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Strategy Analytics Framework: fundamental
components for building data & analytics capability
Team
Business
Application
Data Tech
1) Business Application: defining the
objective
 What problems, issues, challenges,
etc. are we trying to solve?
 Creating actionable insights, not
analysis that is just “nice to know”
MdI: Helping businesses use data to drive decisions and fuel growth
Source: MdI analysis
2) Team: leadership & internal capability
 Leadership that leverage data &
analytics to drive strategy, and
incorporate into organizational culture &
DNA
 Dedicated personnel that have the
skills, talent, & creativity and equipped
with required resources
4) Tech: connective
hardware & software
 Software: analysis,
visualization, &
distribution of insights
 Hardware: computing
power
 Integrations:
connecting siloed
systems & databases
3) Data: quality and
robustness
 Internal data: operations,
customer, sales,
marketing, etc.
 External data: market,
regulatory, etc.

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Strategy Analytics Framework: fundamental components for building data & analytics capability

  • 1. Strategy Analytics Framework: fundamental components for building data & analytics capability Team Business Application Data Tech 1) Business Application: defining the objective  What problems, issues, challenges, etc. are we trying to solve?  Creating actionable insights, not analysis that is just “nice to know” MdI: Helping businesses use data to drive decisions and fuel growth Source: MdI analysis 2) Team: leadership & internal capability  Leadership that leverage data & analytics to drive strategy, and incorporate into organizational culture & DNA  Dedicated personnel that have the skills, talent, & creativity and equipped with required resources 4) Tech: connective hardware & software  Software: analysis, visualization, & distribution of insights  Hardware: computing power  Integrations: connecting siloed systems & databases 3) Data: quality and robustness  Internal data: operations, customer, sales, marketing, etc.  External data: market, regulatory, etc.