The Data Animated Audit.
Similar to a diagnostic that reveals problems within your car's systems and components, our Data Animated Audit is a comprehensive assessment of your company’s Data Value Chain, analyzing each of the following components to reveal their strengths, weaknesses, and gaps:
Strategy and vision
This is the overarching framework within which your Data Value Chain operates, so that it can contribute meaningfully and positively to your marketing efforts.
Analytics
This includes machine-learning algorithms to predict behavior. Critical components include the choice of data, the methodologies employed to extract insights, and the subsequent calibration, validation, and implementation into production.
Decision-making
This combines “softer” data (such as focus-group research) with “harder” data (such as machine-learning algorithms).
Staffing
This includes a definition of the responsibilities within each department — from front-line sales to departments that lie deep within the organization.
Marketing programs
These translate the analytics and reports into implementation that is coordinated across your marketing and selling channels. They incorporate rules for the collection of data, and for subsequent testing and reporting — and, especially, the precise measurement of results.
Data management
It is essential that the best-possible data be available to support your company’s strategies and objectives. Data management encompasses the entire process of collecting, cleaning, organizing, and maintaining your data. And throughout, quality control is essential!
Reports
These turn data and analytics into meaningful insights for each level of the organization, and serve as practical tools for effective decision-making. They include processes for getting reports into the right hands at the right time. These reports must reflect business-oriented interpretations of the data, including what it is saying, and — sometimes more importantly — what it is not.
Organization
This is defined as how — in relation to the Data Value Chain — your company operates, including internal communications and the assignment of responsibilities. The focus typically is on the IT, analytical, marketing, and corporate teams.