How to Build a Data-Driven Business
If your company has ambitious growth plans, then it certainly needs to ingrain data-driven decision making in its corporate DNA. This video describes a 6-steps framework that will help you reap the rewards of creating a data-centric culture.
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The 6-step framework:
1. Leadership needs to commit to data-driven decision making
2. Formulate a data strategy
3. Collect the data
4. Analyze the data; Build dashboards
5. A/B testing and product versioning
6. Machine and Deep learning algorithms; Advanced forms of data analysis
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