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

Summary

In this chapter we have started our journey of understanding the market and organizational context in which high-performing analytics teams live and operate.

We have touched on the perception, reality, value, and concerns surrounding AI and its implications for jobs and careers, which are mainly positive in the long term and disruptive for some in the short term.

We have discussed how analytics professionals are not your typical employees and should be evaluated from a results perspective, and not on the basis of their supposed interpersonal failings or challenges. This aspect of hiring and managing high-performance analytics professionals will be replace with: thwarted in the current work environment of hyper political correctness, but should also be helped by the move to incorporate diversity and inclusion in our organizations.

We touched on the optimal and less than optimal organizational structures that should and shouldn't be used to house and grow an advanced analytics team and its functionality, and we wrapped up by touching on the all-important topic of ethics.

We have set the stage for our wide-ranging discussion of how to be successful as an analytics leader. Thank you for coming on this journey with me.

Now, let's move on to discussing the topic of how to hire and build a high-performing analytics team.