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Building Analytics Teams

Building Analytics Teams

By : John K. Thompson
4.8 (41)
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Building Analytics Teams

Building Analytics Teams

4.8 (41)
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)
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12
Other Books You May Enjoy
13
Index

Summary

Building an advanced analytics and AI team is the same as building any other high-performance team in several respects, but in other crucially important respects, it is the converse of what you would expect. There are also nuances and subtleties that, even today, elude executives and senior managers.

Analytics teams, and those individuals that comprise those teams – the highly talented and skilled people involved in scoping, designing, building, testing, implementing, deploying, and in some cases, maintaining advanced analytics applications, systems, and environments – are unique.

In this chapter, we have examined the organizational context and considerations that may not be obvious when building an analytics team. We have provided a framework to use when thinking about the type of analytics talent that you may want to hire and how that talent can come into the new organization and have a positive impact in a matter of weeks or days. We have outlined...

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