Life Science Industry SolutionsCustomer SupportUpcoming Training Courses – Where you can search by course type, date or location.
I've got an article in DM Review which hits on one of the things about analytics that's often overlooked--the state of mind and organizational culture that their use and popularization encourages:
One of the things that adoption of analytics across the enterprise does is encourage everyone in an organization to think like an analyst. This can have effects a bit like those of the Kaizen process improvement practices that have helped to revolutionize manufacturing organizations, but extended to areas of the organization where the rigor of statistically controlled processes hasn't been found (or possible). Recently CIO magazine focused on how the Oil & Gas industry uses BI, but which featured a quote that I thought captures the idea of an anaytic culture perfectly: The idea that "It's powerful notion to run a company with the mind-set that virtually every employee is a data analyst."
Oil companies have always lived and died on BI, says Gary Lensing, VP and CIO for global exploration and production at the $32 billion Hess. "Data drives what we do, always quantifying where that value is." "The ability for people on a platform to communicate with people in the home office and work on the same set of data means we can get more production done faster and more accurately," he says. "How you choose to analyze the data and the decisions you make-there's your competitive advantage.""Engineers and geoscientists and everyone have been taught BI from the start," says Lensing... Give people in any industry access to information along with tools to interpret the past, model the future and imagine different paths between the two, he says, and they can change the trajectory of companies.
Oil companies have always lived and died on BI, says Gary Lensing, VP and CIO for global exploration and production at the $32 billion Hess. "Data drives what we do, always quantifying where that value is."
"The ability for people on a platform to communicate with people in the home office and work on the same set of data means we can get more production done faster and more accurately," he says. "How you choose to analyze the data and the decisions you make-there's your competitive advantage."
"Engineers and geoscientists and everyone have been taught BI from the start," says Lensing... Give people in any industry access to information along with tools to interpret the past, model the future and imagine different paths between the two, he says, and they can change the trajectory of companies.
There can be powerful systemic from this sort of approach to analytics. When everyone in an organization is expected to approach problems in an analytical, and fact-driven way, it makes coordination, communication and decision easier, and results in better decisions.
While I may agree that having "every employee as an analyst" generally helps, only certain folks within each organization can even access the data and let alone can look at it properly. People removed from the process need guidance and help along the path – The same way you build a storyline in slides. From a presentation POV using the data as facts and how they are interpreted shortens the discussions considerably. An old boss of mine used to say "facts are friendly" I've modified my thinking less on the friendly part and more on the facts are facts, data is data, and numbers are numbers. Enterprise adoption and a top down commitment would be great BUT it may be difficult to start that way. Departmental presentations using data coming from accepted data sources (CRM, Data Warehouses, and Accounting Platforms) to propose plans of action seems to me a good way to start selling the process internally to the senior staff.
About this Blog This blog's objective is to bring TIBCO closer to our customers, potential customers, analysts, partners, and employees. Please join the discussion and add smart comments frequently. The opinions expressed here are those of the individuals and not reviewed by anyone but the individual authors. While they are employed by TIBCO, neither TIBCO nor anybody else necessarily agrees with them.
Copyright 2000-2007 TIBCO Software Inc | Privacy Policy | Terms of Use | Spotfire Central Sitemap | Guidelines