The art of recommending Data Analytics driven strategic decisions based on financial viability
Looking forward to tomorrow's Webinar - Think Data Analytics #analyticsdrivenstrategy #dataanalytics #visualisation #modelling #scenarioanalysis #datascience #dataengineering #business #ima #instituteofmanagementaccountants #cma
Although I have been working in data analytics for years but I am actually a qualified management accountant by trade. This is very useful as whenever there is a Data Analytics project my mind thinks "Cost-Benefit". Guess it is the accountant in me who questions is it worth doing the project and what is the … Continue reading Data Analytics – Think Decision Making Impact!
Image by Gerd Altmann from Pixabay In a lot of presentations, meetings or even conferences we get the terms data, information and insights used interchangeably by the business. In this blog I just thought to shed the light on each of those terms: Data: This is the raw data that the business captures or maybe … Continue reading What is the difference between Data, Information and Insights?
Know your value chain like you know the lines on your hand!Image by stokpic from Pixabay Data Analytics can be so powerful when utilised effectively across the value chain, tools and technology made it much easier for businesses to access data as well as for users to pro-actively answer their own business questions. Visualisation tools are … Continue reading How is Data Analytics used across Value Chain?
Photo by JTMultimidia from Pexels Problem structuring a Data Analytics project is really critical for a project's success. Understanding where your project is in terms of complexity and its importance, helps estimate the time and effort needed for the project. In a nutshell, the time you put into a project depends on both Importance of the project (Strategic/Financial … Continue reading How do you assess the complexity of a Data Analytics project?
Complexity is the enemy of executionTonny Robbins Was catching up with a couple of Data Analytics professionals this week, it was a great conversation about how some projects can end up being over engineered for the business need. Some of those over engineered projects might never see the light and never be in production, others … Continue reading Complexity Is The Enemy of Execution
Building Data Analytics Capabilities is one of the main challenges facing organisations atm, in my first blog https://wordpress.com/block-editor/post/strategicalanalytics.com/522 I covered some thoughts about the Technical skills for a team. In this blog, I will cover some thoughts on the soft professional skills as promised in part 1. If we imagine a team being built and … Continue reading Building Data Analytics Capabilities – Part 2: Soft Skills
There are different types of Data Analytics which makes it cover a wide range of tasks. This richness in the area needs different skills and capabilities. Based on my experience, I believe that there are two main types of skills needed for a person working in Data Analytics. Technical/business skills and soft skills, both are … Continue reading Building Data Analytics Capabilities – Part 1: Technical Skills
Given the technology advancement we reached, data is being created in massive amounts through all company activities and it is easily accessible. This gives us the opportunity to understand data and enables better Data Analytics utilisation. Previously industries and companies didn’t have access to all this data. We could barely get data in a country, … Continue reading How Data Analytics is breaking silos and supporting cross-functional collaboration
Does Data Analytics projects end with the delivery of the project? Are there things that the project team need to consider after delivery? What is a Data Analytics project life cycle? Those were interesting questions which I have received through my blog question page in the past couple of weeks and thought to share with … Continue reading Analytics Project Life Cycle
