Data Analytics

Anticipating an Ambitious
Analytics Project:

1. 2. 3. STEPS TO PREPARE
Srividya Sridharan, senior analyst...
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Infographic: Data Analytics

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Business analytics projects often fail and the reasons are
straightforward: People get too ambitious with their objectives, try to implement too many solutions simultaneously, and push the organization into something for which they’re not yet ready. To read more, go to http://www.1to1media.com/view.aspx?docid=34686

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Infographic: Data Analytics

  1. 1. Data Analytics Anticipating an Ambitious Analytics Project: 1. 2. 3. STEPS TO PREPARE Srividya Sridharan, senior analyst for customer insights professionals at Forrester, outlines three steps before embarking on an ambitious analytics project: 1 23 1. Understand Your Starting Point: Organizations should determine their level of analytics maturity to make sure they’re able to take on the designated project. 2. Set aside on An Experimentati Budget: Any organization ct embarking on a proje that will require new eds analytics methods ne to to first test the system the make sure it delivers needed results. 3. Create A Virtual Analytics Innovation Lab: The sole purpose of this venture should be developing proof of concepts and trying out analytics methodologies on a smaller scale before embarking on a business-wide initiative. Business analytics projects often fail and the reasons are straightforward: People get too ambitious with their objectives, try to implement too many solutions simultaneously, and push the organization into something for which they’re not yet ready. a division of Peppers & Rogers Group To read more, go to: “Four Ambitious Analytics Projects for 2014” By Cynthia Clark and Lorri Cosentino 1to1 media ®

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