How to Measure Success and Demonstrate ROI of Data Projects

How to Measure Success and Demonstrate ROI of Data Projects

Author: Brick Thompson, Jon Thompson, Caleb Ochs, Landon Ochs November 15, 2023 Duration: 12:56
In this episode, Brick and Caleb discuss how to demonstrate the value and return on investment (ROI) of data initiatives. They explore practical ways to quantify ROI, from automating manual effort to improving decision-making processes. Brick and Caleb also share real-world examples including the impact of increasing employee utilization on a company's bottom line. They discuss the importance of measuring performance before and after the implementation of data projects, the potential p...

Every other Thursday, The Dashboard Effect cuts through the noise around business data. Host Brick Thompson of Blue Margin sits down with operators and leaders who are actually using analytics to steer their companies, moving beyond theory to the tangible realities of implementation. This isn't about abstract concepts; it's a focused discussion on building clarity and accountability through dashboards and reporting that people actually use. You'll hear specific stories about the hurdles mid-market and private equity-backed firms face when trying to make data-driven decisions a daily habit, not just an aspiration. The conversations in this podcast are built for leaders who need practical frameworks, whether it's about selecting the right metrics, fostering a data culture, or justifying the investment in business intelligence tools. Each episode aims to simplify a complex landscape, providing listeners with a clearer path to turning their information into a strategic advantage. Tune in for grounded advice that translates data from a potential asset into a genuine driver of business performance.
Author: Language: en-us Episodes: 100

The Dashboard Effect
Podcast Episodes
Watch Out for These Data Model Red Flags [not-audio_url] [/not-audio_url]

Duration: 9:12
Brick and Caleb discuss the importance of data modeling and good DAX in Power BI, highlighting common mistakes that can lead to poor report performance. For fast and efficient reporting, you need a sound data model that…
Blueprints for Building an Internal BI Team [not-audio_url] [/not-audio_url]

Duration: 15:58
(This episode is a re-release, but the content is still just as relevant as it was the first time around!) Brick and Caleb discuss the complexities of building an in-house BI department. In addition to sharing their firs…
How to Use Leading and Lagging Metrics for Better Business Agility [not-audio_url] [/not-audio_url]

Duration: 12:06
Brick and guest co-host Greg Brown explore the dynamic between leading and lagging indicators in BI reporting. They share challenges and strategies for integrating these metrics to enhance operational efficiency and fina…
Behind the Scenes in Power BI: Tips to Streamline Data Modeling [not-audio_url] [/not-audio_url]

Duration: 8:55
This week, Brick and Caleb get a bit technical and discuss how to improve Power BI report performance through effective semantic modeling and minimizing data transformation with Power BI. They unpack the challenges of ma…
How to Democratize Data and Avoid the Chaos of Data Sprawl [not-audio_url] [/not-audio_url]

Duration: 8:30
Brick and Caleb explore the balance between empowering analysts with data access and the governance required to prevent data sprawl and maintain integrity and consistency across reports. They provide strategies for enabl…
Laying the Groundwork for Gen AI in Business Analytics [not-audio_url] [/not-audio_url]

Duration: 8:56
Brick and Caleb explore the steps businesses must take to prepare their data for the inevitable integration of generative AI analytics. They use this episode to explain the "why" behind data consolidation and semantic la…
The Layman's Guide to Data Terminology: Part Three [not-audio_url] [/not-audio_url]

Duration: 11:40
This episode is the third installment of Brick and Caleb's series on breaking down data terminology. They cover foreign and primary keys, data lakes and data lakehouses, parquet and delta parquet files, ETL and ELT, and…
The Layman's Guide to Data Terminology: Part Two [not-audio_url] [/not-audio_url]

Duration: 10:43
This episode is the second installment of Brick and Caleb's series on breaking down data terminology. They cover Kimball data warehouse methodology, fact/dimensional tables, star vs. snowflake schemas, and data models vs…
The Layman's Guide to Data Terminology: Part One [not-audio_url] [/not-audio_url]

Duration: 9:36
This episode is the first installment in a series of episodes that will serve as a primer on the key terms and technologies surrounding data management. Brick and Caleb begin with the fundamental differences between tran…