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BDA for FS - Analytics Challenges 20150702 FINAL

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ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

1 - INTRODUCTION

1 - INTRODUCTION

DISCLAIMER

ALL VIEWS ARE MY OWN

BASED ON 25 YEARS EXPERIENCE

VENDORS MAY NOT LIKE WHAT I SAY!

MENTION OF PRODUCTS, TOOLS, SERVICES & COMPANIES SHOULD

NOT BE TREATED AS AN ENDORSEMENT (OR A CRITICISM)

NAMES HAVE BEEN CHANGED TO PROTECT THE GUILTY!

IF YOU’D LIKE A COPY OF THE PRESENTATION THEN GET IN TOUCH

1 – INTRODUCTION – YOU?

1 – INTRODUCTION – THIS PRESENTATION

• Based on experience gained in various industries

• Lessons learned and shared are relevant for both B2B and B2C

• Will cover not just what is needed to deal with the challenges of analytics but also give examples of how

• Will include a five point plan about aspects that are critical for success

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

2 – BACKGROUND (CHALLENGES)INTERNAL

• Legacy Apps

• Merger & Acquisition

• Business Agility

• Business Unit mentality

• Data Governance & Data Quality

EXTERNAL

• Compliance

• Regulatory Change

• Political Change

• Global Economics

• Competitor Pressure

2 – BACKGROUND (CHALLENGES)• Legacy Apps Designed for data entry, not for reporting & analytics

2 – BACKGROUND (CHALLENGES)• Merger & Acquisition -> Fragmented Systems of Record and no common definitions

2 – BACKGROUND (CHALLENGES)

• Legacy Apps Designed for data entry, not for reporting & analytics

• Merger & Acquisition -> Fragmented Systems of Record and no common definitions

• Business Agility -> Business keeps moving and priorities keep changing

• Business Unit mentality -> Silo mentality

• Data Governance & Data Quality -> Oh Dear!

2 – BACKGROUND (CHALLENGES)

• Legacy Apps Designed for data entry, not for reporting & analytics

• Merger & Acquisition -> Fragmented Systems of Record and no common definitions

• Business Agility -> Business keeps moving and priorities keep changing

• Business Unit mentality -> Silo mentality

• Data Governance & Data Quality -> Oh Dear!

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

3 - WHAT IS NEEDED ? DASHBOARDS!

3 - WHAT IS NEEDED ? DASHBOARDS!

3 – WHAT IS NEEDED

I. QUICK WINS

II. TRUST

III. EXECUTIVE SUPPORT

IV. DATA SILOS MASHUPS

3 – WHAT IS NEEDED

QUICK WINS - How to ensure they're quick and they deliver a win

3 – WHAT IS NEEDED

TRUST - Establishing credibility & user adoption

3 – WHAT IS NEEDED

EXECUTIVE SUPPORT - Gaining Boardroom buy-in

3 – WHAT IS NEEDED

DATA SILOS MASHUPS - removing silo'd thinking

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

4 – HOW TO DELIVER IT

• Evolution of Analytics

• Small Data vs Big Data

• Hype vs Reality

• Case Studies

4 – HOW TO DELIVER IT

• Evolution of Analytics

4 – HOW TO DELIVER IT

• Small Data vs Big Data

4 – HOW TO DELIVER IT

• Small Data vs Big Data

4 – HOW TO DELIVER IT• Hype vs Reality – Data Discovery

Well

documented

Well

documented

4 – HOW TO DELIVER IT

• Case Studies

I. QUICK WINS - How to ensure they're quick and they deliver a win

II. TRUST - Establishing credibility & user adoption

III. EXECUTIVE SUPPORT - Gaining Boardroom buy-in

IV. ADDRESSING DATA SILO'S - removing silo'd thinking

4 – HOW TO DELIVER IT – QUICK WINS

"how would you plan a three year BI project?“

4 – HOW TO DELIVER IT – QUICK WINS

"Is this data right"? - incremental extension to include sales performance data

0 1 2 3 4 5 6 7 8

09:00:00

10:00:00

11:00:00

12:00:00

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15:00:00

16:00:00

17:00:00

(blank)

Contacts

Customer Contacts

4 – HOW TO DELIVER IT – TRUST & CREDIBILITY

France vs Italy - how to generate demand for analytics across Europe

TWO DATA ITEMS THAT DROVE BUSINESS INTELLIGENCE ACROSS EUROPE

4 – HOW TO DELIVER IT – CREDIBILITY

TWO DATA ITEMS THAT DROVE BUSINESS INTELLIGENCE ACROSS EUROPE

4 – HOW TO DELIVER IT – CREDIBILITY -> BUILDS TRUST

4 – HOW TO DELIVER IT – CREDIBILITY

Transformation of Actuarial function- cost/time saving

4 – HOW TO DELIVER IT – EXECUTIVE SUPPORT

15 minute ROI ? How to achieve Boardroom advocacy

-10000

-5000

0

5000

10000

15000

20000

25000

30000

Distributor Profitability (Revenue - Rebate)

Net Rev

Rebate

4 – HOW TO DELIVER IT – EXECUTIVE SUPPORT

Incremental investment leading to a STRATEGIC CORPORATE ASSET

4 – HOW TO DELIVER IT – ADDRESSING DATA SILOS

Growing market share in a shrinking market

Month

Un

its

Unit Sales per Month

Competitor

Own

4 – HOW TO DELIVER IT – ADDRESSING DATA SILOS

Growing market share in a shrinking market

Month

Un

its

Unit Sales per Month

Competitor

Own

Month

Un

its

Unit Sales per Month

Competitor

MARKET

Own

4 – HOW TO DELIVER IT – ADDRESSING DATA SILOS

Adapting to organisation culture & regulatory compliance - "least access" vs open access

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical)

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical)

II. Fail Fast

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical)

II. Fail Fast

III. Build Trust with Credibility

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical)

II. Fail Fast

III. Build Trust with Credibility

IV. Focus on What Matters To The Business

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical)

II. Fail Fast

III. Build Trust with Credibility

IV. Focus on What Matters To The Business

V. Mashups Matter

5 – FIVE POINT PLAN

I. People are Critical (and, People are critical) – Produce a Stakeholder Map and build a high performing team

II. Fail Fast – do more of what works, less of what doesn’t

III. Build Trust with Credibility

IV. Focus on What Matters To The Business and deliver value not milestones

V. Mashups Matter – exploit the power unleashed from bringing datasets together

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

6 – USEFUL RESOURCES

ROADMAP TO SUCCESS1. INTRODUCTION

2. BACKGROUND (CHALLENGES)

3. WHAT IS NEEDED

4. HOW TO DELIVER IT

5. FIVE POINT PLAN

6. USEFUL RESOURCES

7. Q&A

oEMAIL: [email protected]

oTWITTER: @GPN01

oLINKEDIN: HTTP://WWW.LINKEDIN.COM/IN/GARYNUTTALL

oMEETUP: MEETUP MASHUP LONDON: HTTP://WWW.MEETUP.COM/MEETUP-MASHUP-

LONDON/

oBLOGGER: HTTP://MEETUPMASHUP.BLOGSPOT.CO.UK/

7 – QUESTIONS ?