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Analytics at Work
Not every company uses analytics competitively, but all can improve decision-making and results through data.
Analytical Capabilities
Includes data, enterprise leadership, targets, analysts, technology, and advanced analytics.
Analytical Culture
A culture that promotes curiosity, problem-solving, and evidence-based decision-making.
CDAO
Chief Data and Analytics Officer, responsible for the enterprise's data strategy and capabilities.
Desired Results of Analytics
Better decisions through systematic reviews and enhanced data usage.
'Test and Learn' Emphasis
Encourages experimentation in areas lacking hard data.
Embedding Analytics
Integrating analytics into organizational decision-making and processes.
Importance of Audience Analysis
Tailoring presentations based on audience’s prior knowledge and sensitivity.
Effective Decision Flow
A seamless transition from findings to conclusions and actions.
Data-Driven Decision Making
The practice of making decisions based on data analysis and interpretation.
Operational Decision-Making
Day-to-day decisions informed by analytics to improve outcomes.
Analytical Maturity
The progression towards a more sophisticated approach to using analytics in organizations.
Free Pass for Pushbacks
Encouraging challenges to decisions based on the lack of supporting data.
Focus on Action After Analysis
Taking initiative based on insights gained from data analysis.
Organizational Context
The environment in which analytics contribute to improved business processes.
Systematic Review in Analytics
Regular assessment of analytical practices to ensure effectiveness.
Decisions Based on Evidence
Making choices using verified facts and analysis rather than intuition.
Information Presentation Sequence
Order in which findings and implications are presented during a presentation.
Curiosity in Analytical Culture
Encouraging a mindset that seeks to explore and understand problems deeply.
Integration of Analytics in Business
Ensuring that analytics influence corporate behaviors and customer expectations.
Gartner's Description of CDAO
A senior executive responsible for data strategy, governance, and effective exploitation.