I am in the process of sending out a quick analytics survey to my LinkedIn connections asking what is the most common reason analytics projects fail.
The survey will be extremely helpful as I am preparing a new book that focuses on why analytics projects fail. I want to list out the most common reasons and then add what can be done by analysts to prevent these causes of failure.
Here are the reasons I have come across in my career as an analyst and consultant.
Reasons Why Analytics Projects Fail:
#1 – Lack of Focus, no one makes the project a priority.
#2 – Lack of Vision, no clear idea of what the end product looks like.
#3 – Lack of Management Support, no support from above.
#4 – Lack of a Champion, no one to cheer team on to completion.
#5– Organizational Politics, gets killed by someone else.
#6 – Lack of Funding, not enough money to complete the project.
#7 – Lack of Talent, don’t have the experts need to be successful.
#8– Lack of Resources, not given all the tools you need to finish.
#9– Bad Data, you complete the project, but end up with bad data.
#10 – Key People Leave, someone leaves that can’t be replaced.
#11 – No End User Participation, not useful to those its built for.
#12 – New Technology, it becomes obsolete before it can be used.
#13– Over Reliance on External Help, slowed by waiting for others.
If you have a reason, not covered by this list, please feel free to reply with that’s as well.
This future book will be a companion book to my recently completed Analytics Guidebook and my current book in process entitled Data-Driven Cultures.
If you are having problems in your organization with analytics projects faltering or failing to be the success you had hoped for, let me know. I can help you identify the cause, come up with a solution and help you ensure your analytics projects becomes a huge success to the organization.
I recently gave a talk about Aligning Strategic Business Insights Through HR Analytics to a group of HR and Recruitment Managers and Senior Professionals.
Learning Session Description
From sourcing, through hiring, beyond training and towards retention, the best HR teams know their data and use it to stay focused on the overall strategy of the organization. This learning session is designed for HR and Recruitment professionals to identify key data points and be exposed to analytic techniques that are paramount to successfully aligning HR to a strategic business plan.
Learning Session Objectives
The specific objectives of this unique fun-filled learning experience were;
- Be exposed to cutting edge analytic techniques being used by successful HR and Recruitment Team in the Philippines and abroad.
- Gain a deeper understanding of what key metrics and data points add value to HR teams as they use data to align business strategy.
- Be empowered to produce actionable reports that give decision-makers the right data at the right time to ensure a more solid business strategy.
Key Benefits from Attending this Learning Session
In this session, your organization was able to:
- Define the most important data points to the organization’s strategic plan.
- Develop an analytics strategy around how to better use data in decision-makin
- Deliver new analytics techniques to the rest of their team to better align HR and Recruitment with the core business strategy.
In this session, your participants were able to:
- Identify key data points within their HR and Recruitment business data.
- Learn how to bring these data points into an inventory that allows quicker and more powerful analysis.
- Integrate these data points and analysis into management reports full of actionable insights.
Who Should Attend
This session is suitable to a wide range of professionals but will greatly benefit:
- Executives, Managers and Business Leaders who are looking to empower their HR and Recruitment teams to use more data analysis in their strategic planning.
- HR and Recruitment Managers who use data and analytics as well as employee analysts to help in strategic planning and business optimization.
- HR and Recruitment Supervisors and Team Leaders who use data and analysis to manage their teams and implement strategy.
- Analysts working with HR and recruitment data who add value to the overall HR strategy though their reporting and analysis.
Learning Session Outline
This session was broken into 4 key areas:
- Cutting Edge HR Analytics
- Finding the Right Data
- Key Analytic Techniques
- Actionable Reporting
Teams that are successful in each of these 4 areas, will be ahead of the game when it comes to keeping HR at the forefront of defining, aligning and implementing business strategy.
Learning Session Process
This session utilized a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes thought provoking discussions and analytics solutions presentations.
I can do the same thing for an in-house training for your business. You can either connect with me directly or get in touch with Ariva Events Management for a free consultation on how to get started.
HR & Recruitment Analytics – The recruitment and retention of top talent is the biggest challenge facing just about every organization. DMAIPH is a leading expert in empowering HR & Recruitment teams with analytics techniques to optimize their talent acquisition and management processes. Contact DMAIPH now at firstname.lastname@example.org or connect with me directly to learn how to get more analytics in your HR & Recruitment process so you can rise to the top in the ever quickening demand for top talent.