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There are different reasons such as Competitive and performance pressures are driving the need for better analytics,technology, data, leadership, and skills enable analytics.<br>For more info visit: https://www.jigsawacademy.com/corporate-training-analytics/<br>
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Need For Building Analytical Skills In Business Organisation
Different Reasons For Building Analytical Skills ➢ Competitive and performance pressures are driving the need for better analytics ➢ Technology, data, leadership, and skills enable analytics ➢ Analytical acumen is highest among leaders and managers, members of R&D, the executive team, and Gen Xers ➢ Training for analytical abilities is most often focused on learning why, not how. ➢ Turning data into insight is by far the biggest challenge of Big Data ➢ Help in better decision making
Competitive and performance pressures are driving the need for better analytics Need for analytical skills in an organization were found for • Accountability for results (67.o0%) • Competitive environment (61.6%) • Complexity of business environment (52.6%) • Increase in customer data (51.3%) • Risk management (50.7%)
Most valuable benefit of Big Data is better decision making • Helps in enhancing decision making and have identified the need to increase analytical skills and capabilities to support this. • Better strategic decision making was found to be the leading reason for tapping into Big Data
Five analytical skills today and in the future involve interpreting and using data • • • • Critical and analytical thinking Problem solving Communicating and presenting findings Decision Making
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