Disruptive Successor Podcast

Episode 111 - Leverage Data Insights to Scale Your Family Business with Michael Schader

Episode Summary

In this episode of The Disruptive Successor Show, Jonathan speaks with Michael Schader, the CEO of Nowsight. He has a background as a programmer and US intelligence officer and he pulls from this experience working with defense intelligence agencies, metropolitan police departments, and NATO to unlock the intelligence trapped within businesses. Today, Michael talks about growing up in his family-owned restaurant and his passion for programming that he found early on. Now the CEO of Nowsight, he connects data systems and combines his love of AI and entrepreneurship to take the operations of family-run businesses to the next level. Michael discusses the importance of presenting data in a way the reader will understand that gets different departments aligned on the facts. He gives tips for companies to start capturing their data so that they can harness insights that are tucked away and create meaningful business impact. Michael provides a case study of a very successful multigenerational line of convenience stores and how even they needed help making sense of data from different sources. What they found out was, while successful, the brand had been neglecting profitability to focus on other aspects of the business. HIGHLIGHT QUOTES MICHAEL: PRESENT DATA IN THE WAY THE READER UNDERSTANDS "If we use the word presentation to include visualization, graphics, but also in the other way that you're getting across, that the presentation is communications. It's a two-way street and you as the message originator have the responsibility to make it understandable to people, not the other way around, for them to have to pull it or to learn a new way of doing it. You need to meet people where they are conceptually and give it to them the way that it makes sense." MICHAEL: LEVERAGE DATA THROUGH DATA-CAPTURING PROCESSES "Kind of at a practical level, I think often anything around putting just enough process and enough data capturing in place to things that are starting off as being passive is very helpful like instead of emailing spreadsheets around, to move to use something shared like a Google Doc or a SharePoint Excel." Connect with Michael through the following links: About Michael Website If you enjoyed today’s episode, please subscribe, review, and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com

Episode Notes

In this episode of The Disruptive Successor Show, Jonathan speaks with Michael Schader, the CEO of Nowsight. He has a background as a programmer and US intelligence officer and he pulls from this experience working with defense intelligence agencies, metropolitan police departments, and NATO to unlock the intelligence trapped within businesses.

Today, Michael talks about growing up in his family-owned restaurant and his passion for programming that he found early on. Now the CEO of Nowsight, he connects data systems and combines his love of AI and entrepreneurship to take the operations of family-run businesses to the next level.

Michael discusses the importance of presenting data in a way the reader will understand that gets different departments aligned on the facts. He gives tips for companies to start capturing their data so that they can harness insights that are tucked away and create meaningful business impact.

Michael provides a case study of a very successful multigenerational line of convenience stores and how even they needed help making sense of data from different sources. What they found out was, while successful, the brand had been neglecting profitability to focus on other aspects of the business.

HIGHLIGHT QUOTES

MICHAEL: PRESENT DATA IN THE WAY THE READER UNDERSTANDS

"If we use the word presentation to include visualization, graphics, but also in the other way that you're getting across, that the presentation is communications. It's a two-way street and you as the message originator have the responsibility to make it understandable to people, not the other way around, for them to have to pull it or to learn a new way of doing it. You need to meet people where they are conceptually and give it to them the way that it makes sense." 

MICHAEL: LEVERAGE DATA THROUGH DATA-CAPTURING PROCESSES

"Kind of at a practical level, I think often anything around putting just enough process and enough data capturing in place to things that are starting off as being passive is very helpful like instead of emailing spreadsheets around, to move to use something shared like a Google Doc or a SharePoint Excel."  

 

Connect with Michael through the following links:

 

If you enjoyed today’s episode, please subscribe, review, and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com