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Oct. 16, 2024
Is it possible to calculate an Insight team’s return on investment?Well it isn’t if you see insights as an essential part of a value chain. Every essential element of a chain has to be in place for there to be any value in the first place.But in every organisation I know, there are multiple decisions taken every month without any insights. Maybe because there’s no Insight team, or the team wasn’t consulted, or it was asked far too late in the day.These decisions might not have been very good decisions, but they were taken, and that proves that insights are not an essential part of how companies operate, they’re a discretionary part. And that means we can always estimate the incremental value of including them.