The Business Thinking Podcast

What Does It Mean To Be Data-Driven?


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In this episode, Neil and Alex discuss the importance of data literacy and what it takes to build a truly data-driven organisation. They cover everything from understanding basic data concepts to using the right tools and applying critical thinking when analysing data.
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ā° Timestamps
00:00 – Intro
00:08 – Meet Neil and Alex
00:13 – Why data literacy matters for a data-driven organisation
00:40 – The importance of basic data concepts (mean, mode, standard deviation)
02:53 – Appropriate use of tools (Excel vs. SQL)
04:13 – Using statistics to support business decisions
04:48 – Understanding causation vs. correlation
06:02 – Effective data visualisation and storytelling
07:36 – Critical thinking when working with data
08:41 – The danger of incorrect data driving decisions
10:14 – Fixing data issues and handling resistance to change
10:42 – Outro and next steps
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The Business Thinking PodcastBy Business Thinking Ltd.