Thumbnail

4 Ways Data Influences Priority-Setting Decisions

4 Ways Data Influences Priority-Setting Decisions

Imagine transforming overwhelming data into strategic decisions that propel your business forward. In a unique discussion with industry leaders like the CEO and CRO, discover actionable strategies shaped by data. From redesigning the onboarding process for better engagement to improving onboarding to reduce employee turnover, these four expert insights offer a comprehensive guide. Explore how harnessing data triggers impactful changes in varying departmental approaches.

  • Redesign Onboarding Process for Better Engagement
  • Allocate Resources to Successful Campaigns
  • Prioritize Emergency Calls During Storm Season
  • Improve Onboarding to Reduce Employee Turnover

Redesign Onboarding Process for Better Engagement

At Carepatron, data and analytics are central to how we prioritize decisions within our department. We closely track key performance indicators, such as user engagement, churn rates, and customer feedback to ensure we're focusing on initiatives that have the greatest impact.

One example of how data influenced our focus is the improvement of our onboarding process. Through analyzing sign-up data and user-activity metrics, we noticed a significant drop-off at the early stages of customer onboarding. While initial sign-ups were strong, many users weren't fully activating or using key features of the platform.

In response to this insight, we redesigned the onboarding flow to be more intuitive and added personalized guides for new users. After implementing these changes, we tracked a measurable increase in sign-up activation rates and overall user engagement, which led us to further optimize this area. This data-driven approach allowed us to allocate resources effectively and focus on enhancing the customer experience where it was most needed.

Jamie Frew
Jamie FrewCEO, Carepatron

Allocate Resources to Successful Campaigns

In my department, we utilize analytics for sales-pipeline analysis. This process aims to track conversion rates at various stages of the sales funnel to help us make informed priority-setting decisions.

An excellent example of how analytics has influenced my department's focus is informing the decision to allocate more resources to specific marketing campaigns. With the help of analytics, we routinely evaluate the performance of different marketing campaigns running at various times. If the data show that a particular campaign has a higher rate of conversions, we dive deeper to analyze why it is so successful.

Once we have identified the reason behind a marketing campaign's success, we allocate more resources to enhancing that specific campaign or targeting similar customer profiles.

Steve Yang
Steve YangCRO, TrackingMore

Prioritize Emergency Calls During Storm Season

At Ponce Tree Services, we use data to track customer inquiries, service requests, and tree health patterns in different areas to prioritize our work. For example, during storm season, we analyze the frequency of emergency calls related to tree damage, allowing us to focus on areas most affected by severe weather. This data-driven approach ensures that we are efficiently allocating resources and addressing urgent needs first. By staying responsive to trends, we can better serve our customers and maintain safety across the DFW region.

Amaury Ponce
Amaury PonceBusiness Owner, Ponce Tree Services

Improve Onboarding to Reduce Employee Turnover

In my coaching practice, data plays a crucial role in helping business owners prioritize areas that need attention. We use a combination of financial metrics, customer feedback, and productivity data to inform our decision-making. For example, one of my clients was struggling with high employee turnover, which was impacting productivity and profitability. By analyzing retention data and exit interviews, we identified that the root cause was inadequate training and onboarding processes. Based on these insights, we focused on improving the onboarding experience, which not only reduced turnover but also increased employee engagement and overall output.

This approach ensures that decisions are not based on guesswork but grounded in measurable evidence that drives results.

Ronald Osborne
Ronald OsborneFounder, Ronald Osborne Business Coach

Copyright © 2024 Featured. All rights reserved.