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

Emerging leadership roles – Chief Data Officer and Chief Analytics Officer

Leading organizations are beginning to create C-level positions to direct, grow, and manage the emerging and evolving functions related to data and analytics. Some organizations are focused on the data side of the function and hence they start their efforts by creating the Chief Data Officer role, while others begin with the Chief Analytics Officer role. Either starting point is valid and useful.

The creation of these roles and opportunities for the people assuming these roles illustrates the importance of these functions and the corporate recognition that these roles are strategic and are crucial to drive the company in a defined direction. These roles will grow in number and sophistication. The creation of these roles signals a tipping point in corporate history and illustrates that the data and analytics function is a core strategic capability for leading corporations.

On or around November...