SlideShare a Scribd company logo
An Analysis of the article
A Leader’s Guide to Data
Analytics
A working knowledge of data science can help you
lead with confidence.
Based on insights from Florian
Zettelmeyer
How to turn analytics into genuine insight :
● Understand the experiment
● Generate data with a strategic imperative – keep a
clear idea of how to use it
● Understand the data-generation process – know
where the data was collected from
● Use domain knowledge – the knowledge of one's own
business to explain results
● Develop a “know it and not just think it” culture in
the company
List the two most
(important/interesting/
informative)
insights from this ARTICLE ?
The first insight is that Data Science has now become an
essential business tool. Companies need to integrate data science
and analytics in their strategies and projects to grow.
Fortunately, managing well with analytics doesn't require one to
be a math or CS wizard. All it need is “a working knowledge” of
data science – the ability to separate the good data from the bad,
and knowing where precisely analytics can add value.
There are various exceptional cases where the results inferred
from data can be strange. For example – the Reader's Digest
case and the Subaru station wagon auto dealership case.
Managers MUST be careful of deriving the wrong result from the
right statistics. They should be aware of and follow the steps of
turning data into useful insights.
Why and How are these
insights relevant to a
manager in India?
The business world is being revolutionized with the
integration of big data in it. Learning how to apply data
analysis to business problems will help managers address
problems in marketing, reverse causality etc.
Few managers are fully confident with analytics.
Managers in India, especially in medium-scale and
small-scale companies have to lead a data-driven
culture integration to gain an edge. For this, they
must self-learn first.
- PARUL VERMA

More Related Content

What's hot

Week 2, day 6 assignment
Week 2, day 6  assignmentWeek 2, day 6  assignment
Week 2, day 6 assignment
ShwethaBhaskaran1
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
Yogita Bansal
 
Analysis of how to start thinking like a data scientist by thomas c. redman
Analysis of how to start thinking like a data scientist by thomas c. redmanAnalysis of how to start thinking like a data scientist by thomas c. redman
Analysis of how to start thinking like a data scientist by thomas c. redman
Darpan Deoghare
 
A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
Harshit Sahni
 
Big data Analytics for Resource Management by Cenacle Research
Big data Analytics for Resource Management by Cenacle ResearchBig data Analytics for Resource Management by Cenacle Research
Big data Analytics for Resource Management by Cenacle Research
Gopalakrishna Palem
 
85/15 Model
85/15 Model 85/15 Model
85/15 Model
Siddharth Jha
 
ANALYTICS SOLUTIONS
ANALYTICS SOLUTIONSANALYTICS SOLUTIONS
ANALYTICS SOLUTIONS
Grazitti Interactive
 
Business analytics
Business analytics Business analytics
Business analytics
Sagnik Banerjee
 
You may not need big data after all
You may not need big data after allYou may not need big data after all
You may not need big data after all
Parul Verma
 
Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"
Potlacheruvu Sai Krishna Vamsi
 
Relevant insights for a manager in India
Relevant insights for a manager in IndiaRelevant insights for a manager in India
Relevant insights for a manager in India
Prince Barai
 
Presentation on BI & HR Mgt
Presentation on BI & HR MgtPresentation on BI & HR Mgt
Presentation on BI & HR Mgt
Ekemini Anthony Essiet
 
Week4day1
Week4day1Week4day1
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Shaun Kollannur
 
Simplify your analytics strategy
Simplify your analytics strategySimplify your analytics strategy
Simplify your analytics strategy
Varun Tandon
 
Why you should love statistics
Why you should love statisticsWhy you should love statistics
Why you should love statistics
Srijani Das
 
Business analytics course
Business analytics courseBusiness analytics course
Business analytics course
SuparnaR1
 
How to start thinking like a data scientist
How to start thinking like a data scientistHow to start thinking like a data scientist
How to start thinking like a data scientist
Nishant Kumar
 
Advanced analytics
Advanced analyticsAdvanced analytics
Advanced analytics
Vemparala Bharadwaja
 
Data literate
Data literateData literate
Data literate
Pratik Kumar
 

What's hot (20)

Week 2, day 6 assignment
Week 2, day 6  assignmentWeek 2, day 6  assignment
Week 2, day 6 assignment
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
 
Analysis of how to start thinking like a data scientist by thomas c. redman
Analysis of how to start thinking like a data scientist by thomas c. redmanAnalysis of how to start thinking like a data scientist by thomas c. redman
Analysis of how to start thinking like a data scientist by thomas c. redman
 
A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
 
Big data Analytics for Resource Management by Cenacle Research
Big data Analytics for Resource Management by Cenacle ResearchBig data Analytics for Resource Management by Cenacle Research
Big data Analytics for Resource Management by Cenacle Research
 
85/15 Model
85/15 Model 85/15 Model
85/15 Model
 
ANALYTICS SOLUTIONS
ANALYTICS SOLUTIONSANALYTICS SOLUTIONS
ANALYTICS SOLUTIONS
 
Business analytics
Business analytics Business analytics
Business analytics
 
You may not need big data after all
You may not need big data after allYou may not need big data after all
You may not need big data after all
 
Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"Managerial insights on article - "Making Advanced Analytics Work for You"
Managerial insights on article - "Making Advanced Analytics Work for You"
 
Relevant insights for a manager in India
Relevant insights for a manager in IndiaRelevant insights for a manager in India
Relevant insights for a manager in India
 
Presentation on BI & HR Mgt
Presentation on BI & HR MgtPresentation on BI & HR Mgt
Presentation on BI & HR Mgt
 
Week4day1
Week4day1Week4day1
Week4day1
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Simplify your analytics strategy
Simplify your analytics strategySimplify your analytics strategy
Simplify your analytics strategy
 
Why you should love statistics
Why you should love statisticsWhy you should love statistics
Why you should love statistics
 
Business analytics course
Business analytics courseBusiness analytics course
Business analytics course
 
How to start thinking like a data scientist
How to start thinking like a data scientistHow to start thinking like a data scientist
How to start thinking like a data scientist
 
Advanced analytics
Advanced analyticsAdvanced analytics
Advanced analytics
 
Data literate
Data literateData literate
Data literate
 

Similar to A leader’s guide to data analytics

A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
CHARANJEET SINGH AHLUWALIA
 
Imarticus Roundtable Analytics Conference Summary
Imarticus Roundtable Analytics Conference SummaryImarticus Roundtable Analytics Conference Summary
Imarticus Roundtable Analytics Conference Summary
Narasimhalu Senthil
 
"a leader's guide to data analytics"
"a leader's guide to data analytics""a leader's guide to data analytics"
"a leader's guide to data analytics"
Nishant Kumar
 
"A Leader’s Guide to Data Analytics"
"A Leader’s Guide to Data Analytics""A Leader’s Guide to Data Analytics"
"A Leader’s Guide to Data Analytics"
Shloka Srivastava
 
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
Dheepika Chokkalingam
 
Analytics Isn’t Enough To Create A Data–Driven Culture
Analytics Isn’t Enough To Create A Data–Driven CultureAnalytics Isn’t Enough To Create A Data–Driven Culture
Analytics Isn’t Enough To Create A Data–Driven Culture
aNumak & Company
 
A leader's guide to data analytics
A leader's guide to data analyticsA leader's guide to data analytics
A leader's guide to data analytics
Astha Jagetiya
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Tavva G N R S N Prudhvith
 
A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
TanayKarnik1
 
DSA Presentation 4
DSA Presentation 4DSA Presentation 4
DSA Presentation 4
Akankshi Mody
 
Making analytics work for you
Making analytics work for youMaking analytics work for you
Making analytics work for you
Kunal Bhattacharya
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Aayushi Shanker
 
Driving Value Through Data Analytics: The Path from Raw Data to Informational...
Driving Value Through Data Analytics: The Path from Raw Data to Informational...Driving Value Through Data Analytics: The Path from Raw Data to Informational...
Driving Value Through Data Analytics: The Path from Raw Data to Informational...
Cognizant
 
Data set module 2
Data set   module 2Data set   module 2
Data set module 2
Data-Set
 
Techs And Execs - Aligning Business
Techs And Execs - Aligning BusinessTechs And Execs - Aligning Business
Techs And Execs - Aligning Business
Craig Mathews
 
Data set Improve your business with your own business data
Data set   Improve your business with your own business dataData set   Improve your business with your own business data
Data set Improve your business with your own business data
Data-Set
 
The AI business checklist for CEOs
The AI business checklist for CEOsThe AI business checklist for CEOs
The AI business checklist for CEOs
Kye Andersson
 
Data analytics for the mid-market: myth vs. reality
Data analytics for the mid-market: myth vs. realityData analytics for the mid-market: myth vs. reality
Data analytics for the mid-market: myth vs. reality
Deloitte Canada
 
a Leader's guide to Data Analytics
a Leader's guide to Data Analyticsa Leader's guide to Data Analytics
a Leader's guide to Data Analytics
Srijani Das
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
Yogesh Kumar
 

Similar to A leader’s guide to data analytics (20)

A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
 
Imarticus Roundtable Analytics Conference Summary
Imarticus Roundtable Analytics Conference SummaryImarticus Roundtable Analytics Conference Summary
Imarticus Roundtable Analytics Conference Summary
 
"a leader's guide to data analytics"
"a leader's guide to data analytics""a leader's guide to data analytics"
"a leader's guide to data analytics"
 
"A Leader’s Guide to Data Analytics"
"A Leader’s Guide to Data Analytics""A Leader’s Guide to Data Analytics"
"A Leader’s Guide to Data Analytics"
 
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
Analysis of "A leader's guide to data analytics - Florian Zettelmeyer"
 
Analytics Isn’t Enough To Create A Data–Driven Culture
Analytics Isn’t Enough To Create A Data–Driven CultureAnalytics Isn’t Enough To Create A Data–Driven Culture
Analytics Isn’t Enough To Create A Data–Driven Culture
 
A leader's guide to data analytics
A leader's guide to data analyticsA leader's guide to data analytics
A leader's guide to data analytics
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
A Leader’s Guide to Data Analytics
A Leader’s Guide to Data AnalyticsA Leader’s Guide to Data Analytics
A Leader’s Guide to Data Analytics
 
DSA Presentation 4
DSA Presentation 4DSA Presentation 4
DSA Presentation 4
 
Making analytics work for you
Making analytics work for youMaking analytics work for you
Making analytics work for you
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Driving Value Through Data Analytics: The Path from Raw Data to Informational...
Driving Value Through Data Analytics: The Path from Raw Data to Informational...Driving Value Through Data Analytics: The Path from Raw Data to Informational...
Driving Value Through Data Analytics: The Path from Raw Data to Informational...
 
Data set module 2
Data set   module 2Data set   module 2
Data set module 2
 
Techs And Execs - Aligning Business
Techs And Execs - Aligning BusinessTechs And Execs - Aligning Business
Techs And Execs - Aligning Business
 
Data set Improve your business with your own business data
Data set   Improve your business with your own business dataData set   Improve your business with your own business data
Data set Improve your business with your own business data
 
The AI business checklist for CEOs
The AI business checklist for CEOsThe AI business checklist for CEOs
The AI business checklist for CEOs
 
Data analytics for the mid-market: myth vs. reality
Data analytics for the mid-market: myth vs. realityData analytics for the mid-market: myth vs. reality
Data analytics for the mid-market: myth vs. reality
 
a Leader's guide to Data Analytics
a Leader's guide to Data Analyticsa Leader's guide to Data Analytics
a Leader's guide to Data Analytics
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 

More from Parul Verma

Lies, damned lies and statistics
Lies, damned lies and statisticsLies, damned lies and statistics
Lies, damned lies and statistics
Parul Verma
 
Big data hype (and reality)
Big data hype (and reality)Big data hype (and reality)
Big data hype (and reality)
Parul Verma
 
How to use data to make a hit tv show
How to use data to make a hit tv showHow to use data to make a hit tv show
How to use data to make a hit tv show
Parul Verma
 
The big data revolution in healthcare
The big data revolution in healthcareThe big data revolution in healthcare
The big data revolution in healthcare
Parul Verma
 
3 ways to spot a bad statistic
3 ways to spot a bad statistic3 ways to spot a bad statistic
3 ways to spot a bad statistic
Parul Verma
 
A predictive analytics primer
A predictive analytics primerA predictive analytics primer
A predictive analytics primer
Parul Verma
 
The best stats you've ever seen
The best stats you've ever seenThe best stats you've ever seen
The best stats you've ever seen
Parul Verma
 
Data is worthless if you don't communicate it
Data is worthless if you don't communicate itData is worthless if you don't communicate it
Data is worthless if you don't communicate it
Parul Verma
 
Beauty of data visualization
Beauty of data visualizationBeauty of data visualization
Beauty of data visualization
Parul Verma
 
Are you data driven
Are you data drivenAre you data driven
Are you data driven
Parul Verma
 
Make data more human
Make data more humanMake data more human
Make data more human
Parul Verma
 
How to Start Thinking Like a Data Scientist" by Thomas C. Redman
How to Start Thinking Like a Data Scientist" by Thomas C. RedmanHow to Start Thinking Like a Data Scientist" by Thomas C. Redman
How to Start Thinking Like a Data Scientist" by Thomas C. Redman
Parul Verma
 
What do we do with all this big data?
What do we do with all this big data? What do we do with all this big data?
What do we do with all this big data?
Parul Verma
 
Data Scientists : The Hottest job of the 21st century
Data Scientists : The Hottest job of the 21st centuryData Scientists : The Hottest job of the 21st century
Data Scientists : The Hottest job of the 21st century
Parul Verma
 
Analysis of Alan Smith TED talk
Analysis of Alan Smith TED talkAnalysis of Alan Smith TED talk
Analysis of Alan Smith TED talk
Parul Verma
 
Final project
Final projectFinal project
Final project
Parul Verma
 
Krispy natural
Krispy naturalKrispy natural
Krispy natural
Parul Verma
 
Twitter
TwitterTwitter
Twitter
Parul Verma
 

More from Parul Verma (18)

Lies, damned lies and statistics
Lies, damned lies and statisticsLies, damned lies and statistics
Lies, damned lies and statistics
 
Big data hype (and reality)
Big data hype (and reality)Big data hype (and reality)
Big data hype (and reality)
 
How to use data to make a hit tv show
How to use data to make a hit tv showHow to use data to make a hit tv show
How to use data to make a hit tv show
 
The big data revolution in healthcare
The big data revolution in healthcareThe big data revolution in healthcare
The big data revolution in healthcare
 
3 ways to spot a bad statistic
3 ways to spot a bad statistic3 ways to spot a bad statistic
3 ways to spot a bad statistic
 
A predictive analytics primer
A predictive analytics primerA predictive analytics primer
A predictive analytics primer
 
The best stats you've ever seen
The best stats you've ever seenThe best stats you've ever seen
The best stats you've ever seen
 
Data is worthless if you don't communicate it
Data is worthless if you don't communicate itData is worthless if you don't communicate it
Data is worthless if you don't communicate it
 
Beauty of data visualization
Beauty of data visualizationBeauty of data visualization
Beauty of data visualization
 
Are you data driven
Are you data drivenAre you data driven
Are you data driven
 
Make data more human
Make data more humanMake data more human
Make data more human
 
How to Start Thinking Like a Data Scientist" by Thomas C. Redman
How to Start Thinking Like a Data Scientist" by Thomas C. RedmanHow to Start Thinking Like a Data Scientist" by Thomas C. Redman
How to Start Thinking Like a Data Scientist" by Thomas C. Redman
 
What do we do with all this big data?
What do we do with all this big data? What do we do with all this big data?
What do we do with all this big data?
 
Data Scientists : The Hottest job of the 21st century
Data Scientists : The Hottest job of the 21st centuryData Scientists : The Hottest job of the 21st century
Data Scientists : The Hottest job of the 21st century
 
Analysis of Alan Smith TED talk
Analysis of Alan Smith TED talkAnalysis of Alan Smith TED talk
Analysis of Alan Smith TED talk
 
Final project
Final projectFinal project
Final project
 
Krispy natural
Krispy naturalKrispy natural
Krispy natural
 
Twitter
TwitterTwitter
Twitter
 

Recently uploaded

University of New South Wales degree offer diploma Transcript
University of New South Wales degree offer diploma TranscriptUniversity of New South Wales degree offer diploma Transcript
University of New South Wales degree offer diploma Transcript
soxrziqu
 
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
sameer shah
 
Everything you wanted to know about LIHTC
Everything you wanted to know about LIHTCEverything you wanted to know about LIHTC
Everything you wanted to know about LIHTC
Roger Valdez
 
Intelligence supported media monitoring in veterinary medicine
Intelligence supported media monitoring in veterinary medicineIntelligence supported media monitoring in veterinary medicine
Intelligence supported media monitoring in veterinary medicine
AndrzejJarynowski
 
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
Timothy Spann
 
Predictably Improve Your B2B Tech Company's Performance by Leveraging Data
Predictably Improve Your B2B Tech Company's Performance by Leveraging DataPredictably Improve Your B2B Tech Company's Performance by Leveraging Data
Predictably Improve Your B2B Tech Company's Performance by Leveraging Data
Kiwi Creative
 
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
bopyb
 
Challenges of Nation Building-1.pptx with more important
Challenges of Nation Building-1.pptx with more importantChallenges of Nation Building-1.pptx with more important
Challenges of Nation Building-1.pptx with more important
Sm321
 
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
74nqk8xf
 
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
nuttdpt
 
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
Timothy Spann
 
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
74nqk8xf
 
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
Timothy Spann
 
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
v7oacc3l
 
Learn SQL from basic queries to Advance queries
Learn SQL from basic queries to Advance queriesLearn SQL from basic queries to Advance queries
Learn SQL from basic queries to Advance queries
manishkhaire30
 
My burning issue is homelessness K.C.M.O.
My burning issue is homelessness K.C.M.O.My burning issue is homelessness K.C.M.O.
My burning issue is homelessness K.C.M.O.
rwarrenll
 
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
zsjl4mimo
 
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
Social Samosa
 
Influence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business PlanInfluence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business Plan
jerlynmaetalle
 
Experts live - Improving user adoption with AI
Experts live - Improving user adoption with AIExperts live - Improving user adoption with AI
Experts live - Improving user adoption with AI
jitskeb
 

Recently uploaded (20)

University of New South Wales degree offer diploma Transcript
University of New South Wales degree offer diploma TranscriptUniversity of New South Wales degree offer diploma Transcript
University of New South Wales degree offer diploma Transcript
 
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
STATATHON: Unleashing the Power of Statistics in a 48-Hour Knowledge Extravag...
 
Everything you wanted to know about LIHTC
Everything you wanted to know about LIHTCEverything you wanted to know about LIHTC
Everything you wanted to know about LIHTC
 
Intelligence supported media monitoring in veterinary medicine
Intelligence supported media monitoring in veterinary medicineIntelligence supported media monitoring in veterinary medicine
Intelligence supported media monitoring in veterinary medicine
 
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
06-12-2024-BudapestDataForum-BuildingReal-timePipelineswithFLaNK AIM
 
Predictably Improve Your B2B Tech Company's Performance by Leveraging Data
Predictably Improve Your B2B Tech Company's Performance by Leveraging DataPredictably Improve Your B2B Tech Company's Performance by Leveraging Data
Predictably Improve Your B2B Tech Company's Performance by Leveraging Data
 
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
一比一原版(GWU,GW文凭证书)乔治·华盛顿大学毕业证如何办理
 
Challenges of Nation Building-1.pptx with more important
Challenges of Nation Building-1.pptx with more importantChallenges of Nation Building-1.pptx with more important
Challenges of Nation Building-1.pptx with more important
 
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
一比一原版(Coventry毕业证书)考文垂大学毕业证如何办理
 
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
一比一原版(UCSF文凭证书)旧金山分校毕业证如何办理
 
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
 
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
一比一原版(Chester毕业证书)切斯特大学毕业证如何办理
 
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Dat...
 
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
在线办理(英国UCA毕业证书)创意艺术大学毕业证在读证明一模一样
 
Learn SQL from basic queries to Advance queries
Learn SQL from basic queries to Advance queriesLearn SQL from basic queries to Advance queries
Learn SQL from basic queries to Advance queries
 
My burning issue is homelessness K.C.M.O.
My burning issue is homelessness K.C.M.O.My burning issue is homelessness K.C.M.O.
My burning issue is homelessness K.C.M.O.
 
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
一比一原版(Harvard毕业证书)哈佛大学毕业证如何办理
 
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...
 
Influence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business PlanInfluence of Marketing Strategy and Market Competition on Business Plan
Influence of Marketing Strategy and Market Competition on Business Plan
 
Experts live - Improving user adoption with AI
Experts live - Improving user adoption with AIExperts live - Improving user adoption with AI
Experts live - Improving user adoption with AI
 

A leader’s guide to data analytics

  • 1. An Analysis of the article A Leader’s Guide to Data Analytics A working knowledge of data science can help you lead with confidence. Based on insights from Florian Zettelmeyer
  • 2.
  • 3. How to turn analytics into genuine insight : ● Understand the experiment ● Generate data with a strategic imperative – keep a clear idea of how to use it ● Understand the data-generation process – know where the data was collected from ● Use domain knowledge – the knowledge of one's own business to explain results ● Develop a “know it and not just think it” culture in the company
  • 4. List the two most (important/interesting/ informative) insights from this ARTICLE ?
  • 5. The first insight is that Data Science has now become an essential business tool. Companies need to integrate data science and analytics in their strategies and projects to grow.
  • 6. Fortunately, managing well with analytics doesn't require one to be a math or CS wizard. All it need is “a working knowledge” of data science – the ability to separate the good data from the bad, and knowing where precisely analytics can add value.
  • 7. There are various exceptional cases where the results inferred from data can be strange. For example – the Reader's Digest case and the Subaru station wagon auto dealership case.
  • 8. Managers MUST be careful of deriving the wrong result from the right statistics. They should be aware of and follow the steps of turning data into useful insights.
  • 9.
  • 10. Why and How are these insights relevant to a manager in India?
  • 11. The business world is being revolutionized with the integration of big data in it. Learning how to apply data analysis to business problems will help managers address problems in marketing, reverse causality etc.
  • 12.
  • 13. Few managers are fully confident with analytics. Managers in India, especially in medium-scale and small-scale companies have to lead a data-driven culture integration to gain an edge. For this, they must self-learn first.
  • 14.