Data-driven decision-making: 5 ways to use data analytics to drive business growth artwork
Predictable B2B Success

Data-driven decision-making: 5 ways to use data analytics to drive business growth

  • E391
  • 55:58
  • September 20th 2023

Are you ready to unlock the secrets of successful B2B marketing and business growth? In this episode of Predictable B2B Success, host Vinay Koshy sits down with the renowned guest, Mark Stouse, an expert in marketing, data science, and collaboration. Prepare to be fascinated and intrigued as Mark takes us on a journey through the annals of history, discussing the contrasting approaches to innovation in 15th-century Italy and Germany.

But this episode isn't just about history. Mark dives deep into the pressing issues facing Chief Data Officers (CDOs) and data science teams in today's rapidly changing business landscape. They discuss the challenges of providing timely and actionable insights, the subordination of data science teams to finance, and the evolving role of technology in decision-making. 

Get ready to discover how Proof, Mark's groundbreaking analytics platform, is revolutionizing how businesses make predictions and optimize their choices to facilitate growth in a business. Learn about the importance of clean, accurate data in lean data applications, the impact of collaboration on problem-solving, and how aligning customer beliefs with data can drive success. 

If you're ready to gain a fresh perspective on business growth and elevate your decision-making with analytics, then this episode is a must-listen. Join us as we unravel the mysteries of marketing, data science, and collaboration in this captivating episode with Mark Stouse.

Some areas we explore in this episode include:

  • The Historical Study of Innovation in 15th-century Italy and Germany
  • Challenges faced by CDO communities in providing data insights and analytics
  • Subordination of data science teams to finance teams
  • The Proof platform and its capabilities in providing analytics and regression modeling
  • The need for better predictions and decision-making in the current era of change and volatility
  • The role of Proof as a GPS-like platform for tracking and optimizing choices based on forecasts and real-time data
  • The importance of collaboration between analysts and business users in utilizing analytics
  • The limitations of traditional marketing mix modeling and the solutions provided by Proof
  • The shortcomings in forecasting accuracy in B2B companies and the lack of discipline in analytics knowledge
  • The speaker's experience in collaborating with data scientists and the importance of perspective in utilizing analytics.
  • And much, much more.

Predictable B2B Success

The Predictable B2B Success podcast is about creating predictable growth in a business. This is a podcast for founders, business owners, and marketing and sales executives.

In each podcast episode, we unpack an aspect of creating business growth predictably. We look at how we can expand our influence and strategies to boost sales through the creation of remarkable experiences, empathetic content, and conversations.

Each episode features an interview with a founder, sales or marketing executive, or thought leader in the B2B space. We might be bringing on well-known authors or hosts of popular podcasts but most importantly you’ll hear from those who have hands-on experience in creating predictable B2B success. Through each episode, we’ll be helping you explore the best ways to create predictable purpose-driven growth of a business and sustainable revenue growth.

If you have any suggestions for future episodes or feedback on the podcast, get in touch via Twitter at @vpkoshy or through the website at https://www.sproutworth.com