What is important to you? That is an important question and your answer(s) to it usually defines how you live your life. But what about “What is important to you professionally in your career?” Do the answers to that question define how you work, where you work, and what you do with your work? With record employment levels across the country, companies may find it more difficult to retain quality staff. For employees that aren’t getting the answers to those questions met in their current role, they are empowered to find it elsewhere.
So how does this have to do with data and business intelligence?
Well, think about this, how many wish you had more spreadsheets to dig through in your job? Would another 15 Excel worksheets make your job satisfaction go up? I’m willing to bet NO ONE looks for a job where they can work MORE in Spreadsheets and put together MORE reports that no one looks at. In my experience, building repetitive spreadsheets for reports is a job satisfaction killer.
Domo is a business management platform that can help your company reduce that daily/weekly/monthly spreadsheet reporting building nightmare. Employees don’t want to feel like they are working on a report building assembly line. They want to do what you are paying them to do. Which should be to analyze data, make more informed decisions, and make your company and your clients more money.
Independence from Spreadsheets and the Status Quo
I worked with a company a few years ago, they were doing what many companies continue to do, which is have a team of people that spend a good portion of their workweek building reports. And they had multiple job openings for other people to come in and do the same thing. The math around this looked like this: More clients = More reports = More staff. It makes sense on the surface, but then they decided to break that routine and bring in Domo. They realized with that equation they were seeing less Analytics, less Error Checking, and less Visualization because they were just trying to keep up.
Within 3 months they were able to cancel the hiring requisition for the 3 additional staff members. Job satisfaction on their team went up. The visualizations they were now showing to clients lived up to company standards. And they were able to reduce their weekly status calls from 2 hours down to 30 minutes because they were Data-Driven meetings now On top of that, they were able to house this data at Domo so no need to hire additional IT staff to secure it.
In the example I mentioned above, after Domo they moved the 20 hours/week/employee that was going to building reports over to revenue-generating activities. The success of that first launch caused other departments to want a piece of that success. Within a year the entire company was on board with Domo. And this scenario is not an anomaly. I’ve heard it from the companies I’ve personally worked with and from employees at Domo companies. This is your way to increase staff job satisfaction, possibly reduce the hiring requisitions you have open, AND get the tool to make better decisions for your bottom line.
What would this scenario look like at your company?
How many hours and money are you wasting each day building ugly, hard to read, and repetitive reports? Do you have roles that look more like “Spreadsheet Junkie” instead of “Critically Important Data Analyst”? If so it may be time for you to go from More Clients = More Reports = More Staff to More Clients = More Analysis = More Revenue too.