March 2018
Beginner to intermediate
464 pages
9h 39m
English
Content preview from The Analytics Lifecycle Toolkit
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CHAPTER 5The Analytics Lifecycle Toolkit
Innovation and best practices can be sown throughout an organization—but only when they fall on fertile ground.
Marcus Buckingham
ANALYTICS LIFECYCLE BEST PRACTICE AREAS
Analytics involves more than just assembling a group of data scientists and analysts. Analytics leaders must be concerned with a sphere of activities to achieve their business goals. Product managers, project managers, process architects, business analysts, quality managers, and technical developers are all key contributors to achieving analytics success. Organizational capabilities must include the following elements, each of which comprise the Analytics Lifecycle. Each capability is an analytics best practice that will be further described in this and subsequent chapters:
- Problem framing—To support ideation through the clear articulation of a problem, translation of that problem into a question that can be answered by data, investigation of potential root causes, and the effective prioritization of problems to be solved.
- Data sensemaking—To identify and acquire the data that is required to answer a question, then harmonize, rescale, clean, and prepare the data for analytics; also to explore and characterize the data to assess its utility in addressing our business question.
- Analytics model development—To use a variety of techniques including data visualizations, descriptive and inferential statistics, and advanced analytics; to support data storytelling to solve ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.