Effective data analytics begins with an understanding of performance based on data, statistical methods and predictive modeling; the resulting insights can be applied in business planning, operations improvement and enhanced mission achievement.

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to
data
analytics IMPROVE
PERFORMANCE

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Data analytics yields meaningful
patterns — financial and
nonfinancial — to describe
performance, and predict and
guide improvements.
grantthornton.com/stateofnfp2016

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Analytics can help you…
• Validate trends
• Pinpoint root causes of issues
• Comprehensively view performance
• Illustrate future possibilities
GET THE DETAILS: grantthornton.com/stateofnfp2016a

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Results can be used to…
• Streamline operations
• Increase cost efficiency
• Optimize financial margins
• Forecast performance
• Improve budgeting
• Enhance mission effectiveness
See the full report: grantthornton.com/stateofnfp2016

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Analyze factors, activities
and characteristics in
concert to determine how
they affect each other for…
• Planning
• Improving targeting
• Identifying future needs
and services
data
analytics
Read the report

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Constituents and
funders are
demanding proof
that programs are
successful and
improving lives
In response, nonprofits
are using data analytics to
assess service outcomes
and report mission
achievement.
Those that can exhibit a
clear return on investment
have a significant
competitive advantage in
external funding.
a
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Data analytics = Humans, not just IT
Leadership must champion integrated
decision-making through stakeholder
representation, inviting a variety of
perspectives.
grantthornton.com/stateofnfp2016

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Steps to instituting data analytics:
• Invest in technology
• Establish performance metrics
• Acknowledge the human element and
importance of change management
• Build collaboration
• Develop personnel with data analytics
and business intelligence skills
• Commit to act on trends and insights
• Create a cross-functional steering committee
• Dedicate organization-wide focus on
ongoing data analytics

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An operating model for data analytics

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True performance
improvement shows in:
•Better financial results
•Expanded program
offerings
•Greater quality of service
delivery
DETAILS AT grantthornton.com/stateofnfp2016

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Get more
insights and details
Find our experience-based viewpoints on trends
and topics:
State of the Not-for-Profit Sector in 2016
grantthornton.com/stateofnfp2016
See how to measure results that support mission
achievement. Visit:
Utilizing data analytics to improve performance