The need to lead in #data and #analytics !

The need to lead in #data and #analytics !

By Fouad Bendris

In a new survey, executives say senior-leader involvement and the right organizational structure are critical factors in how successful a company’s analytics efforts are, even more important than its technical capabilities or tools. ecutives have high hopes for their data and analytics programs. Large majorities of respondents to a recent McKinsey Global Survey on the topic expect their analytics activities to have a positive impact on company revenues, margins, and organizational efficiency in the coming years !

Fouad Bendris’s insight:
For many companies—especially the low performers—the results indicate that attracting and retaining talent are more difficult for data and analytics than for other parts of the business. In particular, executives say it’s challenging both to find and to retain business users with analytical skills, even more than data scientists and engineers !

Source:: Strategy & Governance

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