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Telling Great Stories & Learning to Listen




              Some Thoughts on Narrative & Data, IDC Oct 2011
People love stories
They love all kinds of stories simply told
They can take 90 minutes to play
Years to write & months to read
Minutes to sing
They can seem simple, but still be complex
We’re just suckers for good narratives
          with great returns
Great storytellers need to be great listeners
They know their audience cold
They have walked in their shoes
Lived in their homes
Slept in their beds
In fact, sometimes,
they know their audience
better than the audience
know themselves
Making them capable of magic
You should be able to tell your
 story to a class of 7 year olds
Pick a field big enough for a
     never ending story
But remember, stories
  are not just about
   communications
Stories live in your
        product

 They live in how you run
and analyze your business
Good communications
  just make sure that
 things look good and
    sound their best
So make your products simple to use
Shoot for no cognitive barriers
Make the value crystal clear
Sell benefits and a big big vision
Something you can grow into with age
Oh, one more thing…. make it look sexy
These days the benchmark is real-time
So your product should respond instantly
Speed and reliability are at a premium
Table stakes are easy, quick and free
You should use data to be relevant
To be personal
To be social
To tell stories beautifully
And in tune with the medium
Be simple
 Be quick
Be relevant
You need to win a place in the box
      inside people’s head
Then let them share your stories
Short morality tale
  about insight
407,326

    113,032

Over 100 stores
Short morality tale
   about data
Who are
you telling
 the story
    to?
Investors
who write
  $200m
 cheques
2% of TV
households
 by region
18% in Bay
  Area
15 mins of
streaming
per month
61% of
subscribers
Customers
 who write
$8 cheques
Talk less
Listen more
So how do you find a signal in the noise?
“If you can’t measure it you can’t manage it”
Where do you tell the story?
                                Media
      Customers
                       Team
    Investors
                          Home
             School
                               Event
What do you measure?


       Sales
                   Marketing
    Support
                       Operations
        Finance
What drives actions?

        NPS
                       Funnels
  Unit Economics
                         Cohorts
        Singletics
When do you measure?

     Real-Time         Daily

     Weekly
                       Monthly

    Quarterly
                       Annually
What tools & tech?

    Hadoop
                      BI
  Analytics
                       Multivariant

    Personalization
Telling Great Stories & Learning to Listen

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Telling Great Stories & Learning to Listen

Notas do Editor

  1. Trout
  2. Chip Wilson in 1998 Vancouver
  3. David Eiswert. lead portfolio manager of T.Rowe Price’s Global Technology Strategy
  4. David Eiswert. lead portfolio manager of T.Rowe Price’s Global Technology Strategy