Best Practice in Analytics | Article | FTI Consulting

Best Practice in Analytics

A Financial Services Case Study

Forensic & Litigation Consulting

February 24, 2015

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As enterprises look to access the benefits of Big Data analytics, the urge to seek major wins too quickly can mean time and resources are wasted if proper management support and appropriate data management approaches don’t accompany the efforts.

High-quality information drives decisions. Executives who lead firms need to be able to analyse data. Not being able to do so well invites failure. To assess your capability, ask yourself these three questions:

  1. Are we taking the right steps to put analytics at the centre of what we do?
  2. Are we taking the right delivery approach for our analytics?
  3. Are we leveraging different business model options to increase speed to market?

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