Daniel Schmidt’s Post

View profile for Daniel Schmidt

CEO & Cofounder of DoubleLoop, the platform for metrics-driven strategy.

"Flat metrics dashboards" are profoundly limited. After companies adopt business intelligence tools, before they know it, they're swimming through endless seas of dashboard charts. On the surface it might look like these companies are "data-driven," but the data is difficult to act on. Flat metrics dashboards conflate leading and lagging indicators. They don't distinguish between controllable input metrics and business KPIs that can take months to influence. At DoubleLoop, we've concluded that the key to metrics-driven company building is understanding the *relationships* between metrics. A metrics dashboard in DoubleLoop looks more like a graph than a flat collection of dashboard tiles. By analyzing the correlation and lag between the metrics that inform your strategy, DoubleLoop reveals when an initiative is working or when a thesis is flawed. We help teams focus on the high-leverage input metrics that lead to long-term business growth. This very rough animated gif conveys the idea...

  • DoubleLoop metrics dashboard
Chris Conlin, PST

🎯 I help people, teams, and organizations succeed through introspective training and coaching| Product Coach | People Advocate 🎯

2y

Love the visualization shift of the metrics and seeing how they all work together. Would recommend checking out Evidence-Based Management from Scrum.org. One if its major intents is to build cadences, cycles, and good conversations into how we look at metrics. https://www.scrum.org/resources/evidence-based-management

Neil Perkin

Author at 'Building The Agile Business', 'Agile Transformation', and 'Agile Marketing', Keynote Speaker, Digital Consultant and Strategist

1y

Hi Daniel. I love the concept of 'Flat Metrics'. I'd like to ask for permission to use the graphic in a blog post (I will of-course attribute to you and to DoubleLoop). Many thanks

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Robin Bonn

Agency advisor + Leadership coach 🚀 | Marketing Week columnist ✏️ | Keynote speaker 🎤 | Podcast presenter 🔊 | Property Investor 🏠

1y

one for you, Inga

Athena Rhae Bisnar

Catalyst of Continuous Improvement | Life Enthusiast

2y

Ofelia Ong I remember our vision for the power BI for engineering KPI 😅

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Lee Rensch

Senior Director, Product | HealthTech

2y
David Ky

Chief of Staff (People & Talent) at Airwallex | Board Member at Enactus Australia

2y
Jeremy Toeman

Founder @ AugX Labs, makers of Augie, the AI Video Assistant

2y

love this Daniel Schmidt - totally agree, numbers without context and meaning are just... numbers. love how you make them actionable!

cc: Auren Hoffman 📚 re: your post on a dashboard to find a dashboard

Valentin Umbach

Lead data explorer @ komoot ⛰️ Sharing my 15+ years of data experience

2y

Yes! Understanding relationships between metrics is so important. This is a great visualization, too. Jonas Adrian Eriksen you might like this ;)

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