The strategy focuses on enhancing the performance and impact of an analytics team through three key approaches. The first strategy, improving data collection methods, involves reviewing current data sources and implementing automated tools to ensure data accuracy and relevance. For instance, training the team on new data technologies and collaborating with IT for secure data storage helps maintain data integrity and complies with privacy regulations.
The second strategy emphasizes enhancing the team's expertise. By identifying skill gaps and providing personalized training programs, the team can stay updated with industry trends. Encouraging attendance at conferences and creating knowledge-sharing sessions foster continuous learning and skill development.
The third strategy aims to increase the influence of analytics results by developing visualization tools and dashboards for management. Regular presentations to stakeholders and creating a company-wide analytics newsletter ensure insights are accessible and impactful. Employing storytelling techniques in data narratives can effectively communicate complex insights, leading to informed decision-making across the organization.
The strategies
⛳️ Strategy 1: Improve data collection methods
- Conduct a comprehensive review of current data sources
- Identify key metrics for the organisation's objectives
- Implement automated data collection tools
- Establish a process for collecting qualitative data
- Train team members on new data technologies
- Collaborate with IT for secure data storage solutions
- Create a feedback loop to refine data collection
- Develop standardised data quality checks
- Ensure compliance with data privacy regulations
- Evaluate data sources quarterly for relevance and accuracy
⛳️ Strategy 2: Enhance team expertise and skills
- Identify skill gaps through a competency assessment
- Create a personalised training programme for team members
- Encourage attendance at industry conferences and webinars
- Establish a monthly knowledge sharing session
- Facilitate cross-training among team members
- Recruit external experts for specialised workshops
- Promote certifications relevant to analytics
- Incentivise continuous learning within the team
- Set aside weekly time for team research and development
- Review skill development quarterly to adjust training focus
⛳️ Strategy 3: Increase the influence of analytics results
- Schedule regular presentations to key stakeholders
- Develop visualisation tools to simplify data insights
- Create decision-support dashboards for management
- Collaborate with business units to tailor insights
- Publish monthly reports highlighting business impact
- Solicit feedback after each analytics presentation
- Leverage storytelling techniques for data narratives
- Establish a company-wide analytics newsletter
- Track and report on the utilisation of analytics insights
- Set KPIs for the business impact of analytics
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
