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How To Build A Data-Driven Business (with Cedric Chin) | Ep. 28
Manage episode 420823799 series 3531733
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"If you're asking for swimming advice, you don't go and talk to someone who has never swum before. You go talk to an Olympic swimmer."
Join Johnny (@johnnypage13) and Matt (@mattverlaque) as they sit down with Cedric Chin, the genius behind Commoncog.com - an industry leading blog that helps founders accelerate business expertise.
in this episode, Cedrics breaks down the concept of believability and its importance in decision-making, as well as the process of becoming data-driven in business.
He also shares his insights on scaling businesses, working with data, and operations. After this episode you should improve your intuitive decision-making and learn how to truly embrace the data-driven decision-making in business.
00:00 The Importance of Believability in Decision-Making
06:32 Becoming Data-Driven: Understanding Routine and Exceptional Variation
13:37 The Amazon Method: Statistical Process Control and WBR
23:43 Building an Appreciation for Data-Driven Decision-Making
28:33 Accelerating Revenue Growth and Pursuing Business Outcomes
29:29 The Transition to Data-Driven Decision-Making
32:22 The Process Control Worldview
33:20 Debating Summary Metrics in Business
57:31 The Role of Data Tools in Operational Excellence
59:29 The Causal Model of Business Metrics
01:01:55 The Importance of Knowledge in Business
01:20:00 Understanding the Growth Loop and Iterative Improvement
Check out Cedric on:
➤ Commoncog: https://commoncog.com/
➤ Twitter: https://x.com/ejames_c
➤ LinkedIn: https://www.linkedin.com/in/cedchin/
👉🏻 Want a 3-step action plan to help scale your SaaS? [Book a FREE growth session](https://www.saasacademy.com/scalenow?....
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➤ Follow Matt Verlaque on: [Instagram]( / mattverlaque ) | [LinkedIn]( / matt-verlaque )
➤ Follow Johnny Page on: [Instagram]( / johnnypage13 ) | [LinkedIn]( / johnnypage )
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