In today’s world, data is everywhere. But

how do we know if our data team is really making a difference?

Let’s break it down in simple terms.

The Big Idea

When we talk about measuring a data team’s impact, we’re looking at how their work helps the whole company do better. It’s not just about fancy charts and numbers – it’s about real results.

Four Key Areas to Watch

I think there are four main things we should look at:

1. Time Saved
   • Getting numbers right the first time:
     • This means less time fixing mistakes later.
   • Giving time back:
     • How much time do other teams save because of good data?
   • Getting things right from the start:
     • How often does the data team nail it on their first try?
2. Money Made or Saved
   • Decisions with data as a product:
     • Does the company make money by its data products or decisions from its data product ?
   • Helping other teams make money:
     • Do other teams earn more because they have good data products and data team ?
   • Working well with partners:
     • Does good data team help the company work better with other businesses?
   • Winning new customers:
     • Does the data team help close deals?
3. Avoiding Problems
   • Stopping bad things from happening:
     • How much money does the company save by avoiding mistakes?
4. Making People Happy
   • Do people like working with the data team?
   • Are there fewer questions and problems over time?

Wrapping Up

To really show how important a data team is, we need to look at all these areas.

It’s not just about the data itself, but about how it helps the whole company do better.

So, next time someone asks,

“What does our data team actually do?”

you’ll have plenty of examples to share!

What do you think? How does your company measure the impact of its data team? Do you have any success stories to share?

Let us know in the comments!