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

Being the smartest person in the room

Let's be clear about one thing. If you need to be the smartest person in the room, then you will need to find a very special company, start a company of your own, or get over the feeling that you need to be smartest person in the room. The last approach is the one I would recommend.

I hope for your probability of success in leading an advanced analytic and AI team that you are not the smartest person in the room. If you are, then you are either an incredible person, or you have hired poorly, or maybe a bit of both.

I am certain that at one point in my career, I needed to be the smartest person in the room and I am certain that I embodied all the less-than-desirable personal traits of such a worldview. With these beliefs and views, you will not be seen as a leader and you will not be able to lead a team to sustained success.

Competing with your team to be crowned the best and brightest is one of the fastest paths to team discord...