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Analytics Skill-Sets Challenges

The document discusses evolving an organization's analytics capabilities by focusing on people and skills. It explains that data-driven decision making requires combining people, data, and technology. Having people with the right analytics skills is key to gaining insights from data. It also outlines the data insight value chain and the various skills needed at each stage, from ingesting and processing raw data to advanced analysis and communicating insights. Finally, it notes that building an effective analytics team requires individuals with complementary skills who can collaborate and learn from each other.

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313 views6 pages

Analytics Skill-Sets Challenges

The document discusses evolving an organization's analytics capabilities by focusing on people and skills. It explains that data-driven decision making requires combining people, data, and technology. Having people with the right analytics skills is key to gaining insights from data. It also outlines the data insight value chain and the various skills needed at each stage, from ingesting and processing raw data to advanced analysis and communicating insights. Finally, it notes that building an effective analytics team requires individuals with complementary skills who can collaborate and learn from each other.

Uploaded by

api-313267258
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Evolving our analytics capability

People & skills

An Analytics Capability
Data driven decision making involves combining these 3 major components -

People

Data

Technology

Insight
Data Driven Decisions

The Analytics People/Skills Challenge

People with the right set of


skills is key to getting the
insight
People

Data

Technology

Data is increasing in volume and availability, and there is a growing proliferation


of technology to store, handle and analyse data at very large scales.

Data Insight Value Chain

Insights
Analysis
Information
Usable
data
Raw
data

Noise

Signal

Data Insight Value Chain


- Tasks / Skills

Data Visualization

Creativity
Data manipulation

Raw
data
Ingest
Store
Service

Noise

Filter
Normalise
Integrate
Link

Insights

Analysis
Information

Usable
data

Advanced Analytics
Statistics
Strategy

Business Acumen
Communication & Collaboration
Reporting / Intermediate level
insight

Data Integration
Data normalization

Software Development
Systems Administration

Describe
Tabulate
Chart

Apply business
questions
Explore
Statistical

models

Visualise

Select
Predict
Infer
Communicate
Recommend

Stats tools (e.g. SPSS)


Predictive analytics (e.g Watson
Analytics)

Visualization (e.g. Lumira)


Dashboards (e.g. SAP Dashboards,
Metapraxis)
Data manipulation (SQL)

Business Intelligence (Diamond Express)


Excel
Web analytics (Adobe)

Signal

It takes a team
Accenture white paper on data science shortage Create a team of people who individually lack the full skillset of a data scientist,
but as a group possesses these skills.
Communicate, collaborate
Boost effectiveness and retention through team learning

Source : Accenture 2013 The Team Solution to the Data Scientist Shortage
[Link]

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