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Tim Clark- Data Driven Business

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  • “Data should be what drives your business, both in strategy and in operations” – Tim Clark
  • Process driven, traditional business
    • Scripts
    • Checklists
    • Workflows
  • Data driven, modern business
    • Capture detailed data on every metric that matters
    • Review the data regularly, look for trends, cycles
    • Adjust according to what the data is telling you
  • Pricing, product offering, production, promotions, advertising, hiring, all driven by data

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