Analytics is at the forefront of the C-suite's agenda these
days. Operating in today's complex, highly regulated business
environment, leaders can no longer just "trust their
gut." Most companies already have at least a subset of the
capabilities they need to engage in business analytics. The
challenge is to push those capabilities even deeper into the
organization — from business executives to the front
lines.
As more and more organizations pursue analytics as a business
tool, those that can effectively use analytic insights to inform
high impact processes and decisions have the opportunity to
outperform those that lag behind.
Analytics is not a project with a nice deliverable that you put
on a shelf. It is a continuous cycle of understanding and improving
business process performance. It should focus on high-impact areas,
and ask smart questions. Organizations that have mastered applying
analytics to support enterprise decision-making tend to focus on
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