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Making Advanced Analytics
Work for You
Does your data have a purpose?
If not, you are spinning your wheels
Here’s how to discover one and
then translate it into action
1.Choose the right data
Bigger and better data gives
companies both more panoramic and
more granular views of their
business environment.
The ability to see what was previously
invisible improves operations, customer
experiences and strategy.
But mastering that environment means
upping your game finding deliberate
and creative ways to identify usable data
you already have and exploring surprsing
sources of information.
Get the necessary IT support
Legacy IT structures
may hinder new
types of data
sourcing, storage
and
analysis.
Many legacy systems were built to
deliver data in batches, so they can’t
furnish continuous flows of information
for real time decisions.
2. Build models that predict and
optimize business outcomes.
The most effective approach to building a
model rarely starts with the data instead it
originates with identifying the business
opportunity and determining how the
model can improve performance.
3. Transform your company’s capabilities.
Develop business-relevant analytics that
can be put to use.
Embed analytics into
simple tools for the
front lines.
The key is to separate the statistics
experts and software developers from
the managers who use the data driven
Insights.
Develop capabilities to exploit big data
Adult learners often benefit from a “field and
forum” approach whereby
they participate in real world analytics based
workplace decisions that allow them
to learn by doing
Making advanced analytics work for you

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Making advanced analytics work for you

  • 2. Does your data have a purpose? If not, you are spinning your wheels
  • 3. Here’s how to discover one and then translate it into action
  • 5. Bigger and better data gives companies both more panoramic and more granular views of their business environment.
  • 6. The ability to see what was previously invisible improves operations, customer experiences and strategy.
  • 7. But mastering that environment means upping your game finding deliberate and creative ways to identify usable data you already have and exploring surprsing sources of information.
  • 8. Get the necessary IT support Legacy IT structures may hinder new types of data sourcing, storage and analysis.
  • 9. Many legacy systems were built to deliver data in batches, so they can’t furnish continuous flows of information for real time decisions.
  • 10. 2. Build models that predict and optimize business outcomes.
  • 11. The most effective approach to building a model rarely starts with the data instead it originates with identifying the business opportunity and determining how the model can improve performance.
  • 12. 3. Transform your company’s capabilities.
  • 13. Develop business-relevant analytics that can be put to use.
  • 14. Embed analytics into simple tools for the front lines.
  • 15. The key is to separate the statistics experts and software developers from the managers who use the data driven Insights.
  • 16. Develop capabilities to exploit big data Adult learners often benefit from a “field and forum” approach whereby they participate in real world analytics based workplace decisions that allow them to learn by doing