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6 steps to business analytics success
Milestones on the path to value
By establishing a strategic framework for analytics, businesses can gain long-term value from their data. Follow these six steps to business analytics excellence.
The path to analytics is lined with opportunities to succeed and grow the bottom line. But along the way are hidden obstacles that can trip up unwary companies - especially those without a well-defined implementation approach. What does such an approach look like? Within a broad, enterprise context, there are six important steps to an effective analytics journey, from defining the strategy through implementation and measurement:
- Analytics strategy
- Analytics solution creation
- Operational integration
- Technology interaction
- Change management
- Performance management