The Daily Review

The Daily Review


Building a Data-Driven Team for Your Business

How to build a data-driven team

Technologist Douglas Merrill once said, “Big data isn’t about bits, it’s about talent.” In the modern age of business, every decision that a company makes is based on factual data. Data is defined as, “facts and statistics collected together for reference or analysis.” Allowing companies to improve business processes, data keeps them from wasting both time and money.

When it comes to data collection and analyzation it helps to have a data-driven team, making the process smoother. Now you might be thinking, “why do I need a data-driven team when I already have an automated system that does everything for me?" We are currently not a point, technologically, where an automated system can out-perform well-equipped people.

Now comes the fun part, the part where you, as the employer, get to assemble the perfect data-driven team. When you’re looking at candidates, make sure you look for people that are going to be able to be shared across multiple departments and can focus on longer-term collaborations. Try to hire outside expertise when you're looking to fill difficult roles. Most of the time, people from outside of the company will be able to bring better insights as to how to fix certain situations, over those who have been hired from within.

Assembling the Team

The Driver

This Image serves as The Driver

The Driver is someone who needs to "drive the car to win the race." The Driver can read data straight from the dashboard, to execute a broader strategy. While The Driver makes congruent decisions, they can make on-the-fly updates to react to the data at hand. All of the data should be close to real-time and must be concise for The Driver to work efficiently.

The Optimizer

This Image serves as The Optimizer

The optimizer works side by side with The Driver, telling them when to speed up and when to slow down. The Optimizer compiles raw data and overlays that information over a data map. They also compile prior data so they can figure out where to make future adjustments so they meet future goals. Data needs to be both detailed and historical for The Optimizer to work efficiently.

The Engineer

This Image serves as The Engineer

The Engineer adds critical features to the project, keeping The Driver safe while making the car go faster. This person compiles raw data, tunes parts, creates replacement parts, and adds appropriate sensors for the driver. The data needs to be as detailed as possible for The Engineer to work efficiently.

The Owner

The Owner

When it comes to the owner, there is a possibility that the person in this position used to be the Driver. The Owner cares about wins and losses while defining the strategic goals with other executives. The data needs to be high-level for The Owner to work efficiently.

Team Structure

When it comes to team structure, you need to check to see if your business is in a sound state. If it isn't, then that means that you need to hire drivers. Your team will be shared across departments, so you need to make sure they have the proper tools they need to do their jobs efficiently. If you have questions about establishing a healthy work environment, you should consult your HR department.