SynergySights believes about having an “analytics culture” is one of the strongest indicators of future analytics success and developing an analytics strategy is an active process that plays a key role in building an effective, data-driven culture.

Creating a successful analytics strategy requires assessing your unique business challenges, matching those challenges with relevant data and resources, and establishing processes that grow your capabilities.

Developing an analytics strategy is a complex process that yields many surprising, company-wide benefits. There are many levels of analytics and modeling technologies and it is important to create analytics strategies that are customized to an organization’s unique business challenges, available skills, data infrastructure, and analytics maturity based on the following elements:

• Vision & Mission
• Concept of Operations
• Business Model
• Performance and Return on Investment
• Model Development Process
• Project Intake Process
• Organizational Structures
• Roles & Responsibilities and Oversight
• Program Workflow
• Communication, Marketing and Training
• Key Short and Long Term Goals

How We Work With You

• Strategies for using analytics to improve organizational decision-making.
• Recommendations on how to grow analytics capabilities.
• Plans for short and long-term analytics opportunities, prioritized based on feasibility and return on investment.

Prior to the engagement we will work collaboratively to determine an agenda that will provide the greatest value.

• Some example focus areas include:Understanding strategic business goals and current analytics initiatives.
• Assessing current analytics capabilities and how to build an analytics team.
• Defining key performance metrics and baseline goals for analytics
• Discussing potential projects that will provide early momentum and return on investment.
• Exploring data sources that may be leveraged for strategic analytics projects.