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

Disciplinary action

Hiring and firing team members remains part of the management of any team. I have had employees confront me and express dismay that I was dismissing a staff member. The law requires many things of managers and corporations. When someone breaks the law or flouts company policy, they do not get a free pass just because they belong to a diversity category. When things go wrong, there are consequences; this does not change because we are hiring a wider range of people. As a manager, you must treat all employees, across all classes and categories of staff members, the same and that includes disciplinary action.

Performance management, merit, and incentive bonuses, and all aspects of personnel management still exist and must be executed with the advanced analytics and AI team.

There are aspects of human behavior that cannot be tolerated, and need to be avoided, or reacted to when they occur. If these aspects cannot be avoided or managed in a professional manner...