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

Diversity and inclusion

Your team will benefit from diversity in all aspects that you can amalgamate. Diversity in age, gender, organizational level, geographic origin, socioeconomic means, faith (and lack thereof), educational background, sexual orientation, neurodiversity, circadian rhythms, and more will make your team more effective and valuable.

Advanced analytics and AI teams are made up of a wide range of personalities, from the introverted to the highly extroverted, from the careful and thoughtful to the impulsive and innovative. Analytics teams benefit greatly from the varied perspectives that a wide spectrum of individuals bring to the collaborative environment.

Perhaps you have seen teams where the leader hires mostly people that think, act, and look like themselves. In extreme cases, this is called conative cloning and it can lead to myopic thinking and a narrow focus when approaching challenges and the resulting solutions. If you think of hiring as a continuum...