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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Index

Simply the best

One of the most valuable, unique, and rare qualities individuals that make up a phenomenally successful advanced analytics team possess is the ability to understand the constituent elements that encompass, comprise, and come together to cause or perpetuate an outcome.

On the face of it, most people think that they know why processes happen, what the process actually is, and what the outcomes are, but do they really know? Are they truly aware of the nature and driving forces of why processes work and why a company operates in a certain way? Typically, "common knowledge" is not accurate or a true representation of how the world works.

Many people operate on intuition and gut feelings. A number of these people have been world leaders and have written best-selling books on the topic of managing in this manner. The problem is that these leaders are the exception, not the rule. The majority of people are operating under misguided perceptions of how processes...