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Business Action Orientated Analytics
18th June 2014
G’day, I’m Peter
Page 2 18th June 2014@peter_oneill
G’day, I’m Peter
Page 3 18th June 2014@peter_oneill
G’day, I’m Peter
Page 4 18th June 2014@peter_oneill
Business Action Orientated Analytics
18th June 2014
Purpose of Digital Analytics
 To provide intelligence that informs business
actions leading to an improvement in
performance for online organisations
Page 6
 To provide intelligence that informs business
actions leading to an improvement in
performance for online organisations
18th June 2014@peter_oneill
My initial approach to consultancy work
 I wanted to work smarter at L3 Analytics
 I wanted to add value & make a difference
18th June 2014@peter_oneillPage 7
What we need to be doingRequired foundation work
Continuous improvement through learning
18th June 2014@peter_oneillPage 8
 http://www.amazon.com/The-Lean-Startup-Entrepreneurs-
Continuous/dp/0307887898
So how did it work out?
18th June 2014@peter_oneillPage 9
Definitely still a lot of barriers
 To get value out of analytics tools
 To get companies using the intelligence from
analytics
18th June 2014@peter_oneillPage 10
Does a solution even exist?
 Budget to afford significant consultancy time
vs
 Flexibility to get value from analytics
18th June 2014@peter_oneillPage 11
A story from eMetrics London
Page 12
Identify Issue
Collect
Insights
Improve
Performance
18th June 2014@peter_oneill
My lightbulb moment…
 Actually came from a client comment
 “I want reports where users can see this & do that”
18th June 2014@peter_oneillPage 13
Lean Analytics & the one metric that matters
 http://www.amazon.com/Lean-
Analytics-Better-Startup-
Faster/dp/1449335675
18th June 2014@peter_oneillPage 14
Where does this leave us?
Business Action Orientated Analytics
18th June 2014@peter_oneillPage 15
The new project structure
18th June 2014@peter_oneillPage 16
Phase 1 Ongoing work
How is this new approach working?
18th June 2014@peter_oneillPage 17
Example 1 – Merchandise Report
A. Most popular product
B. The money maker
C. Something is wrong
D. Another issue here
E. Opportunity product,
make more visible
Page 18 18th June 2014@peter_oneill
Example 2 – Top Content Report
 Imagine if you could filter on business action!!
Page 19 18th June 2014@peter_oneill
Still a work in progress
 Always resource issues
 Needs a grand unifying theory
18th June 2014@peter_oneillPage 20
Maturity model must be part of the solution
 Still need to deal with the balancing act
18th June 2014@peter_oneillPage 21
Wrapping it all up
 Analytics must impact business performance
 Analytics must deliver immediate value
 Analytics users must be excited about using
information from data
 Analytics users must be able to “see this, do that”
 Minimise the initial set-up phase
 Focus on one business action at a time
 The “fun” part of analytics will then begin to
flow…
 Questions?
18th June 2014@peter_oneillPage 22
THANK YOU
Page 23
I can be found at
• peteroneill@l3analytics.com
• @peter_oneill
• +44 7843 617 347
• www.linkedin.com/in/peteroneill
18th June 2014@peter_oneill

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Business action orientated analytics

  • 1. Business Action Orientated Analytics 18th June 2014
  • 2. G’day, I’m Peter Page 2 18th June 2014@peter_oneill
  • 3. G’day, I’m Peter Page 3 18th June 2014@peter_oneill
  • 4. G’day, I’m Peter Page 4 18th June 2014@peter_oneill
  • 5. Business Action Orientated Analytics 18th June 2014
  • 6. Purpose of Digital Analytics  To provide intelligence that informs business actions leading to an improvement in performance for online organisations Page 6  To provide intelligence that informs business actions leading to an improvement in performance for online organisations 18th June 2014@peter_oneill
  • 7. My initial approach to consultancy work  I wanted to work smarter at L3 Analytics  I wanted to add value & make a difference 18th June 2014@peter_oneillPage 7 What we need to be doingRequired foundation work
  • 8. Continuous improvement through learning 18th June 2014@peter_oneillPage 8  http://www.amazon.com/The-Lean-Startup-Entrepreneurs- Continuous/dp/0307887898
  • 9. So how did it work out? 18th June 2014@peter_oneillPage 9
  • 10. Definitely still a lot of barriers  To get value out of analytics tools  To get companies using the intelligence from analytics 18th June 2014@peter_oneillPage 10
  • 11. Does a solution even exist?  Budget to afford significant consultancy time vs  Flexibility to get value from analytics 18th June 2014@peter_oneillPage 11
  • 12. A story from eMetrics London Page 12 Identify Issue Collect Insights Improve Performance 18th June 2014@peter_oneill
  • 13. My lightbulb moment…  Actually came from a client comment  “I want reports where users can see this & do that” 18th June 2014@peter_oneillPage 13
  • 14. Lean Analytics & the one metric that matters  http://www.amazon.com/Lean- Analytics-Better-Startup- Faster/dp/1449335675 18th June 2014@peter_oneillPage 14
  • 15. Where does this leave us? Business Action Orientated Analytics 18th June 2014@peter_oneillPage 15
  • 16. The new project structure 18th June 2014@peter_oneillPage 16 Phase 1 Ongoing work
  • 17. How is this new approach working? 18th June 2014@peter_oneillPage 17
  • 18. Example 1 – Merchandise Report A. Most popular product B. The money maker C. Something is wrong D. Another issue here E. Opportunity product, make more visible Page 18 18th June 2014@peter_oneill
  • 19. Example 2 – Top Content Report  Imagine if you could filter on business action!! Page 19 18th June 2014@peter_oneill
  • 20. Still a work in progress  Always resource issues  Needs a grand unifying theory 18th June 2014@peter_oneillPage 20
  • 21. Maturity model must be part of the solution  Still need to deal with the balancing act 18th June 2014@peter_oneillPage 21
  • 22. Wrapping it all up  Analytics must impact business performance  Analytics must deliver immediate value  Analytics users must be excited about using information from data  Analytics users must be able to “see this, do that”  Minimise the initial set-up phase  Focus on one business action at a time  The “fun” part of analytics will then begin to flow…  Questions? 18th June 2014@peter_oneillPage 22
  • 23. THANK YOU Page 23 I can be found at • peteroneill@l3analytics.com • @peter_oneill • +44 7843 617 347 • www.linkedin.com/in/peteroneill 18th June 2014@peter_oneill