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By now just about everyone knows that there is almost limitless opportunity buried in their business data. The big question facing business analysts, leaders, managers, and owners is how do I unlock that potential.
For a lot of us, we just aren’t sure where to start.
Do we go out and hire an expert analyst or data scientist and hope they can make it all work out?
Do we buy a new business intelligence or data modeling software and hope our current team can figure it out?
Do we send our people to training so they can learn new ways to identify, inventory and integrate business data into our decision-making processes?
Well, successful companies do all three. They line up the talent, technology and technique to empower the business with solid analytics.
Hiring a new employee or brining in a consultant will help you address the lack of talent you have working with your business data. Curious people, adept at working with technology and being able to translate your business questions in to valuable insights is generally step one.
As you bring that new person into the fold though, it is just as important to make sure your team is ready to start using more data in their business processes. You can’t expect one person to fix it all, you need to open up your business culture to embrace more data-driven decision-making.
Once you have the talent in place then I suggest you focus on technique.
Invest in some training to get everyone on the same page. If you have a technological solution in mind, then have them trained on that too. So much time is lost because people tasked with analytics are under trained.
Then, when you have everything lined up. That’s when you spend on a software solution. New tools for data acquisition, storage, analysis and reporting generally fail if you don’t have the talent and technique in place first.
If you still aren’t sure how to get started, I will be facilitating a training class on February 21, 2017 at Discovery Suites in Ortigas.
I will help you come up with a analytics action plan to help you start taking advantage of the business data you have in order to increase efficiency and grow profits.
Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience. If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at email@example.com or connect with me directly to set up a free consultation on which of our DMAIPH analytics training solutions is best for you.