Companies across the country are investing in data and how to harness it, yet some continue to struggle with using that data to tell their story. That means they’re missing the opportunity to create transparency within their organization and, most notably, the chance to exercise their authority through the contextual awareness their data can bring.
In this episode, host Aaron Schoenherr and Narrative Science President Nick Beil discuss going beyond the dashboard and into data, the relationship between transparency and authority and data overload in the age of COVID.
Episode Highlights:
1:17 – Nick provides his background and introduces his company, Narrative Science.
2:32 – Nick discusses if hard data or the stories behind those numbers carries more authority.
4:10 – An in-depth example of how contextual data is more powerful than data on its own, particularly within the COVID-19 pandemic.
8:09 – Analysis of how busy executives prefer to receive their data.
10:25 – Aaron and Nick discuss the relationship between transparency and authority, and the role trust plays.
14:00 – Nick gives examples of industries that are ahead of the curve with their data strategy and highlights which industries are lagging.
16:55 – Nick provides insight into how he gets organizations that are behind the curve to reconsider their data strategy.
19:02 – Discussion about potential data overload amid the COVID-19 pandemic.
20:50 – Aaron and Nick discuss organizations and leaders who have demonstrated true authority during the pandemic.
