Data Analytics is primarily about measurement and performance improvement. Management guru Peter Drucker once said, “You can’t manage what you can’t measure.” However, many organizations struggle to identify the hypothesis or the data and analytics model for realizing performance improvement.
So, what is your strategy or advice for selecting the data and analytics model to better measure and manage business performance? What elements would you factor in your data and analytics model that offer business value?
Please be more holistic in you feedback by including elements that encompass business goals, processes, data, technology, people, culture, leadership, stakeholder management, risks, and more.