Improving Business Outcomes with Data
Your business outcomes mirror the level of your data literacy.
That’s because utilizing data is essential to managing your business processes, your product value, your stakeholder and top management objectives, the collaboration flow between departments and so much more.
Data is mission-critical for your business – but why?
It’s simple. Businesses today, however different in purpose, process or product, still share many of the same problems. That includes fighting inefficient work processes, competition struggles, fulfilling the expectations of stakeholders and customers, and putting priority on innovation and sales. All of which can be solved with data.
The business world is going data-driven. Depending on your data to drive successful business outcomes is key; from knowing which KPIs to track, to quickly visualizing and sharing data insights so everyone is enabled to be their own data scientist.
75% of companies want to be data-driven.
And yet, ONLY 29% of them know how to use data to make decisions.
To be truly data-driven, use a DATA CATALOG in your daily workflow and get from insight to action in seconds.
Measure Business Success Better
Following the right metrics is everything. Starting from the top down, you can use Slingshot to grow your team’s data literacy while at the same time truly pinpointing the data insights you need to follow to improve your business outcomes. Managing your stakeholder’s expectations and improving your business processes all revolve around data. All you need to do is use the right KPIs to track performance and business impact, tying data to results and transparently seeing what needs improvement.
Succeed in Cross-Departmental Collaboration
An organization’s processes should flow between departments, especially when it comes to data. Making sure your sales and marketing, or PR and HR departments are aligned is vital and impacts business outcomes, as well as customer, brand, and product services. Slingshot makes data the common denominator and shared language between departments with a data catalog, allowing for easy access and reference. This is the way to take collaboration to another level and provide a learning environment, for better alignment on company goals.
Reduce Time and Efforts in Decision Making
Every marketing team and business relies immensely on data, but the collected amount, even monthly, is huge, when running multiple campaigns. Slingshot is a way to collect and process data faster and decide the most important operations in your business on the go, without leaving your flow to answer questions. Everything you need is now at your fingertips in Slingshot.
Recognize New Business Opportunities
You can identify new opportunities faster and smarter with raw data insights transformed into beautiful dashboards, showing the way to outperform your competitors through the power of data. Identify underperforming areas in your campaigns, strategy, and business and make a change in the right direction. Want more specifics as to how? Check out MLB Residential Lending’s success story here.