage of supporting facts, figures, and statistics. He instilled discipline and precision in his organizations but, in the early years of Vietnam, also inadvertently trained his people to manufacture numbers that were specious and targeted at what they thought he wanted to hear. He wound up with an inaccurate picture of what was happening, and promoted people who could speak in numbers, regardless of their veracity. The numbers actually blinded him to the overarching truth. The obvious lesson: furnish numbers that the people on the ground themselves consider truly useful in diagnosing and managing their activities and avoid the temptation to furnish numbers for political reasons, or to impress others with one's command of details.

By: Brad Feld

Brad Feld — Fri, 13 Mar 2009 12:45:04 +0000

I think humans can handle a lot more than three metrics. I look at the data daily, but I don’t ever make decisions based on the daily data.

By: MCavalcanti

MCavalcanti — Fri, 13 Mar 2009 12:42:07 +0000

Hello Brad,

Great post, thanks a lot for sharing.

I´ve heard people suggesting up to 3 key metrics. Do you disagree?

Also, how much do you spend looking at that data? I thought it would be better to have weekly data, but after reading your post, I´m changing the way I´m going to look at my online courses sales data.

Thanks a lot, Miguel, from Brazil

By: Will Herman

Will Herman — Sun, 08 Mar 2009 20:04:01 +0000

I have a great memory for numbers too – I know all 10 of them. I just can't remember which order they're in or what they apply to. That, however, makes your point even stronger, IMO. I love this idea. I can choose to look at it at whatever frequency I like and to see trends with as many data points that make me feel like I'm getting real info. Thanks.

By: bfeld

bfeld — Sun, 08 Mar 2009 16:16:05 +0000

I get them both ways (and don’t care which approach is used). The web-based (with secure login) is certainly safer but obviously requires action on the part of the person looking at the data (pull vs. push).