Arthur Nielsen, market research pioneer and founder of the Nielsen Corporation, once said, “The price of light is less than the cost of darkness.” As data proliferates across the enterprise, this observation by Nielsen is rendered even more relevant, because data represents the unlit fuel that has the potential to light the darkness, but which often lacks the spark of analytics that enables us to see.
Your Team Doesn’t Need a Data Scientist for Simple Analytics
The skills you need are probably already in the company.
October 30, 2018
Summary.
Data analytics is a powerful and promising source of competitive advantage. But organizations are often hobbled by the lack of the requisite skills in the marketplace. To cope with the shortfall in market supply, companies need to better leverage their existing talent. One strategy is to take the team approach to cross-pollinate and commingle the required skillsets, bringing together a diversity of skills and backgrounds from within your organization. Seek individuals who are innovative, frugal, and creative, who produce maximum results with minimal resources. This combination of creativity and curiosity is difficult to teach, but essential to effective analytics.
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New!
HBR Learning
Developing Employees Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Developing Employees. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Support and challenge your direct reports to help them reach their potential.