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Data Analysis

  • Foto do escritor: Carl Boniface
    Carl Boniface
  • 4 de ago.
  • 2 min de leitura

Managing to sort through data is no easy feat. Data management requires extensive research. However, those who are prepared to wade through it are more likely to have an edge which is a skill in itself.


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Wade through it" means to deal with something, typically a large amount of information, that is tedious, time-consuming, or difficult. It can also refer to physically moving through water or mud with effort. 


The art of discipline then provides the catalyst to keep going through thick and thin which means under all circumstances, no matter how difficult. A man on a mission signifies a person who is intensely focused and determined to achieve a specific, often important, goal or objective. It suggests a sense of purpose and drive, where the individual is committed to completing the task at hand. 


When a deadline is evoked, it adds intenseness. As an example, an agreement with a supplier to make a stock purchase and having the discounted costs held until a cutoff date. Imagine the data analysis in preparation to begin an online store. If not ready then the whole operation would get behind schedule.


On one hand, it’s easy to succumb to failure, hold off, and pay more for the merchandise because you can’t meet the deadline. Or on the other, make the purchase and set up shop without all the information required to offload effectively. Yes, it means paying for goods before they are unloaded, but it may also induce incorrect decisions.


In other words, date analysis provides knowledge for making correct decisions. A salesman might try to sell A+B+C, so with due diligence from proper analysis then the buyer will be

more comfortable in making the right decision. Imagine buying goods that are unsellable!


There are many angles that can affect decisions from data analysis like expiry date, quality of products and services, reliability, demand, spread whilst risk management plays a role in going forward or holding off.


At the end of the day, the extra effort involved will pay off. Remember that going the extra mile is what seperates winners from losers!


Take care!

Prof. Carl Boniface

 

Vocabulary builder:

Feat (n) = achievement, accomplishment, deed, act

Evoked (adj) = bring or recall to the conscious mind.

"The sight of his ex-wife evokes unpleasant memories of the marriage."

Cutoff (n) = limit, deadline, expiry, finish, end date, point of no return

Succumb (v) = give in, yield, submit, surrender, give way, (ant) withstand

Offload (v) = unload, free from, sell, deposit, dump, relieve of, unburden

Induce (v) = persuade, encourage, tempt, make, bring, convince, prompt, (ant) dissuade

 

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Carl Boniface
Carl Boniface
04 de ago.

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