Overcoming Obstacles in Analytics Implementation PPT

This PPT slide, part of the 24-slide Analytics-driven Organization PowerPoint presentation, outlines 2 significant obstacles that organizations face in their analytics efforts: Siloed and Fragmented Analytics, and Time Delay.

Under the first obstacle, Siloed and Fragmented Analytics, the description highlights that analytics produced in isolation can lead to conflicting results. This fragmentation creates inefficiencies and undermines the overall effectiveness of analytics initiatives. The survey results indicate a widespread issue: a lack of effective and standardized processes for generating analytics. Notably, 46% of organizations classified as laggards reported this lack of standardization, compared to only 26% of leaders. This disparity suggests that organizations need to prioritize the integration of analytics processes across departments to ensure consistency and reliability in their outputs.

The second obstacle, Time Delay, points to the ineffective deployment and distribution of analytics outputs within organizations. The survey results reveal a pressing need for better organization of data assets and the formation of data insight groups within key business functions. This suggests that many organizations struggle with timely access to analytics, which can hinder decision-making. Additionally, there is a recognized necessity to build analytical competence within business units, ensuring that teams are equipped to leverage analytics effectively.

Overall, the slide emphasizes the critical need for organizations to address these obstacles to enhance their analytics capabilities. By fostering collaboration between business and analytics teams and streamlining processes, organizations can better harness the power of data to drive informed decision-making.

This slide is part of the Analytics-driven Organization PowerPoint presentation.

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