Building Analytics Teams: Harnessing analytics and artificial intelligence for business improvement
Master the skills necessary to hire and manage a team of highlyskilled individuals to design, build, and implement applicationsand systems based on advanced analytics and AIKey FeaturesLearn to create an operationally effective advanced analyticsteam in a corporate environmentSelect and undertake projects that have a high probability ofsuccess and deliver the improved top and bottom-line resultsUnderstand how to create relationships with executives, seniormanagers, peers, and subject matter experts that lead to teamcollaboration, increased funding, and long-term success for you andyour teamBook DescriptionIn Building Analytics Teams, John K. Thompson, with his 30+ yearsof experience and expertise, illustrates the fundamental conceptsof building and managing a high-performance analytics team,including what to do, who to hire, projects to undertake, and whatto avoid in the journey of building an analytically sound team. Thecore processes in creating an effective analytics team and theimportance of the business decision-making life cycle are exploredto help achieve initial and sustainable success.The book demonstrates the various traits of a successful andhigh-performing analytics team and then delineates the path toachieve this with insights on the mindset, advanced analyticsmodels, and predictions based on data analytics. It also emphasizesthe significance of the macro and micro processes required toevolve in response to rapidly changing business needs.The book dives into the methods and practices of managing,developing, and leading an analytics team. Once you've brought theteam up to speed, the book explains how to govern executiveexpectations and select winning projects.By the end of this book, you will have acquired the knowledge tocreate an effective business analytics team and develop aproduction environment that delivers ongoing operationalimprovements for your organization.What you will learnAvoid organizational and technological pitfalls of moving froma defined project to a production environmentEnable team members to focus on higher-value work andtasksBuild Advanced Analytics and Artificial Intelligence(AA&AI) functions in an organizationOutsource certain projects to competent and capable thirdpartiesSupport the operational areas that intend to invest in businessintelligence, descriptive statistics, and small-scale predictiveanalyticsAnalyze the operational area, the processes, the data, and theorganizational resistance* Who this book is forThis book is for senior executives, senior and junior managers, andthose who are working as part of a team that is accountable fordesigning, building, delivering and ensuring business successthrough advanced analytics and artificial intelligence systems andapplications. At least 5 to 10 years of experience in driving yourorganization to a higher level of efficiency will be helpful.