DATA ANALYTICS | BUSINESS INTELLIGENCE CONSULTING

Our study identified six firm considerations that are key to establishing a data driven culture. When venturing onto the path of implementing leading-edge analytics to create a

data-driven culture, consider your organization’s responses to these questions:

• Does it have the right tone at the top? Does leadership support analytics?

• Does it have strategies for effective use of technology?

• Will it commit to collect and use data from both internal and external sources to develop and support analytics efforts?

• Will it be willing to use monetary and nonmonetary rewards to promote analytical decision making?

• Will it provide adequate resources to its analytics efforts?

• Is it willing to align its analytics efforts throughout the organization?

If the answers to these questions are consistently “yes,” your organization’s chances of successfully implementing leading-edge analytics and achieving the competitive benefits of a data-driven culture are good.