Question

In a 250-500 word paper, describe the ways in which the organization you identified has utilized or will utilize the talent and resources to develop an analytics-driven organization. Identify the strategies used by the leaders of the organization in order to leverage data as a strategic asset for an organization. Lastly, be sure to describe what the vision and the culture of the organization looks like and provide examples.

Answer 1

Role of evidence-based data in the Organization

evidence-based data will be quite helpful in selecting the best possible method once the statistical research is completely analyzed. For example, a workplace can use a mainframe server system, and once the cost of having the human resource is determined which is needed to operate the server, we will compare the cost of integrating a simple server system which does not need any type of human resource for the monitoring, the outcome will be that it is cost-effective to have the simple server rather than having the mainframe server. The decision can only become across when a number of tests are being performed on the basis of evidence of different testing facilitating the best method to implement.

            Resources Used to Develop an Analytics-Driven Organization

Any organization has a number of human assets from top to bottom. In order to have this, it is important to develop a clear set of objectives that are derived from the responsibilities of the different manpower. Once it is determined the next step will be to communicate the expectations from each employee so that accordingly he or she can govern his or her performance.

Once this is done, then we have to make sure that in case of any failure, it is important to analyze the areas of failure that could be based on the lack of communication or unclear objectives. This can be further supported by having the data-driven methods and the manpower who can take a decision on the basis of the available data.

This is the step in which the organization has to look for the data analysis which will help in decision making and evaluating the data on the basis fo various parameters so that the best practice can be determined. Leadership has an important role to look for the different solutions so that they can find out the method that benefits the firm

The vision and mission of the organization must be clear to each one of the manpower so that a true committed team can be created . This will also help the sharing of information and effective communication.