The pursuit to tap the benefits derived from analytics-driven insights is gaining momentum everywhere. Companies are striving to become insight-powered enterprises—where there is a culture of utilizing data-driven insights to make decisions at all levels within the enterprise.
Most firms that had invested profoundly in analytics, experience substandard outcomes and below-par returns on their investment. Often, they procure latest technologies without working on enhancing their organizational capacity, which is a limiting factor to their success with analytics. It warrants new ways of working based on critical insights and agile decision-making to become an insight-powered enterprise. An enterprise needs to address its core. This could entail transitioning from a traditional approach to fact-based decision-making.
Dawgen Global Consultants embraced the “5 As” (5-step) approach to manage Analytics Transformation:
1. Align
2. Act
3. Adjust
4. Adopt
5. Adapt
The 5 As approach is instrumental in transforming businesses into insight-powered enterprises and influencing analytics-driven decision-making. This approach is structured to support a phased implementation of analytics across the enterprise through several repeatable stages.
