Introducing Jon ThompsonJon Thompson is the author of The Dashboard Effect and co-founder & Chief Strategy Officer at Blue Margin, where he helps private equity and mid-market companies quickly convert data into automated dashboards. Their mission is to deliver breakthroughs early and often, and within clients’ timelines and budgets. Jon offers practical steps for business leaders who want to quickly leverage data to improve outcomes. What You Will LearnHow to Apply Data and Analytics in Private EquityWhy Data Intelligence is a Great Differentiator in BusinessWays Data is Slowly Transforming Private Equity Breakdown[00:00] Who is Jon Thompson?[02:00] Common Mistakes by PE Firms and Their Portfolio Companies[04:38] Data Analytics in Private Equity and Why It’s Important[07:24] Successful Data Utilization in PE[10:09] How to Make Data the Main Part of Your Execution Strategy[12:32] Reliable and Scalable Data Architecture[15:18] How to Use Data to Inform Your Decisions[20:00] Using Data Internally to Define Key PE Metrics[22:15] How to Create a Data Utilization Culture[25:55] Improving Data and Analytics in PE[28:57] Jon’s Go-To Self-Improvement Resources[35:25] Parting Thoughts  Successful Data Utilization in Private EquityPrivate equity firms have recognized the immense potential of data utilization in enhancing their investment decision-making processes and driving operational efficiency. By harnessing the power of data analytics, PE firms can uncover valuable insights, identify investment opportunities, and optimize portfolio performance. Successful data utilization in PE involves leveraging various data sources, employing advanced analytics techniques, and fostering a data-driven culture. Rapid growth and the birth of AI have heightened the importance of in-depth data and analytics. To compete, PE firms need high-quality technology solutions to sharpen their insight and streamline their workflows across the entire fund lifecycle. However, data is only as valuable as it is understandable and accessible. According to Jon, without an effective way to manage information, your data can very quickly become “noise.” And in some cases, noise is worse than not having the data at all. How to Contact Jon:Jon’s LinkedIn https://www.linkedin.com/in/jon-thompson-37282432/ Jon’s Email: Jon@Bluemargin.comBluemargin.comThe Dashboard Effect Podcast: https://podcasts.apple.com/us/podcast/the-dashboard-effect/id1634065977 The Dashboard Effect: Transform Your Company by Jon Thompson and Brick Thompson Thank you for tuning in!To get the newest Private Equity episodes, you can subscribe on iTunes or Spotify here.Lastly, if you have any feedback on the podcast or want to reach out to Alex with any questions, send an email to alex.rawlings@raw-selection.com.