Book Image

Building Analytics Teams

By : John K. Thompson
4 (2)
Book Image

Building Analytics Teams

4 (2)
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

Sponsor and stakeholder management

Your personal success and that of the analytics team lies partly in your ability to connect and effectively partner with a wide range of people in the organization. The skills you possess, employ, and deploy in the area of emotional intelligence are paramount in this aspect of your work.

In a global organization, if you have a global role, you will need to meet with a substantial number of people, and depending on the culture of the organization, you may need to meet with those people either in one-on-one settings, small departmental groups, or in large auditorium/stadium settings, or perhaps in all of those settings. In a previous leadership role, I ran the global advanced analytics and AI effort and the associated teams. In the first year, I held over 630 meetings around the world. Those meetings included C-level executives, division managers, team leaders, individual contributors, external vendors, supply chain partners, and customers/patients...