Mergeyourdata
Technical blockers are shrinking, strategy and adoption of processes is more critical than ever.
We've been thinking of how this will grow the value we provide for clients and how the timeframe to impact is shrinking rapidly.
What's really bothered me over the years with my field (data)... is the feeling of "so what does it really mean/change".
I've been fortunate to have huge projects where the impact is super apparent (millions of dollars saved after identifying ad attribution a vendor was using over years, 100+% growth in revenue 3 months after identifying the highest converting cohorts for a startup).
But also have had many where the solutions are built and they're unused or we look at them and say "so now what"?
And I think it's because some of these projects are ones that are inherently convergent with singular solutions (tracking/monitoring data). While the high value ones are divergent with many potential solutions to a problem (why is this ad platform ROI so low).
I heard the terms CONVERGENT vs. DIVERGENT thinking pop up in a video that was shared with me by Alex Hormozi (bring out the pitchforks 🔱🔥🪧).
It's a common distinction that was coined in the 1950s by a psychologist. And it reminded me of why Data Analytics is misused and hard to get right. Especially in technical organizations like many Manufacturers.
Many engineering problems in manufacturing can be solved with convergent thinking (a singular correct solution to a problem). You know your inputs and your desired outputs. You can tweak some variables to get the desired output.
And that certainly isn't incorrect in any way. It just can be hard to get out of that mindset when you need to.
With data you need convergent thinking to build those dashboards for monitoring things. Things like OTD, revenue, OEE, and other KPIs to keep an eye on.
But to be "data driven" and give high impact analytics, you need to think divergently (coming up with many potentially correct solutions that can be chosen from).
And it's actually a cycle.
1. You use convergent thinking to define a problem. e.g. our OEE is too low
2. You use divergent thinking to get data around Availability, Performance, and Quality. This data gives potential solutions to fix that bad OEE metric.
3. You use convergent thinking to choose the solution that the data suggests gives the best and biggest chance of success.
4. You implement the solution, and use divergent thinking to gather data on all the potential downstream impacts of the change.
5. If it didn't work or something negative and unexpected happened (e.g. Availability improved but Quality dropped), you use convergent thinking to narrow in on the problem again. AKA start back at 1.
If you get stuck at the Convergent thinking stage, you end up asking "so what" when talking data.
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Website
Address
1419 E. Robinson Street
Orlando, FL
32801