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Data Driven Decisions metrics and KPIs

What are Data Driven Decisions metrics?

Identifying the optimal Data Driven Decisions metrics can be challenging, especially when everyday tasks consume your time. To help you, we've assembled a list of examples to ignite your creativity.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

Find Data Driven Decisions metrics with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI metrics generator below to generate your own strategies.

Examples of Data Driven Decisions metrics and KPIs

Metrics for Data Driven Teams

  • 1. Data Accuracy Rate

    Percentage of data entries without errors. Calculated as (Number of accurate entries / Total number of entries) * 100

    What good looks like for this metric: 95-98%

    Ideas to improve this metric
    • Implement data validation rules
    • Regularly audit data entries
    • Train team on data entry best practices
    • Utilise automated data entry tools
    • Standardise data formats

  • 2. Data Utilisation Rate

    Proportion of collected data actively used in decision-making processes. Calculated as (Number of data-driven decisions / Total decision counts) * 100

    What good looks like for this metric: 80-90%

    Ideas to improve this metric
    • Encourage data-driven culture
    • Implement decision-making frameworks
    • Regularly review unused data
    • Integrate data into daily workflows
    • Provide training on data interpretation

  • 3. Data Collection Time

    Average time taken to collect and organise data. Calculated as the total time spent on data collection divided by data collection tasks

    What good looks like for this metric: 2-3 hours per dataset

    Ideas to improve this metric
    • Automate data collection processes
    • Streamline data sources
    • Provide training on efficient data gathering
    • Utilise data collection tools
    • Reduce redundant data fields

  • 4. Data Quality Score

    Overall quality rating of data based on factors such as accuracy, completeness, and relevancy. Scored on a scale of 1 to 10

    What good looks like for this metric: 8-10

    Ideas to improve this metric
    • Conduct regular data quality assessments
    • Implement real-time data monitoring
    • Utilise data cleaning tools
    • Encourage feedback on data issues
    • Adopt data governance policies

  • 5. Data Sharing Frequency

    Number of times data is shared within or outside the team. Calculated as the number of data sharing events over a specific period

    What good looks like for this metric: Weekly sharing

    Ideas to improve this metric
    • Create data sharing protocols
    • Utilise collaborative data platforms
    • Encourage data transparency
    • Regularly update data repositories
    • Streamline data access permissions
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Implement these metrics

Tracking your Data Driven Decisions metrics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

Tability Insights DashboardTability's check-ins will save you hours and increase transparency

More metrics recently published

We have more examples to help you below.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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