Building a data-driven company starts with having a data analytics strategy. An effective data analytics strategy relies on three key components: people, processes, and data infrastructure. This ensures that your analytics strategy is actionable and accessible to everyone who needs it to make decisions. In this post, we’re sharing 12 tips to help you develop an effective data analytics strategy.

Whether you’re a leader, manager, or individual contributor, chances are you need to keep a close eye on a handful of key metrics. If you’re the Sales leader, it might be KPIs like Leads, SQLs, and Close Rate. If you’re running paid ads, it might be Total Ad Spend or Cost Per Conversion. Of course, you can view these metrics on dashboards and get updates through automated reports.

To see what Databox can do for you, including how it helps you track and visualize your performance data in real-time, check out our home page. Click here. “How are we doing?” You want to know how your company (or team) is performing. Are you trending up or down? What’s the improvement from last month? What’s going well, and what should we pay attention to? In short, “How are we doing?” The question is simple and straightforward. The answer isn’t.