In this post: Data Driven Cultures in startups should be better at prospection than other cultures. Data Driven Cultures Carl Anderson, 2015 (Data Scientist at Warby Parker) defines a data driven culture as: Is continuously testing; Has a continuous improvement mindset; Is involved in predictive modeling and model improvement; Chooses among actions using a suite of weighted variables; Has a culture where decision makers take notice of key findings, trust them, and act upon them; Uses data to help inform and influence strategy. Prospection There is tremendous variation in how people think about the future. There’s a lot of variation in how people think about how people think about the future. If I were to use a very strong magnet[…]
Month: April 2016
In this post: Data Driven Cultures in startups should discover product-solution-market fit more reliably than Ego Driven Cultures Data Driven Cultures Carl Anderson, 2015 (Data Scientist at Warby Parker) defines a data driven culture as: Is continuously testing; Has a continuous improvement mindset; Is involved in predictive modeling and model improvement; Chooses among actions using a suite of weighted variables; Has a culture where decision makers take notice of key findings, trust them, and act upon them; Uses data to help inform and influence strategy. Startups A startup is defined as an experiment looking for a problem-solution-market fit. The goal of a startup is to become a business. To do that, it must discover a market, a subset of people[…]