Getting Your Data in Shape: A Guide to Better Data Prep for Analysis

Post on 15-Feb-2017

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Transcript of Getting Your Data in Shape: A Guide to Better Data Prep for Analysis

It’s Time to Get

Your Data in Shape

insights from

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Which tasks do you spend the bulk of your time on at

work every day?

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Most business analysts spend 50-80% of their time preparing

their data for analysis.

This includes pulling, cleansing, manipulating,

and formatting their data.

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This leaves them with only 20-50% of their timeto focus on actual analysis

and uncover actionable insights.

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Here are 5 tips to help you:

1. Reduce time spent in data preparation

2. Get your analysis in shape3. Uncover actionable insights faster4. Enhance efforts for profit

improvement

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Outline a path from your current situation to your goal

situation.

Use this as a reference tokeep yourself from veering

off course or giving up.

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Questions to consider:

What shape is yourdata in now?

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What shape does yourdata need to be in for maximum analysis time

and minimal data cleansingeach reporting period?

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How can you maintainthese clean data standards?

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What are checkpoints that can serve as

benchmarksfor your progress?

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Build and distribute a metricguide for your colleagues.

This ensures all reporting anddata contributions become

and remain consistent.

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Consistent data updates

=Successful data analysis

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For some companies this means data pulls once a week.

For others, it’s once a day.

Don’t procrastinate!

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4. Circle Back forProgress Checks

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Revisit your data management program at your scheduled checkpoints in your plan.

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What data is still taking you

a long time to prepare?

Why?

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What processes can youstreamline further?

What’s working?

What isn’t?

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Are you saving yourself time yet?

How much more time haveyou given yourself for

analysis?

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It’s time to dump yourmassive spreadsheets tool.

Instead, use your BI software

to compile your data andformat it for analysis.

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KiniMetrix simplifies your data uploadand management process.

The cloud-based analytics also illuminates opportunities for profit

improvement quickly.Click here to view a video demo

and see KiniMetrix in action.

Start Getting Your Data in Shape Today