10 Things That Smart Data-Analytics Teams Do

 
 
By Dennis McCafferty  |  Posted 03-07-2014 Email Print this article Print
 
 
 
 
 
 
 
 

In prior slideshows, we've extensively illustrated the rising role of big data in the enterprise, especially with respect to how it's driving business decision-making. To perform up to the expectations of the C-suite, your data-analytics IT team must deliver on a wide range of technology needs while still demonstrating a command of critical soft skills. The latter skillset will help your team emerge as a strategic influencer as opposed to simply a collection of tech folks. A new book, Big Data at Work: Dispelling the Myths, Uncovering the Opportunities (Harvard Business Review Press), examines how top organizations exploit big data to its fullest potential. Using examples from UPS, GE, Amazon, Citigroup and other companies, author Tom Davenport cuts through theory overload and focuses on practical, value-focused insights. In one section, he offers the following checklist requirements for any high-performing data-analytics IT team. A senior advisor to Deloitte Analytics, Davenport is also a cofounder and director of research at the International Institute for Analytics. In addition, he is the President's Distinguished Professor for Information Technology and Management at Babson College, and a fellow at the MIT Center for Digital Business. For more about the book, click here.

 
 
 
  • What Smart Data Teams Do: Enriched Perspectives

    They integrate external data with internal data to conduct high-value analysis of the business environment.
    What Smart Data Teams Do: Enriched Perspectives
  • What Smart Data Teams Do: Market Watch

    They recognize which data opportunities present the biggest potential value, especially in terms of competitive distinction.
    What Smart Data Teams Do: Market Watch
  • What Smart Data Teams Do: Migration Effort

    They constantly explore new ways to use cloud computing to process data and conduct analytics.
    What Smart Data Teams Do: Migration Effort
  • What Smart Data Teams Do: Visual Learners, Part I

    They're always looking for new tools to collect and assess unstructured data which materializes as text, video and images.
    What Smart Data Teams Do: Visual Learners, Part I
  • What Smart Data Teams Do: Visual Learners, Part II

    They're adept at deploying data visualization to further lend understanding and appreciation of the potential for big data to drive business decisions.
    What Smart Data Teams Do: Visual Learners, Part II
  • What Smart Data Teams Do: Proper Alignment

    They maintain consistent definitions and standards for all data used for analysis.
    What Smart Data Teams Do: Proper Alignment
  • What Smart Data Teams Do: Due Diligence

    They perform rigorous vetting to ensure the integrity of the data, so users, decision-makers and product developers enterprise-wide trust it.
    What Smart Data Teams Do: Due Diligence
  • What Smart Data Teams Do: In the Loop

    They collaborate extensively with channel partners, customers and other members of their business circles to share big data content and applications.
    What Smart Data Teams Do: In the Loop
  • What Smart Data Teams Do: Class Session

    They are eager to help the entire organization develop data science and analytics skills—from the front lines to the C-suite—to maximize the value of data.
    What Smart Data Teams Do: Class Session
  • What Smart Data Teams Do: Trusted Parties

    Because of these and other efforts, they are considered by the C-suite as key consultants for important data-driven business decisions and IT innovation investments.
    What Smart Data Teams Do: Trusted Parties
 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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