Last week I published this cartoon on LinkedIn. It went instantly viral: Tokens spent (as well as the other metrics shown) are of course not meaningless, but everyone got the joke: The latter point generated some interesting conversation. One commenter threw the ball back into my court: “Great point. The harder question remains. What are […]
Data is the lifeblood of product companies, but with access to lots of information come big challenges. Our brains were not designed to process large amounts of facts and figures and cognitive biases may kick in to create a simplified, and often wrong, narrative based on a few salient data points. We’re also tempted to
Imagine finding yourself in an elevator with your CEO or top investor. After a brief hello she lands the big question on you: “How is the product doing?” You have 30 seconds to answer. A simple “all good” won’t cut it — you need numbers. Your mind runs through your dashboard. Each metric conveys a
The Three True-North Metrics that Your Product and Business Need Read More »
The free and powerful tool statisticians love Data is now the lifeblood of any successful business. In this short article I’ll try to show how you can do powerful data analysis quickly and with relatively low effort using the open-source R programming language. Spreadsheets are nice, but R will take your data analysis skills to