Strategic Approaches of Analytics Leaders vs. Laggards PPT

This PPT slide, part of the 23-slide Building Blocks of Data Monetization PowerPoint presentation, presents a comparative analysis of how analytics leaders and laggards approach data and analytics strategies, organizational structures, and executive engagement. It highlights 2 key assertions: analytics leaders adopt a comprehensive, long-term strategy for analytics, and they implement a hybrid organizational model led by a center of excellence.

The data indicates that a significant percentage of analytics leaders—32%—have altered their long-term corporate strategy in response to data and analytics, compared to only 18% of laggards. This suggests that leaders are more agile and proactive in integrating analytics into their overall strategic framework. Furthermore, 48% of analytics leaders report responding through ad hoc initiatives, while only 51% of laggards do the same, indicating a more structured approach among leaders.

In terms of organizational structure, 45% of analytics leaders operate with a hybrid model led by a center of excellence, which contrasts sharply with only 13% of laggards. This structural difference likely contributes to the higher effectiveness of analytics initiatives among leaders. The slide also notes the percentage of executive teams' time spent discussing data and analytics activities. More than half of the executives from analytics leaders dedicate over 50% of their time to these discussions, while a mere 3% of laggards do the same.

Overall, the slide underscores the importance of a strategic and structured approach to data and analytics. It suggests that organizations aiming for success in this domain must prioritize executive engagement and adopt effective organizational models to leverage data effectively.

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Analytics Data & Analytics Data Monetization Corporate Strategy Agile Organizational Structure Center of Excellence