How to Answer: How does data drive a business' success?
Advice and answer examples written specifically for a LivePerson job interview.
6. How does data drive a business' success?
How to Answer
Data-driven decision making is becoming a more significant topic every year. Companies can leverage data analytics to determine:
- Productivity
- Competitive analysis
- How, when, and where products are used
- Customer demographics
- Pattern analysis
- Business growth
Talk to the interviewer about the ways that you feel companies can best use data to drive the success of their business.
Written by Ryan Brown on February 18th, 2019
1st Answer Example
"When I take a hard look at the many uses of data, I see that data can be collected in a plethora of ways to determine the success of a new product launch, competitive analysis, or patterns that occur, which may not be seen by the human eye. In my career, I have the most experience using data to help drive employee productivity and onboarding solutions which can save a company thousands of dollars."
Written by Ryan Brown on February 18th, 2019
2nd Answer Example
"Data can drive every aspect of a business' success if approached and utilized correctly. In my experience, I have seen that companies underutilize what a full data analysis approach can do for them. Analytics programs should be set up for marketing, sales, employee productivity, product efficiency, competitive analysis and more."