Book Image

Building Analytics Teams

By : John K. Thompson
5 (1)
Book Image

Building Analytics Teams

5 (1)
By: John K. Thompson

Overview of this book

In Building Analytics Teams, John K. Thompson, with his 30+ years of experience and expertise, illustrates the fundamental concepts of building and managing a high-performance analytics team, including what to do, who to hire, projects to undertake, and what to avoid in the journey of building an analytically sound team. The core processes in creating an effective analytics team and the importance of the business decision-making life cycle are explored to help achieve initial and sustainable success. The book demonstrates the various traits of a successful and high-performing analytics team and then delineates the path to achieve this with insights on the mindset, advanced analytics models, and predictions based on data analytics. It also emphasizes the significance of the macro and micro processes required to evolve in response to rapidly changing business needs. The book dives into the methods and practices of managing, developing, and leading an analytics team. Once you've brought the team up to speed, the book explains how to govern executive expectations and select winning projects. By the end of this book, you will have acquired the knowledge to create an effective business analytics team and develop a production environment that delivers ongoing operational improvements for your organization.
Table of Contents (14 chapters)
12
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13
Index

Introduction

This book is intended for senior managers and executives who are contemplating or have made the commitment to hire and manage a team of individuals with the stated purpose of designing, building, and implementing applications and systems based on advanced analytics and artificial intelligence. If you believe that this objective can be accomplished in a year or less and can be achieved cheaply, do not buy this book. You should stop reading, cancel your current plans, and save your money.

Making a commitment to drive your organization to a higher level of effectiveness and efficiency is what you are doing. Just as if you were deciding to build a state-of-the-art factory or if you and your team were entering into a completely new market or geographic region of the world – if you do not have a multiyear view, then you should seriously reconsider undertaking this journey.

In this introductory section, we will walk through the process of succeeding in the analytics...