Traditionally big data has been measured in terabytes. But why focus on size, when it is impact that leaders really care about?
Pitstop Analytics™ leverages big data in areas that directly impact on success. It quantifies the business impact of new options and strategies in respect of performance, talent, strategy execution and change.
Here are some examples of how Pitstop Analytics™ delivers Big data with a Real impact.
Performance: 37% Potential
The CEO of a global subsidiary discovers that the organization’s people are operating at just 63% of their full potential.
‘Imagine what we could achieve by tapping into the missing 37%’ she tells her leadership team. Followed by a warning; ‘…imagine what will happen if we don’t!’
Talent: Revealing $3.1 m Waste
The most lean and efficient business unit in a global corporation discovers an unexpected source of waste. Time lost due to ineffective internal meetings and poor collaboration generally.
The bill for wasted time alone was put at $3.1 million annually. But the opportunity cost was estimated at multiples of that figure.
Change: 45% Ready to Adapt
Could one of the industry’s oldest players sustain its success despite sweeping changes in technology, channels & competitors?
The data left no room for complacency. On a 10-point agility scale, the score was a worrying 4.5. But the data revealed a strong desire for change…
Strategy: 33% Execution Gap
The goal was to double turnover within 5 years. But there were whispers about the organization’s readiness to execute the leadership team’s new strategy.
The data illuminated a 33% gap between strategy and execution. Clearly, bringing the vision to life would require more work.