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

Managing team cohesion

In Chapter 3, Managing and Growing an Analytics Team, we discussed managing talented jerks and the need to hire the best possible people. The previous points were made, and the discussion remains valid. It is worth reiterating that a bad hire will dampen and diminish the cohesion of the team and the team's ability to collaborate. Once you realize that a person is a poor fit with the group, move to collaborate with the human resources department quickly to manage them out of the company or, to put it more plainly, to fire them.

It is important that you do not equivocate or waiver. You may think that it will take time away from other tasks, and it will, but acting quickly and decisively will be better for you, the team, and, in the end, the employee who is not working out.

The most dangerous element of this situation is that if you attempt to help this person in fitting in, you will waste your time, the team will see that you have made a poor decision...