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Building Analytics Teams

Building Analytics Teams

By : John K. Thompson
4.8 (41)
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Building Analytics Teams

Building Analytics Teams

4.8 (41)
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)
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12
Other Books You May Enjoy
13
Index

Summary

We have a duty to teach our colleagues what can and cannot be accomplished with data and analytics. Analytics professionals and leaders need to be at the forefront of the discussion of what is a realistic project and expectations of that project and the teams that we have on staff.

We must explain and place context around our proposed programs, processes, and projects to ensure that our colleagues in the functional business units know what is expected of them – from involving their staff, to the spending of their budgets, to the timing of delivery of interim and final results.

Data is a critical element of all analytic efforts. Analytics professionals, in conjunction with the internal and external legal experts, must be the leading voices explaining and examining the internal and external data sources we will be using, integrating, and leveraging to develop insights into customers, patients, partners, operations, and more.

Analytics, legal, and business...

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