SlideShare ist ein Scribd-Unternehmen logo
1 von 28
Downloaden Sie, um offline zu lesen
Intended for Knowledge Sharing only
Analytics as a Culture Enabler
Customer Analytics & Insights Summit
Aug 2016
Intended for Knowledge Sharing only
Disclaimer:
Participation in this summit is purely on personal basis and not representing VISA in any form or
matter. The talk is based on learnings from work across industries and firms. Care has been taken to
ensure no proprietary or work related info of any firm is used in any material.
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
https://imgflip.com/memegenerator/
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
Culture? What is it after all?
IN THE WORDS OF MICHAEL KERR, CREATOR OF HUMOUR AT WORK…
Intended for Knowledge Sharing only
https://www.youtube.com/watch?v=pajiPqmiPfA&list=LLODSVC0WQws607clv0k8mQA&index=1
IN MORE CONCRETE (LESS MELODRAMATIC) TERMS…
Intended for Knowledge Sharing only
Focus on Company goals
Trust, Transparency & partnership- clear Ownership & accountability
Put Customer first
Innovative & Iterative (Test and Learn)
Contribute to the Community and Stakeholders – Knowledge Capital, etc.
WHY DOES IT MATTER?
Intended for Knowledge Sharing only
Focus on Company goals
Trust, Transparency & partnership
Put Customer first
Innovative & Iterative (Test and Learn)
Contribute to Community & Stakeholders
HAPPY
MOTIVATED
IMPACTFUL
Better realization
of current goals
plus opens up new
opportunities
…Culture is the invisible thread that ties everything and everyone together in the
journey to making the company truly iconic
Morale,
Returns,
Efficiency,
Sustainability &
Brand
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
But is it always so?
RING A BELL?
Intended for Knowledge Sharing only
https://www.youtube.com/watch?v=LL9em2K_-0U
WHAT JUST HAPPENED HERE??
Intended for Knowledge Sharing only
Focus on Company goals
Trust, Transparency & Partnership
Put Customer first
Innovative & Iterative (Test and Learn)
Contribute to Community and Stakeholders
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
What can Analytics do?
AT A VERY HIGH LEVEL
Intended for Knowledge Sharing only
Strategy Formulation, Goal creation & buy-ins
Driver relationships & inter-dependencies, Early Warning Indicators and
Balance Scorecards
Voice of Customer Program: Creation, customization, ownership of
Customer Focused metrics & initiatives – NPS, Loyalty, etc.
Learn, Listen & Test Program: What worked vs. did not
Thought leadership & community learning events
REALLY, HOW?
Intended for Knowledge Sharing only
https://imgflip.com/memegenerator/
Intended for Knowledge Sharing only
www.theadanswer.com www.flaticon.comwww.aetholdings.com
STRATEGY EXECUTION TRANSFORMATION
Source:
STRATEGY WRAPPER |ILLUSTRATION
Intended for Knowledge Sharing only
Corporate
Business
Functional
• Define Strategic Goals
• Define metrics against Strategic Goals
• Define Success metric
• Benchmark performance against Competitors &
Strategic Goals
• Identify Strengths/Weaknesses and create actions
• Constant Monitoring of the Key Strategic Metrics
• Constant Monitoring of Key Projects to meet
Strategic Goals
STRATEGY EXECUTION TRANSFORMATION
STRATEGY WRAPPER: TOP DOWN|ILLUSTRATION
Intended for Knowledge Sharing only
Define Strategy for the Business and create metrics to monitor progress
against Strategic Goals…
1. Expand the Patient user base
a. Awareness and Consideration
b. Sign-up Channel performance
c. Geo Performance
2. Ensure Top Quality Care for Patients
a. #Patients visiting hospitals
b. Actual usage of Preventive initiatives
c. #Return visits per Patient
d. Feedback from Patients – Doctor, Care, etc.
e. Uptime of service availability
3. Return per Patient
a. Cost of service per Patient
b. In Hospital Stay vs. On-call treatment options
c. Risk adjusted Premium
d. Availability
e. NPS
4. Expand Offerings
a. Research & Development
b. Strategic Tie-ups
c. Preventive Healthcare
d. Re-insurance
Current Month MoM (%) YoY (%)
Ownership, visibility &
accountability
STRATEGY BALANCE SCORECARD|ILLUSTRATION
Intended for Knowledge Sharing only
Monitor performance of Functions (Product Management, Marketing,
Sales & Operations) via Balance Scorecard Approach…
Project Description Why?
How did you
arrive at Why?
Exp Impact on
Strategic Metrics
Level of Effort
Status/
Actuals
ActionETA
Product Management
Marketing
Sales
Operations
Finance
Risk
Expected & Actual impacts from all projects are then rolled
up to get total impact and then compared against Annual
Corporate Goals - Envision new projects/reprioritize efforts
on live ones to meet goals
…Balance Scorecard is regularly updated/monitored to check progress
against Goals and requisite actions are taken
THE EXECUTION FRAMEWORK: LEARN, LISTEN & TEST
Intended for Knowledge Sharing only 18
Strategy
Data
Instrume
ntation
Data
Platform
Reportin
g
Analytics
Research
Test &
Optimize
Data
Products
Iterative
Loop
Focus on Big Wins
Reduced Wastage
Quick Fixes
Adaptability
Assured
execution
Learning for
future initiatives
STRATEGY EXECUTION TRANSFORMATION
THE TRANSFORMATION
19
Efficiency
Metrics
Employee
Engagement
Metrics
Business
Metrics The holy grail
STRATEGY EXECUTION TRANSFORMATION
Intended for Knowledge Sharing only
…HOW TO GET TO THE HOLY GRAIL
20
PEOPLE
• Equip PMO organization with data & analytics capabilities
• Design Thinking Focused
• Cross Functional ownership
• Employee Engagement Survey + Business Results+ Quantitative Analyses of
operational metrics (Voice)
PROCESS
• Retrospective Learning but Forward looking
• Goals: Cultural metrics, business metrics apart from efficiency metrics
• Balance Scorecard as a part of internal Knowledge Management
• External Learning & Knowledge Sharing Strategy
• Iterative Learning & Co-development of Analytics
TECH
• Design Thinking Tools
• Data Instrumentation, Collection & Analyses Capable
CULTURE
• Business Enablement
• Customer Needs Focused
• Entrepreneurial
Intended for Knowledge Sharing only
NO, IT’S NOT EASY…
21
https://imgflip.com/memegenerator/
Intended for Knowledge Sharing only
CHALLENGES
Intended for Knowledge Sharing only
Education- knowing what is Analytics & how it can help
Trust in the effectiveness
Support & Investment
Legacy hangover
Not what my boss wants
…basically don’t be a “smart-ass” who tells me what to do
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
Putting it all together
NEEDS FOR IT TO BE SUCCESSFUL…
Intended for Knowledge Sharing only
1 Executive Support & Sponsorship
2 Design Thinking across various organizational business units (BU)
3 Proof of Concept followed by individual BU buy-in
4
Employee Engagement Survey -> “Voice” program bringing together efficiency
metrics, business output, culture metrics followed by deep dive analyses & action
plan (Test & Learn)
5 Knowledge Capital Vision & gameplan
THE WRAP UP
25
• “Know” Culture is a worthy “high Risk, high Reward” investment
• “Must have” clarity of vision and ownership
• “Ensure” engagement of all stakeholders with the vision
• “Develop” ‘learn-listen-test-learn’ framework
• “Prepare” for ever evolving value systems
Intended for Knowledge Sharing only
Intended for Knowledge Sharing only
Quick recap of what it is
Intended for Knowledge Sharing only
Appendix
THANK YOU!
Intended for Knowledge Sharing only
Would love to hear from you on any of the following forums…
https://twitter.com/decisions_2_0
http://www.slideshare.net/RamkumarRavichandran
https://www.youtube.com/channel/UCODSVC0WQws607clv0k8mQA/videos
http://www.odbms.org/2015/01/ramkumar-ravichandran-visa/
https://www.linkedin.com/pub/ramkumar-ravichandran/10/545/67a
RAMKUMAR RAVICHANDRAN
27
https://www.linkedin.com/in/niranjansivaraman
NIRANJAN SIVARAMAN
Intended for Knowledge Sharing only
Disclaimer:
Participation is purely on a personal basis and does not represent VISA,Inc. in any form or matter. The
talk is based on learning from work across industries and firms. Care has been taken to ensure no
proprietary or work related info of any firm is used in any material.
Director, Insights at Visa, Inc.
Enable Decision Making at the
Executives/ Product/Marketing level via
actionable insights derived from Data.
RAMKUMAR RAVICHANDRAN
Data Analytics Engineer.
Data Architecture & Reporting Solutions
to enable Decision Making
NIRANJAN SIVARAMAN

Weitere ähnliche Inhalte

Was ist angesagt?

Shaping Sales Enablement with Highland Solutions, IBM and Channelvation
Shaping Sales Enablement with Highland Solutions, IBM and ChannelvationShaping Sales Enablement with Highland Solutions, IBM and Channelvation
Shaping Sales Enablement with Highland Solutions, IBM and ChannelvationHighland Solutions
 
Eos ala vendor choice
Eos ala vendor choiceEos ala vendor choice
Eos ala vendor choiceStephen Abram
 
Risk Product Management - Creating Safe Digital Experiences, Product School 2019
Risk Product Management - Creating Safe Digital Experiences, Product School 2019Risk Product Management - Creating Safe Digital Experiences, Product School 2019
Risk Product Management - Creating Safe Digital Experiences, Product School 2019Ramkumar Ravichandran
 
FCB Partners Webinar: Mastering Data
FCB Partners Webinar:  Mastering DataFCB Partners Webinar:  Mastering Data
FCB Partners Webinar: Mastering DataFCBPartners
 
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...From Conversion Optimisation to Business Optimisation - Suntransfers Client C...
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...PRWD
 
The Art & Science of Modern Marketing: Three Key Best Practices for the Journey
The Art & Science of Modern Marketing: Three Key Best Practices for the JourneyThe Art & Science of Modern Marketing: Three Key Best Practices for the Journey
The Art & Science of Modern Marketing: Three Key Best Practices for the JourneyFred Isbell
 
PTW2014 Digital Strategy / Marketing Center of Excellence Presentation
PTW2014 Digital Strategy / Marketing Center of Excellence PresentationPTW2014 Digital Strategy / Marketing Center of Excellence Presentation
PTW2014 Digital Strategy / Marketing Center of Excellence PresentationBill Rattner
 
Modern Marketing Model (M3) - 1 year on
Modern Marketing Model (M3) - 1 year onModern Marketing Model (M3) - 1 year on
Modern Marketing Model (M3) - 1 year onEconsultancy
 
5 Keys to Association Website Success in 2015 (And beyond)
5 Keys to Association Website Success in 2015 (And beyond)5 Keys to Association Website Success in 2015 (And beyond)
5 Keys to Association Website Success in 2015 (And beyond)Informz
 
Digital leadership : What's Different?
Digital leadership : What's Different?Digital leadership : What's Different?
Digital leadership : What's Different?Vikas Mahendra
 
The Asset Management Digital Marketing Survey 2018
The Asset Management Digital Marketing Survey 2018The Asset Management Digital Marketing Survey 2018
The Asset Management Digital Marketing Survey 2018Kurtosys Systems
 
131004 m2020 ana total presentation final as presented by msa
131004 m2020 ana total presentation final as presented by msa131004 m2020 ana total presentation final as presented by msa
131004 m2020 ana total presentation final as presented by msaVermeer
 
Modernize Core Technology to Accelerate Digital Transformation
Modernize Core Technology to Accelerate Digital TransformationModernize Core Technology to Accelerate Digital Transformation
Modernize Core Technology to Accelerate Digital TransformationPerficient, Inc.
 
Tendencias y mejores prácticas del Financial Performance Management
Tendencias y mejores prácticas del Financial Performance ManagementTendencias y mejores prácticas del Financial Performance Management
Tendencias y mejores prácticas del Financial Performance ManagementNexolution
 
SMX West 2016 - Search, Content and Digital Marketing Maturity Frameworks
SMX West 2016 - Search, Content and Digital Marketing Maturity FrameworksSMX West 2016 - Search, Content and Digital Marketing Maturity Frameworks
SMX West 2016 - Search, Content and Digital Marketing Maturity FrameworksBrightEdge Technologies
 
Meridian West innovations in thought leadership - psmg 07 november 2013
Meridian West   innovations in thought leadership - psmg 07 november 2013Meridian West   innovations in thought leadership - psmg 07 november 2013
Meridian West innovations in thought leadership - psmg 07 november 2013peterbyre
 
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...MarTech Conference
 
Digital Customer Experience Imperative
Digital Customer Experience ImperativeDigital Customer Experience Imperative
Digital Customer Experience Imperativeedynamic
 
Insights Engine: ACA Executive Forum Keynote
Insights Engine: ACA Executive Forum KeynoteInsights Engine: ACA Executive Forum Keynote
Insights Engine: ACA Executive Forum KeynoteMario Simon
 

Was ist angesagt? (20)

The Journey to Revenue Growth
The Journey to Revenue GrowthThe Journey to Revenue Growth
The Journey to Revenue Growth
 
Shaping Sales Enablement with Highland Solutions, IBM and Channelvation
Shaping Sales Enablement with Highland Solutions, IBM and ChannelvationShaping Sales Enablement with Highland Solutions, IBM and Channelvation
Shaping Sales Enablement with Highland Solutions, IBM and Channelvation
 
Eos ala vendor choice
Eos ala vendor choiceEos ala vendor choice
Eos ala vendor choice
 
Risk Product Management - Creating Safe Digital Experiences, Product School 2019
Risk Product Management - Creating Safe Digital Experiences, Product School 2019Risk Product Management - Creating Safe Digital Experiences, Product School 2019
Risk Product Management - Creating Safe Digital Experiences, Product School 2019
 
FCB Partners Webinar: Mastering Data
FCB Partners Webinar:  Mastering DataFCB Partners Webinar:  Mastering Data
FCB Partners Webinar: Mastering Data
 
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...From Conversion Optimisation to Business Optimisation - Suntransfers Client C...
From Conversion Optimisation to Business Optimisation - Suntransfers Client C...
 
The Art & Science of Modern Marketing: Three Key Best Practices for the Journey
The Art & Science of Modern Marketing: Three Key Best Practices for the JourneyThe Art & Science of Modern Marketing: Three Key Best Practices for the Journey
The Art & Science of Modern Marketing: Three Key Best Practices for the Journey
 
PTW2014 Digital Strategy / Marketing Center of Excellence Presentation
PTW2014 Digital Strategy / Marketing Center of Excellence PresentationPTW2014 Digital Strategy / Marketing Center of Excellence Presentation
PTW2014 Digital Strategy / Marketing Center of Excellence Presentation
 
Modern Marketing Model (M3) - 1 year on
Modern Marketing Model (M3) - 1 year onModern Marketing Model (M3) - 1 year on
Modern Marketing Model (M3) - 1 year on
 
5 Keys to Association Website Success in 2015 (And beyond)
5 Keys to Association Website Success in 2015 (And beyond)5 Keys to Association Website Success in 2015 (And beyond)
5 Keys to Association Website Success in 2015 (And beyond)
 
Digital leadership : What's Different?
Digital leadership : What's Different?Digital leadership : What's Different?
Digital leadership : What's Different?
 
The Asset Management Digital Marketing Survey 2018
The Asset Management Digital Marketing Survey 2018The Asset Management Digital Marketing Survey 2018
The Asset Management Digital Marketing Survey 2018
 
131004 m2020 ana total presentation final as presented by msa
131004 m2020 ana total presentation final as presented by msa131004 m2020 ana total presentation final as presented by msa
131004 m2020 ana total presentation final as presented by msa
 
Modernize Core Technology to Accelerate Digital Transformation
Modernize Core Technology to Accelerate Digital TransformationModernize Core Technology to Accelerate Digital Transformation
Modernize Core Technology to Accelerate Digital Transformation
 
Tendencias y mejores prácticas del Financial Performance Management
Tendencias y mejores prácticas del Financial Performance ManagementTendencias y mejores prácticas del Financial Performance Management
Tendencias y mejores prácticas del Financial Performance Management
 
SMX West 2016 - Search, Content and Digital Marketing Maturity Frameworks
SMX West 2016 - Search, Content and Digital Marketing Maturity FrameworksSMX West 2016 - Search, Content and Digital Marketing Maturity Frameworks
SMX West 2016 - Search, Content and Digital Marketing Maturity Frameworks
 
Meridian West innovations in thought leadership - psmg 07 november 2013
Meridian West   innovations in thought leadership - psmg 07 november 2013Meridian West   innovations in thought leadership - psmg 07 november 2013
Meridian West innovations in thought leadership - psmg 07 november 2013
 
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...
Chief Marketing Technologists Symbolize Marketing's Changing Role By Laura Mc...
 
Digital Customer Experience Imperative
Digital Customer Experience ImperativeDigital Customer Experience Imperative
Digital Customer Experience Imperative
 
Insights Engine: ACA Executive Forum Keynote
Insights Engine: ACA Executive Forum KeynoteInsights Engine: ACA Executive Forum Keynote
Insights Engine: ACA Executive Forum Keynote
 

Ähnlich wie Analytics as a Culture Enabler Summit Recap

Augment the actionability of Analytics with the “Voice of Customer”
Augment the actionability of Analytics with the “Voice of Customer”Augment the actionability of Analytics with the “Voice of Customer”
Augment the actionability of Analytics with the “Voice of Customer”Ramkumar Ravichandran
 
Social Media Management - Phase 1 (Design)
Social Media Management - Phase 1 (Design)Social Media Management - Phase 1 (Design)
Social Media Management - Phase 1 (Design)Jim Clark
 
5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness
5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness
5 Ts Of Marketing Ops: Learning Org to Increases Marketing EffectivenessClearAction Continuum
 
Slides99 Strategy & Organization
Slides99 Strategy & OrganizationSlides99 Strategy & Organization
Slides99 Strategy & Organizationguestf32b7
 
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insights
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insightsDigital summit Dallas 2015 - Research brings back the 'human' aspect to insights
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insightsRamkumar Ravichandran
 
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013Castlebridge Associates
 
Event Marketer Portfolio Webcast
Event Marketer Portfolio WebcastEvent Marketer Portfolio Webcast
Event Marketer Portfolio WebcastTomMaher
 
5 Steps To Measure ROI On Your Data Science Initiatives - Webinar
 5 Steps To Measure ROI On Your Data Science Initiatives - Webinar 5 Steps To Measure ROI On Your Data Science Initiatives - Webinar
5 Steps To Measure ROI On Your Data Science Initiatives - WebinarGramener
 
Transform your Analytics Practice into Insights Practice
Transform your Analytics Practice into Insights PracticeTransform your Analytics Practice into Insights Practice
Transform your Analytics Practice into Insights PracticeRamkumar Ravichandran
 
What's Next: The Value of Data
What's Next: The Value of DataWhat's Next: The Value of Data
What's Next: The Value of DataOgilvy Consulting
 
Quantify the ROI of Your Experimentation Program
Quantify the ROI of Your Experimentation ProgramQuantify the ROI of Your Experimentation Program
Quantify the ROI of Your Experimentation ProgramOptimizely
 
A Growth Driven CEO: Critical Elements to the CEO\'s Partnership Strategy
A Growth Driven CEO:  Critical Elements to the CEO\'s Partnership StrategyA Growth Driven CEO:  Critical Elements to the CEO\'s Partnership Strategy
A Growth Driven CEO: Critical Elements to the CEO\'s Partnership Strategybhdenker
 
Webinar: The Balanced Scorecard What Does It Mean And How To Implement It
Webinar: The Balanced Scorecard What Does It Mean And How To Implement ItWebinar: The Balanced Scorecard What Does It Mean And How To Implement It
Webinar: The Balanced Scorecard What Does It Mean And How To Implement ItAli Zeeshan
 
Financial realities to strategy (public)
Financial realities to strategy (public)Financial realities to strategy (public)
Financial realities to strategy (public)ParCon Consulting, LLC
 

Ähnlich wie Analytics as a Culture Enabler Summit Recap (20)

Optimizing product decisions
Optimizing product decisionsOptimizing product decisions
Optimizing product decisions
 
Augment the actionability of Analytics with the “Voice of Customer”
Augment the actionability of Analytics with the “Voice of Customer”Augment the actionability of Analytics with the “Voice of Customer”
Augment the actionability of Analytics with the “Voice of Customer”
 
Social Media Management - Phase 1 (Design)
Social Media Management - Phase 1 (Design)Social Media Management - Phase 1 (Design)
Social Media Management - Phase 1 (Design)
 
Leadership, analytics & you
Leadership, analytics & youLeadership, analytics & you
Leadership, analytics & you
 
Moving beyond numbers
Moving beyond numbersMoving beyond numbers
Moving beyond numbers
 
Predictive Analytics as a Product
Predictive Analytics as a Product Predictive Analytics as a Product
Predictive Analytics as a Product
 
5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness
5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness
5 Ts Of Marketing Ops: Learning Org to Increases Marketing Effectiveness
 
Slides99 Strategy & Organization
Slides99 Strategy & OrganizationSlides99 Strategy & Organization
Slides99 Strategy & Organization
 
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insights
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insightsDigital summit Dallas 2015 - Research brings back the 'human' aspect to insights
Digital summit Dallas 2015 - Research brings back the 'human' aspect to insights
 
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013
IAIDQ Presidency Position Paper - Daragh O Brien Dec 2013
 
Event Marketer Portfolio Webcast
Event Marketer Portfolio WebcastEvent Marketer Portfolio Webcast
Event Marketer Portfolio Webcast
 
5 Steps To Measure ROI On Your Data Science Initiatives - Webinar
 5 Steps To Measure ROI On Your Data Science Initiatives - Webinar 5 Steps To Measure ROI On Your Data Science Initiatives - Webinar
5 Steps To Measure ROI On Your Data Science Initiatives - Webinar
 
Transform your Analytics Practice into Insights Practice
Transform your Analytics Practice into Insights PracticeTransform your Analytics Practice into Insights Practice
Transform your Analytics Practice into Insights Practice
 
What's Next: The Value of Data
What's Next: The Value of DataWhat's Next: The Value of Data
What's Next: The Value of Data
 
Quantify the ROI of Your Experimentation Program
Quantify the ROI of Your Experimentation ProgramQuantify the ROI of Your Experimentation Program
Quantify the ROI of Your Experimentation Program
 
Agile marketing
Agile marketingAgile marketing
Agile marketing
 
Policy Deployment
Policy DeploymentPolicy Deployment
Policy Deployment
 
A Growth Driven CEO: Critical Elements to the CEO\'s Partnership Strategy
A Growth Driven CEO:  Critical Elements to the CEO\'s Partnership StrategyA Growth Driven CEO:  Critical Elements to the CEO\'s Partnership Strategy
A Growth Driven CEO: Critical Elements to the CEO\'s Partnership Strategy
 
Webinar: The Balanced Scorecard What Does It Mean And How To Implement It
Webinar: The Balanced Scorecard What Does It Mean And How To Implement ItWebinar: The Balanced Scorecard What Does It Mean And How To Implement It
Webinar: The Balanced Scorecard What Does It Mean And How To Implement It
 
Financial realities to strategy (public)
Financial realities to strategy (public)Financial realities to strategy (public)
Financial realities to strategy (public)
 

Mehr von Ramkumar Ravichandran

Advancing the analytics maturity curve at your organization
Advancing the analytics maturity curve at your organizationAdvancing the analytics maturity curve at your organization
Advancing the analytics maturity curve at your organizationRamkumar Ravichandran
 
Advancing Testing Program Maturity in your organization
Advancing Testing Program Maturity in your organizationAdvancing Testing Program Maturity in your organization
Advancing Testing Program Maturity in your organizationRamkumar Ravichandran
 
Prepping the Analytics organization for Artificial Intelligence evolution
Prepping the Analytics organization for Artificial Intelligence evolutionPrepping the Analytics organization for Artificial Intelligence evolution
Prepping the Analytics organization for Artificial Intelligence evolutionRamkumar Ravichandran
 
Social media analytics - a delicious treat, but only when handled like a mast...
Social media analytics - a delicious treat, but only when handled like a mast...Social media analytics - a delicious treat, but only when handled like a mast...
Social media analytics - a delicious treat, but only when handled like a mast...Ramkumar Ravichandran
 
Taming the Data Lake with Scalable Metrics Model Framework
Taming the Data Lake with Scalable Metrics Model FrameworkTaming the Data Lake with Scalable Metrics Model Framework
Taming the Data Lake with Scalable Metrics Model FrameworkRamkumar Ravichandran
 
A/B Testing Best Practices - Do's and Don'ts
A/B Testing Best Practices - Do's and Don'tsA/B Testing Best Practices - Do's and Don'ts
A/B Testing Best Practices - Do's and Don'tsRamkumar Ravichandran
 
Step by Step guide to executing an analytics project
Step by Step guide to executing an analytics projectStep by Step guide to executing an analytics project
Step by Step guide to executing an analytics projectRamkumar Ravichandran
 
A high level overview of all that is Analytics
A high level overview of all that is AnalyticsA high level overview of all that is Analytics
A high level overview of all that is AnalyticsRamkumar Ravichandran
 
An overview of popular analytics toolkits
An overview of popular analytics toolkitsAn overview of popular analytics toolkits
An overview of popular analytics toolkitsRamkumar Ravichandran
 

Mehr von Ramkumar Ravichandran (13)

Advancing the analytics maturity curve at your organization
Advancing the analytics maturity curve at your organizationAdvancing the analytics maturity curve at your organization
Advancing the analytics maturity curve at your organization
 
Advancing Testing Program Maturity in your organization
Advancing Testing Program Maturity in your organizationAdvancing Testing Program Maturity in your organization
Advancing Testing Program Maturity in your organization
 
Prepping the Analytics organization for Artificial Intelligence evolution
Prepping the Analytics organization for Artificial Intelligence evolutionPrepping the Analytics organization for Artificial Intelligence evolution
Prepping the Analytics organization for Artificial Intelligence evolution
 
Social media analytics - a delicious treat, but only when handled like a mast...
Social media analytics - a delicious treat, but only when handled like a mast...Social media analytics - a delicious treat, but only when handled like a mast...
Social media analytics - a delicious treat, but only when handled like a mast...
 
Taming the Data Lake with Scalable Metrics Model Framework
Taming the Data Lake with Scalable Metrics Model FrameworkTaming the Data Lake with Scalable Metrics Model Framework
Taming the Data Lake with Scalable Metrics Model Framework
 
Actionability of insights
Actionability of insights Actionability of insights
Actionability of insights
 
A/B Testing Best Practices - Do's and Don'ts
A/B Testing Best Practices - Do's and Don'tsA/B Testing Best Practices - Do's and Don'ts
A/B Testing Best Practices - Do's and Don'ts
 
Selling Text Analytics to your boss
Selling Text Analytics to your bossSelling Text Analytics to your boss
Selling Text Analytics to your boss
 
Analytics anecdotes
Analytics anecdotesAnalytics anecdotes
Analytics anecdotes
 
Step by Step guide to executing an analytics project
Step by Step guide to executing an analytics projectStep by Step guide to executing an analytics project
Step by Step guide to executing an analytics project
 
A high level overview of all that is Analytics
A high level overview of all that is AnalyticsA high level overview of all that is Analytics
A high level overview of all that is Analytics
 
An overview of popular analytics toolkits
An overview of popular analytics toolkitsAn overview of popular analytics toolkits
An overview of popular analytics toolkits
 
Risk Based Loan Approval Framework
Risk Based Loan Approval FrameworkRisk Based Loan Approval Framework
Risk Based Loan Approval Framework
 

Kürzlich hochgeladen

Digital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfDigital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfNicoChristianSunaryo
 
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...ThinkInnovation
 
Role of Consumer Insights in business transformation
Role of Consumer Insights in business transformationRole of Consumer Insights in business transformation
Role of Consumer Insights in business transformationAnnie Melnic
 
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...Jack Cole
 
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Boston Institute of Analytics
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...ThinkInnovation
 
IBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaIBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaManalVerma4
 
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelDecoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelBoston Institute of Analytics
 
Statistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfStatistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfnikeshsingh56
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBoston Institute of Analytics
 
Presentation of project of business person who are success
Presentation of project of business person who are successPresentation of project of business person who are success
Presentation of project of business person who are successPratikSingh115843
 
DATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etcDATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etclalithasri22
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...Dr Arash Najmaei ( Phd., MBA, BSc)
 

Kürzlich hochgeladen (16)

Digital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfDigital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdf
 
Data Analysis Project: Stroke Prediction
Data Analysis Project: Stroke PredictionData Analysis Project: Stroke Prediction
Data Analysis Project: Stroke Prediction
 
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
 
Role of Consumer Insights in business transformation
Role of Consumer Insights in business transformationRole of Consumer Insights in business transformation
Role of Consumer Insights in business transformation
 
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
 
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
 
2023 Survey Shows Dip in High School E-Cigarette Use
2023 Survey Shows Dip in High School E-Cigarette Use2023 Survey Shows Dip in High School E-Cigarette Use
2023 Survey Shows Dip in High School E-Cigarette Use
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
 
IBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaIBEF report on the Insurance market in India
IBEF report on the Insurance market in India
 
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelDecoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
 
Statistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfStatistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdf
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
 
Presentation of project of business person who are success
Presentation of project of business person who are successPresentation of project of business person who are success
Presentation of project of business person who are success
 
DATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etcDATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etc
 
Insurance Churn Prediction Data Analysis Project
Insurance Churn Prediction Data Analysis ProjectInsurance Churn Prediction Data Analysis Project
Insurance Churn Prediction Data Analysis Project
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
 

Analytics as a Culture Enabler Summit Recap

  • 1. Intended for Knowledge Sharing only Analytics as a Culture Enabler Customer Analytics & Insights Summit Aug 2016
  • 2. Intended for Knowledge Sharing only Disclaimer: Participation in this summit is purely on personal basis and not representing VISA in any form or matter. The talk is based on learnings from work across industries and firms. Care has been taken to ensure no proprietary or work related info of any firm is used in any material.
  • 3. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only https://imgflip.com/memegenerator/
  • 4. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only Culture? What is it after all?
  • 5. IN THE WORDS OF MICHAEL KERR, CREATOR OF HUMOUR AT WORK… Intended for Knowledge Sharing only https://www.youtube.com/watch?v=pajiPqmiPfA&list=LLODSVC0WQws607clv0k8mQA&index=1
  • 6. IN MORE CONCRETE (LESS MELODRAMATIC) TERMS… Intended for Knowledge Sharing only Focus on Company goals Trust, Transparency & partnership- clear Ownership & accountability Put Customer first Innovative & Iterative (Test and Learn) Contribute to the Community and Stakeholders – Knowledge Capital, etc.
  • 7. WHY DOES IT MATTER? Intended for Knowledge Sharing only Focus on Company goals Trust, Transparency & partnership Put Customer first Innovative & Iterative (Test and Learn) Contribute to Community & Stakeholders HAPPY MOTIVATED IMPACTFUL Better realization of current goals plus opens up new opportunities …Culture is the invisible thread that ties everything and everyone together in the journey to making the company truly iconic Morale, Returns, Efficiency, Sustainability & Brand
  • 8. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only But is it always so?
  • 9. RING A BELL? Intended for Knowledge Sharing only https://www.youtube.com/watch?v=LL9em2K_-0U
  • 10. WHAT JUST HAPPENED HERE?? Intended for Knowledge Sharing only Focus on Company goals Trust, Transparency & Partnership Put Customer first Innovative & Iterative (Test and Learn) Contribute to Community and Stakeholders
  • 11. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only What can Analytics do?
  • 12. AT A VERY HIGH LEVEL Intended for Knowledge Sharing only Strategy Formulation, Goal creation & buy-ins Driver relationships & inter-dependencies, Early Warning Indicators and Balance Scorecards Voice of Customer Program: Creation, customization, ownership of Customer Focused metrics & initiatives – NPS, Loyalty, etc. Learn, Listen & Test Program: What worked vs. did not Thought leadership & community learning events
  • 13. REALLY, HOW? Intended for Knowledge Sharing only https://imgflip.com/memegenerator/
  • 14. Intended for Knowledge Sharing only www.theadanswer.com www.flaticon.comwww.aetholdings.com STRATEGY EXECUTION TRANSFORMATION Source:
  • 15. STRATEGY WRAPPER |ILLUSTRATION Intended for Knowledge Sharing only Corporate Business Functional • Define Strategic Goals • Define metrics against Strategic Goals • Define Success metric • Benchmark performance against Competitors & Strategic Goals • Identify Strengths/Weaknesses and create actions • Constant Monitoring of the Key Strategic Metrics • Constant Monitoring of Key Projects to meet Strategic Goals STRATEGY EXECUTION TRANSFORMATION
  • 16. STRATEGY WRAPPER: TOP DOWN|ILLUSTRATION Intended for Knowledge Sharing only Define Strategy for the Business and create metrics to monitor progress against Strategic Goals… 1. Expand the Patient user base a. Awareness and Consideration b. Sign-up Channel performance c. Geo Performance 2. Ensure Top Quality Care for Patients a. #Patients visiting hospitals b. Actual usage of Preventive initiatives c. #Return visits per Patient d. Feedback from Patients – Doctor, Care, etc. e. Uptime of service availability 3. Return per Patient a. Cost of service per Patient b. In Hospital Stay vs. On-call treatment options c. Risk adjusted Premium d. Availability e. NPS 4. Expand Offerings a. Research & Development b. Strategic Tie-ups c. Preventive Healthcare d. Re-insurance Current Month MoM (%) YoY (%) Ownership, visibility & accountability
  • 17. STRATEGY BALANCE SCORECARD|ILLUSTRATION Intended for Knowledge Sharing only Monitor performance of Functions (Product Management, Marketing, Sales & Operations) via Balance Scorecard Approach… Project Description Why? How did you arrive at Why? Exp Impact on Strategic Metrics Level of Effort Status/ Actuals ActionETA Product Management Marketing Sales Operations Finance Risk Expected & Actual impacts from all projects are then rolled up to get total impact and then compared against Annual Corporate Goals - Envision new projects/reprioritize efforts on live ones to meet goals …Balance Scorecard is regularly updated/monitored to check progress against Goals and requisite actions are taken
  • 18. THE EXECUTION FRAMEWORK: LEARN, LISTEN & TEST Intended for Knowledge Sharing only 18 Strategy Data Instrume ntation Data Platform Reportin g Analytics Research Test & Optimize Data Products Iterative Loop Focus on Big Wins Reduced Wastage Quick Fixes Adaptability Assured execution Learning for future initiatives STRATEGY EXECUTION TRANSFORMATION
  • 19. THE TRANSFORMATION 19 Efficiency Metrics Employee Engagement Metrics Business Metrics The holy grail STRATEGY EXECUTION TRANSFORMATION Intended for Knowledge Sharing only
  • 20. …HOW TO GET TO THE HOLY GRAIL 20 PEOPLE • Equip PMO organization with data & analytics capabilities • Design Thinking Focused • Cross Functional ownership • Employee Engagement Survey + Business Results+ Quantitative Analyses of operational metrics (Voice) PROCESS • Retrospective Learning but Forward looking • Goals: Cultural metrics, business metrics apart from efficiency metrics • Balance Scorecard as a part of internal Knowledge Management • External Learning & Knowledge Sharing Strategy • Iterative Learning & Co-development of Analytics TECH • Design Thinking Tools • Data Instrumentation, Collection & Analyses Capable CULTURE • Business Enablement • Customer Needs Focused • Entrepreneurial Intended for Knowledge Sharing only
  • 21. NO, IT’S NOT EASY… 21 https://imgflip.com/memegenerator/ Intended for Knowledge Sharing only
  • 22. CHALLENGES Intended for Knowledge Sharing only Education- knowing what is Analytics & how it can help Trust in the effectiveness Support & Investment Legacy hangover Not what my boss wants …basically don’t be a “smart-ass” who tells me what to do
  • 23. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only Putting it all together
  • 24. NEEDS FOR IT TO BE SUCCESSFUL… Intended for Knowledge Sharing only 1 Executive Support & Sponsorship 2 Design Thinking across various organizational business units (BU) 3 Proof of Concept followed by individual BU buy-in 4 Employee Engagement Survey -> “Voice” program bringing together efficiency metrics, business output, culture metrics followed by deep dive analyses & action plan (Test & Learn) 5 Knowledge Capital Vision & gameplan
  • 25. THE WRAP UP 25 • “Know” Culture is a worthy “high Risk, high Reward” investment • “Must have” clarity of vision and ownership • “Ensure” engagement of all stakeholders with the vision • “Develop” ‘learn-listen-test-learn’ framework • “Prepare” for ever evolving value systems Intended for Knowledge Sharing only
  • 26. Intended for Knowledge Sharing only Quick recap of what it is Intended for Knowledge Sharing only Appendix
  • 27. THANK YOU! Intended for Knowledge Sharing only Would love to hear from you on any of the following forums… https://twitter.com/decisions_2_0 http://www.slideshare.net/RamkumarRavichandran https://www.youtube.com/channel/UCODSVC0WQws607clv0k8mQA/videos http://www.odbms.org/2015/01/ramkumar-ravichandran-visa/ https://www.linkedin.com/pub/ramkumar-ravichandran/10/545/67a RAMKUMAR RAVICHANDRAN 27 https://www.linkedin.com/in/niranjansivaraman NIRANJAN SIVARAMAN
  • 28. Intended for Knowledge Sharing only Disclaimer: Participation is purely on a personal basis and does not represent VISA,Inc. in any form or matter. The talk is based on learning from work across industries and firms. Care has been taken to ensure no proprietary or work related info of any firm is used in any material. Director, Insights at Visa, Inc. Enable Decision Making at the Executives/ Product/Marketing level via actionable insights derived from Data. RAMKUMAR RAVICHANDRAN Data Analytics Engineer. Data Architecture & Reporting Solutions to enable Decision Making NIRANJAN SIVARAMAN