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

You are not the only game in town

Executives have many teams reporting up through organizational structures and those teams have numerous initiatives underway and those initiatives contain a diverse set of projects. Just because you are living and breathing the portfolio of analytics projects, doesn't mean that your senior management team and sponsoring executive have more than a cursory understanding of the projects and initiatives that you and your team are engaged in.

This organizational separation is part of the reason why we have been discussing the need for the analytics team to be connected to a larger overall process of organizational improvement and transformation. Executives can only keep a certain amount of complexity and breadth of activity in mind at any one time. When they see that your efforts, and the efforts of your team, are supporting strategic initiatives, then you are aligned with their thinking and you will have their support.

It took me years to...