Creating Your Analytics Roadmap
The first step in working with Data SEA Consulting is to create a plan for how your organization can develop powerful analytics solutions capable of driving revenue growth or generating cost savings. A critical component of the planning phase is selecting the 2–3 analytics solutions that will deliver the highest ROI for your business.
The world of analytics is full of projects that were unsuccessful because they were treated as science projects, where the end outputs were not tied to driving real business value. Taking the time to measure twice during the planning phase before cutting once during the execution phase helps Data SEA Consulting ensure that our clients generate a meaningful return on their investment in their data program.
PLANNING
Step 1: Business Model and Goals
What is the business model and objectives? What opportunities exist but have been challenging to achieve? What pain points are inhibiting growth or the ability to drive efficiencies?
Step 2: Possible Analytics Solutions
What analytics solutions could drive value for the business and support the opportunities that are most valuable to meeting objectives?
Step 3: Data, Technology and Talent
What data, technology and talent is required to develop and maintain the analytics solutions? What is required for the initial solution on the roadmap vs. solutions down the road?
Step 4: Create a Data Strategy Roadmap and Move on to Execution
Create a data strategy roadmap to drive long term value, while delivering value back to the business quickly and frequently to gain buy-in from stakeholders.
