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

Artificial intelligence and leadership

Given that we are engaged in a discussion about advanced analytics and AI teams, and we are in the midst of examining the topic of leadership, we need to ask the question, "Will AI take over the leadership of corporations and the leadership of AI teams?"

The management consulting firm McKinsey has remarked that:

…the role of the senior leader will evolve. We'd suggest that, ironically enough, executives in the era of brilliant machines will be able to make the biggest difference through the human touch.

By this, we mean the questions they frame, their vigor in attacking exceptional circumstances highlighted by increasingly intelligent algorithms, and their ability to do things machines can't. That includes tolerating ambiguity and focusing on the "softer" side of management to engage the organization and build its capacity for self-renewal. [1]

There is no question that computers...