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

Organizational maxims

I have learned valuable lessons over the decades of being an analytics professional and manager/leader.

These lessons are better understood and acted upon rather than pondered. In the next three sub-sections, I will lay out a few of these lessons that apply in a global context.

Take these as truths.

People do not change in the time required

I know that this is a controversial statement and one that raises the ire of some people but hear me out. You and your team are tasked with selecting, undertaking, and succeeding with projects that will drive positive change in the organization. This is your responsibility and you are accountable for the achievement of the goals and objectives. You have about a year to execute on the first cycle that results in positive and measurable change.

People can change, but usually the window for change at a deep personal level, which is what is needed to affect the personality traits that are problematic, is measured...