JSM 2013 Home
Online Program Home
My Program

Abstract Details

Activity Number: 429
Type: Contributed
Date/Time: Tuesday, August 6, 2013 : 2:00 PM to 3:50 PM
Sponsor: Business and Economic Statistics Section
Abstract - #309189
Title: Failures and Solutions in Organizing Business Analytics Resources
Author(s): Randy Bartlett*+
Companies: Blue Sigma Analytics
Keywords: Analytics-Based Decision Making ; Business Analytics ; Case Studies ; CoEs ; Leadership ; Organization

There is a tremendous opportunity to improve the organization of analytics resources. This is emphasized by Big Data; a dearth of statisticians; and regular failures in analytics and decision making. We discuss some of these failures and borrow from lessons learned at various corporations, including AIG, AstraZeneca, Fannie Mae, Freddie Mac, Citigroup, Infosys, PricewaterhouseCoopers, etc.

We cover four aspects to organizing advanced analytics teams: 1. Team composition, 2. Team structure, 3. Leadership and management, and 4. Location of the resources.

The most important part of this reorganization is to expand the team to include more leaders and analytics-based decision makers. We discuss the contents and structure of extended analytics teams. We explain the differences between managing and leading as revealed by Warren Bennis. We discuss the advantages of leadership possessing training in analytics. Finally, we cover the topic of where to place analytics resources, externally, locally within some lines of business, centrally (CoEs), or a combination of these there.

This presentation is based upon findings in A Practitioner's Guide To Business Analytics.

Authors who are presenting talks have a * after their name.

Back to the full JSM 2013 program

2013 JSM Online Program Home

For information, contact jsm@amstat.org or phone (888) 231-3473.

If you have questions about the Continuing Education program, please contact the Education Department.

The views expressed here are those of the individual authors and not necessarily those of the JSM sponsors, their officers, or their staff.

ASA Meetings Department  •  732 North Washington Street, Alexandria, VA 22314  •  (703) 684-1221  •  meetings@amstat.org
Copyright © American Statistical Association.