The document discusses the importance of analytics and data in navigating an increasingly competitive business environment. It emphasizes that analytics requires considering people, customers, and performance. Additionally, it stresses the value of business intelligence in understanding what has happened, what is happening, and what could happen in the future to guide business decisions. Finally, it highlights the importance of communication and gaining senior support for analytics initiatives to be successful.
5. NavigatingtheunknownPaulOrmonde-JamesCopyright2013
The World Bank
Head of Global Business Intelligence, The World
Bank
Washington DC
USA
• Manage modeling & analysis teams for global
impacts on banking sectors
• Managed global teams collecting data from
182 countries
• Managed predictive analysis teams on
portfolio risks & cash flows
• Built & managed Global teams for end to end
data control & analysis
15. NavigatingtheunknownPaulOrmonde-JamesCopyright2013
Business Intelligence deliverables 3 “sights”
What is
Happening
What has
Happened
What might
Happen
Current
Time
1 month 3 month 6 month 12 month
Future
Time
Past
Time 1 month2 month3 month
Decision Point
Looking Forward (Forecasting)
-Proactive
-Considering Issues before they impact
- Manoeuvre before impact
-Time to make more accurate decisions
-Reactive
-Short time to consider decisions
- “Fire Fighting” approach
-Market Follower
Looking Backward
Month
End
Data finalised Compile data Report generation Results analysis
1 week 2 week 3 week 4 week
Manual Processing Delays
Hindsight
Insight
Foresight
The “sights” or I’s (eyes) of BI
(business Intelligence) which
adds value to corporations,
through understanding what
happened, what is happening
and what could happen. This
will take cultural changes
19. NavigatingtheunknownPaulOrmonde-JamesCopyright2013
The Analytics 4 P’s
• Purpose
•Personality
•Performance
• Patronage
4P’s
PEOPLE
For analytics, we have our own 4P’s that
give us levers to manipulate delivery. By
addressing these levers analysts and
analytics can become a welcomed
strategic and tactical tool
27. By Paul Ormonde-James
Twitter: pormondejames
HR Metrics Summit 2013
Fortifying business decisions with definitive data
26 - 28 AUGUST 2013
Stamford Plaza
MELBOURNE