"First, I take exception with the ubiquitous and unfounded idea that expensive college degrees are somehow worth more--the tuition bubble. In the case of statistical training, I am observing the opposite. I think other factors, which…"
""Have a loose, informal organization of all the analytics folks that are sprinkled througout the business lines."
Anthony, I'd have to disagree with this statement, unless I didn't understand correctly what you're saying.…"
"The discussion here makes it seem like locating the analytics function in the organization is a choice between the lesser of two evils.
1. Report to the line-of-business that uses the statistics/analysis.
2. Report to a central analytics…"
"There is a erroneous belief in business that analytics/Statistics is context related (just look jobs advertisements for analytics), yes a context experienced analyst will take less time in doing his analysis, while a non context experienced analyst…"
"@ Paul Wilson
I read the paper and found it to be interesting. I especially liked the Analytical Decision Process Spider Diagram. I will look for the book.
The paper claims that the best analytics companies have a centralized group. We agree. As…"
"@Abd Errahmane Mouha
I think this is a great structure. It is flexible enough for most businesses. The resources of the central group can be stronger technically and the line-of-business groups can focus on the local issues.
Yet, few corporations…"
Here are my opinions in regards to your questions:
"Here are two interesting questions: 1. Do businesses benefit from an ‘enterprise wide’ analytics group?"
Yes, they do. I'm a part of such a centralized…"
"Statisticians/Analysts should be at a corporate level that is part of "Decision making and business support" that takes care of strategic decisions and management changes, however business lines need staff to be trained in using statistics…"
"I agree with both of you. If statistics is placed in a particular line of business, then it is not very ‘enterprise wide’ (shared, centralized group). Also, there are many benefits to be derived from a more independent analytics…"
"I agree with Paul.
Analytics can be a powerful device for the high-level decision makers when used optimally incoprorating all aspects of a business. For instance, if marketing wants to show good numbers by acquiring any customer it can without any…"
"Depends on may factors, but if analytics is to be a shared, centralized group (i.e. not report to silos/individual line of business like, say CRM), there should be a separate stream with a VP, Analytics type of position available for optimum…"
"Of course, analytics provides a lift and most companies under utilize analytics. They are leaving money on the table because they have not adapted to the Information Age. Any business in an industry with good data will eventually require analytics…"
I have had similar unpleasant interviewing experiences. As far as I know, in each case I was being considered for the job. However, I would handle both situations in the same manner.
I just had this happen three months ago. I was asked how to…"
May 2010: I was a guest on WCHE Radio, "This Week in Business." Great fun!
April 2010: I just presented at Eye For Pharma in Barcelona, Spain. It was a rush; I recommend this conference.
At the moment, I am writing a book on business analytics and would like to hear from professionals regarding the topic.
I am now practicing my trade with Blue Sigma Analytics.
Practicing statistician with 20 years of business experience. Ph.D. & M.S. from department of statistics at Texas A&M University. B.S. in computer science & statistics at Iowa State University. Breadth of statistical tools and programming languages.
Thanks for the reply Randy! Let's do 4 pm eastern if that works for you. I'll plan on calling you. If you get a chance would you mind shooting me a copy of your resume. My email is firstname.lastname@example.org .
Hello Randy! My name is Howard Kaplin with Teknetex. I do han opportunity that I'd like to discuss with you. It appears from your bio that it could be a very solid fit. Please contact me either at 615-750-3425 ext 108, or email me at email@example.com and we can set a time to speak.