Are You Harnessing the Full Power of Your Team?
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Did you know, 86% of employees and executives cite lack of collaboration or ineffective communication for workplace failures? In order to grow your business, it is important to not fall into this trap.
Working collaboratively as a team offers so many benefits including a wider range of insights, a large skill pool, a wide range of experiences to pull and learn from, and the knowledge of an entire team.
After accepting that team collaboration is key to business success as a whole, we can then narrow our focus to team collaboration as it relates to data. The amount of data available to businesses of all sizes grow daily. This sheer amount of information makes it necessary to have multiple sets of eyes on the data. 65% of failed data science projects can be traced back to a lack of collaboration between team members resulting in poor operationalization.
“65% of failed data science projects can be traced back to lack of collaboration between team members.”
To see how your small business can harness the full power of your team, we must answer a few key questions:
- What are the benefits of collaboration in analytics?
- How can Sunsett.io help with team collaboration?
What are the benefits of collaboration in analytics?
In order to successfully harness the full power of team collaboration, we must dive deeper into the full benefits it provides to data analytics.
Team collaboration aids in the discovery of all available data. As we have acknowledged, data is continuously growing in volume across a variety of sources and systems. When working as a team, it is earlier to identify what data is readily available to an organization. For example, marketing can help identify data from social media, email campaigns and web traffic while sales has powerful insights into customer trends found in the CRM and other sales software. When working collaboratively across departments, a business can more easily identify valuable data and put a higher percentage of relevant data to use.
With team collaboration, data can be better used. The more people working on data, there is greater the likelihood that a larger percentage of relevant data will be used. Bringing together the skills, experiences, and knowledge of a group will increase the potential insights into that data.
Team collaboration is also key in making a business more adaptable. When the entire team is working towards the same goal, it makes it easier for them to prepare for any situation that might arise and react quickly when they do.
Team collaboration allows for faster insights. In order to be competitive, it is important that small businesses take advantage of data insights at a rapid pace in order to stay ahead of the competition. When an entire team is working towards the same goal, we can more quickly bring relevant information, knowledge, and perspectives allowing for a much quicker speed to insight.
“Collaborative teams perform five times more than non-collaborative teams because they feel motivated towards a common goal.”
How can Sunsett.io help with team collaboration?
Simple and easy-to-use tools, like Sunsett.io, are key in helping small to mid size businesses easily and efficiently utilize team collaboration. Sunsett.io provides an affordable option for small businesses to visualize their data and see their performance updates in real-time.
With Sunsett.io you and your team will have multi-collaborator access, in-platform notifications and shareable email performance updates to keep your team on track.
Inside Sunsett.io, powerful marketing analytics, data visualizations, personalized insights, and team collaboration tools help to save you time, and resources and grow your business. Sunsett’s personalized insights give businesses quick tips and metric suggestions based on your connected platforms and project goals.
Visit Sunsett.io and start a free 7-day trial and see how Sunsett can help you and your team work more collaboratively and turn your data into actionable insight and help your small business grow with confidence.
Find value from today’s article? Leave a comment below or sign-up for the Sunsett.io by Monicat Data platform at Sunsett.io