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Building Analytics Teams

You're reading from   Building Analytics Teams Harnessing analytics and artificial intelligence for business improvement

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Product type Paperback
Published in Jun 2020
Publisher Packt
ISBN-13 9781800203167
Length 394 pages
Edition 1st Edition
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Author (1):
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John K. Thompson John K. Thompson
Author Profile Icon John K. Thompson
John K. Thompson
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Table of Contents (14) Chapters Close

Preface 1. Introduction 2. An Overview of Successful and High-Performing Analytics Teams FREE CHAPTER 3. Building an Analytics Team 4. Managing and Growing an Analytics Team 5. Leadership for Analytics Teams 6. Managing Executive Expectations 7. Ensuring Engagement with Business Professionals 8. Selecting Winning Projects 9. Operationalizing Analytics – How to Move from Projects to Production 10. Managing the New Analytical Ecosystem 11. The Future of Analytics – What Will We See Next? 12. Other Books You May Enjoy
13. Index

Delegation of decision making

The final factor that I see on a daily basis in the project selection process for analytics projects is the delegation of decisions down to lower levels of the organization; executive management delegates the decision-making authority for analytics projects to the senior managers, who in turn delegate to the functional managers, who, in the majority of cases, default to what the head of analytics wants to do, or recommends, to the functional managers.

In one of my previous roles, I spoke with a senior vice president about how to prioritize the company's investment in analytical applications. I suggested that we organize a cross-functional group of executives and senior managers to review the lists of projects and assist in making fair and equitable decisions regarding where the analytics team would focus their efforts. The person thought about it for a couple weeks and when I came back to revisit the discussion, the suggestion was to delegate...

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