Providing both underlying theory and practical solutions, Analytics the Right Way is a thorough exploration of how to create tangible business value with data. Written by Tim Wilson, seasoned industry professional with more than 20 years of proven experience, and Dr. Joe Sutherland, renowned professor and consultant who served in The White House during the Obama administration, this book shows readers how to find the answers to common data and analytics frustrations and anxieties, including lack of actionable insights, ineffective recommendations, difficulties scaling, and unclear ROI.
                    
                        
                            
                                
                                
                                    Written in accessible language with helpful illustrations to elucidate key concepts included throughout
                                
                             
                         
                        
                            
                                
                                
                                    Explains the economic, institutional, and psychological factors that inadvertently reinforce misconceptions of data and analytics and the misguided allocation of resources and efforts
                                
                             
                         
                        
                            
                                
                                
                                    Introduces the potential outcomes framework, a mental model through which to view decision making and the possible versions of the world that may emerge as a result of the decision you make
                                
                             
                         
                        
                            
                                
                                
                                    Shows the three fundamentally different ways that data can be used within an organization to drive value: measuring performance, validating hypotheses, and enabling operational processes
                                
                             
                         
                        
                            
                                
                                
                                    Shares ways that digitally enabled, profitable, AI-first enterprises are distinguished by the leader's ability to elegantly weave the three uses of data together
                                
                             
                         
                        
                            
                                
                                
                                    Analytics the Right Way is an essential resource for business leaders, entrepreneurs, data and analytics professionals, executives, and all professionals seeking to cut through the noise and start putting data to use in a way that is productive, profitable, and even fun.
                                
                             
                         
                     
                 
        
        
        
        
            
                Who This Book Is For
                
                    You visited this website,  which  means  you’re  thinking  that  something  about  the  way  you  and  your  organization  use  data  and  analytics  is  not  “right.” Time and again, the executives, managers, and new hires who make  up  our  clients,  colleagues,  and  friends  have  expressed  to  us  their  anxieties  related to how they and their teams are using data and analytics:
                
                
                
                    If  any of  these quotes feel familiar, then this book is for you. We’ve heard  these  frustrations  in  every  data-related  function  in  nearly  every  industry,  ranging  from  pharmaceuticals  to  health  care,  retail,  financial  services,  and  consumer  packaged  goods.  And  we’ve  worked  with  clients  in  all  of  these  industries  to  shift  their  approaches.  Putting  your  data  to  use  can  be  productive, profitable, and even fun! That’s why we wrote this book: to guide business leaders who want to use their data effectively.