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

Ethics

I am sure that you have noticed by now that I am interested in and a proponent of acting ethically in all things.

Ethics is mentioned in six of the eleven major sections of this book. We have taken the time to discuss the importance of ethics and transparency and focus on the objectives and purposes for why we are using data and building analytic models and applications.

Now, take some time to consider how you will make ethics a topic of discussion with your analytics leadership team, the analytics team itself, and the functional/operational teams. It is worth the time to ensure that each group and all individuals are aware of your position on using data and analytics for ethical, honest, and transparent purposes.

Another element of the corporate environment that is critical to your success is understanding the mindset of your peers and the executives running the company. Let's talk about how deep the understanding of data and analytics is among the executive...