Analytics Process

Over the last couple of months I have been writing about a handful of US Economic Indicators. While I have reviewed these over the last few years of my life, I had not done so on a regular basis. This inconsistent and let’s call it a casual curiosity lead to never really understanding the implications behind the numbers. Sure I could talk about them, but I could not leverage them. While not an expert by any means, I can see a lot more now than I did when I started this blog series.

This is similar to ad-hoc analysis without purpose. We do something once and create a little hype. When we don’t have any vehicle to take advantage of the newly found ideas, the idea dies as does the learning.

Think about the process of how you handle ad-hoc analytics within your organization:

• Do you have the right minds constantly looking for new issues?
• Or, do you put the right minds on solving issues when they arise?
• Can you name your best analytical minds?  Are they assigned to thought leadership and problem solving?
• Do you use your analytical minds to challenge the knowledge levels of others?
• How do you foster new thinking?

 Consistency breeds familiarity, and …

Over the last couple of months I have been writing about a handful of US Economic Indicators. While I have reviewed these over the last few years of my life, I had not done so on a regular basis. This inconsistent and let’s call it a casual curiosity lead to never really understanding the implications behind the numbers. Sure I could talk about them, but I could not leverage them. While not an expert by any means, I can see a lot more now than I did when I started this blog series.

This is similar to ad-hoc analysis without purpose. We do something once and create a little hype. When we don’t have any vehicle to take advantage of the newly found ideas, the idea dies as does the learning.

Think about the process of how you handle ad-hoc analytics within your organization:

• Do you have the right minds constantly looking for new issues?
• Or, do you put the right minds on solving issues when they arise?
• Can you name your best analytical minds?  Are they assigned to thought leadership and problem solving?
• Do you use your analytical minds to challenge the knowledge levels of others?
• How do you foster new thinking?

 Consistency breeds familiarity, and familiarity breeds knowledge

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