Turbotodd

Ruminations on IT, the digital media, and some golf thrown in for good measure.

Analyze Your Analytics

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In the era of big data, organizational leaders will be distinguished by their ability to make decisions — big and small, strategic and tactical — based on a comprehensive view of the world around them.

Yet this is not a one-time or one-size-fits-all exercise. Each organization’s analytical journey is quite different.

The proper use of analytics will change how organizations are structured, how daily operations are managed and where new investments are made to create value.

A recent study from Nucleus Research found that companies realize a return of $10.66 for every dollar they invest in analytics.

To help organizations better understand how smart they are with analytics, IBM has released a free online self-assessment tool, “Analyze Your Analytics.”

The assessment is based on a study by the IBM Institute for Business Value surveying more than 4,500 executives, managers and analysts in multiple industries worldwide.

It only takes minutes to complete and provides respondents with insight into how well an organization aligns, anticipates and acts on information, compared to its industry peers.

After completing the assessment, respondents will receive a numeric score and customized recommendations based on the responses, job roles and their organization’s business objectives.

These recommendations will help organizations weave analytics into the fabric of their business and culture, with focused efforts on key business areas and objectives, including growing, retaining and satisfying customers, increasing operational efficiency, transforming financial processes or managing risk, fraud and regulatory compliance.

Get started here to analyze your analytics.

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Written by turbotodd

September 19, 2012 at 10:26 pm

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