Tips For Becoming a Data Driven Leader
In a world that has become increasingly data driven, performance management is one part of the enterprise that has fallen behind. Tomorrow’s leaders need to use performance management systems that are powered by data and use data as a driving factor in decision-making. One group of professionals who should be using their data but typically do not are software engineers. Sales managers, marketing managers, customer support managers all use data to help guide and coach their teams. Why don’t software engineering managers? Because up until this point, it has been hard for software engineering managers to get relevant data easily and in real time. We’ve set out to change that.
With the launch of the Insights, Feedback and Improvement feedback loop last week, we believe that we’re just beginning to scratch the surface when it comes to providing software engineering managers the insight and intelligent analysis of their team to be data driven, actionable leaders.
Here are some tips for becoming a data driven leader Use data!
The New York Times referenced a study done of 179 large companies across the United States that found those who were “adopting ‘data driven decision making’ achieved productivity gains that were 5 percent to 6 percent higher than other factors could explain.” Although it’s clear from this study that utilizing data-driven decision making practices increases productivity, data is just the starting point for performance improvement. Optimization requires feedback, conversation and collaboration. But before you can give feedback or improve based on data, you need to get the data, which isn’t always easy. The more data you have, the better informed your decisions can be. Not only that, data is more powerful the closer it is to real time. However, more data can also mean more noise. Data driven leaders need to build or use systems that can collect larges amounts of data, parse the data quickly and present it to them as close to real time as possible.
Read the end of the article at https://www.fortalent.com/blog/view/s/2017-01-16-tips-for-becoming-a-data-driven-leader/