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Alex Chausovsky On Why Being A Data-Driven Business Will See Us Through Uncertain Times

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If you’re a business leader, and are facing the prospect of making the big business decisions in the near future - if you’re facing any kind of uncertainty about the world around us, and you’re feeling unsure of how to progress, then this is the show for you!

Gavin talks to Senior Business Advisor and Keynote Speaker at ITR Economics, Alex Chausovsky, a specialist in steering companies through their strategic planning, using the most reliable industry and company forecasting.

Alex discusses the importance of being a data-driven business, how to best calculate rates of change in your business, and why having 5 to 7 years of data will enable you to track low points and pinpoint periods of recovery.


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KEY TAKEAWAYS

  • Now is the time to invest in the future, whether that’s an eCommerce platform or customer journey, or strengthening and developing your team.
  • Borrow where you can at low rates of interest. Government-subsidised lending schemes are an incredible way of seeing you through the tougher times. Cash is king!
  • Banking data and using it is crucial in order to pinpoint our most viable recovery times. Keeping at least 5 to 7 years’ worth of data allows us to see a broad spectrum of highs and lows.
  • Business owners really care about is not how quickly your rates of change bounce back, but how it feels on the ground when it happens. 
  • Certain markets have been far more resilient in terms of volume and job losses, whereas retail sales, hospitality and leisure are still on a downward trend. There is no one-size-fits-all forecast. Focus purely on your own business.

BEST MOMENTS

‘Right now is a time to be a data-driven decision maker’

‘You can make good quality decisions based on inputs rather than emotion and fear’

‘Hindsight is obviously 20/20 vision’

‘You’ve got to track your own performance. That’s got to be the driver behind your decision making’  

 VALUABLE RESOURCES

 

The Business Mastermind Podcast 

Alex Chausovsky Twitter - https://twitter.com/achausovsky?lang=en

ITR Economics -https://itreconomics.com/itr-economics-podcasts

Alex Chausovsky LinkedIn - https://www.linkedin.com/in/alexchausovsky/

Methodology Calculator - www.itreconomics.com/methodology

ABOUT THE HOST

 

Gavin Preston

 

Gavin is an inspirational Speaker, Business Strategist, Business Growth Mentor, Trainer and

high-performance Coach.  He works with Business Owners and Entrepreneurs and has a strong track record in creating creative strategies to accelerate the growth of their business. He has helped hundreds of SME business owners and leaders improve their performance and that of their business and a comparable number of executives and employees in blue-chip corporates over the last 20 years.

 

Gavin’s energetic, insightful and yet down to earth and practical talks, workshops and coaching is in demand with high growth business between £250,000 and £30 million revenue and with multi-national organisations at all levels from Board to frontline

Managers. He is an expert in Business Growth Strategies, Peak Performance

Mindset, Persuasion & Engagement, Marketing, Productivity, Leadership

Development, Team Development & Motivation, Leading Change, Stakeholder

Management, Personal Effectiveness and Behavioural Change.

 

CONTACT METHOD

 

Gavin Preston Website

Gavin Preston LinkedIn

Gavin Preston YouTube

Gavin Preston Facebook

Gavin Preston Twitter

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The Business Mastermind Podcast is for business owners and leaders in small to medium-sized business 
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