Business Analytics Roadmap
Don’t know where to start in your analytics journey? Thinking about investing more money into analytics software that you’ll likely not use because no one has been properly trained on it?
Or…maybe you’ve experienced the later:
Have you invested in business intelligence solutions and not realized the benefit you were expecting? Do your executives receive KPI’s on easy to read dashboards? Are team members receiving timely information to make strategic decisions? Do you want more productive teams?
Imagine if you had a clear vision of exactly what your executives and the various business units really need from a reporting, data and analytics perspective. How productive would the IT team feel when the business sings their praises for delivering more than they expected?
I know you have tried working with the senior executive team to develop an analytic roadmap, but it’s difficult to get everyone to get on the same page. Without a plan that aligns to what the organizations leadership is trying to accomplish, you’ll be fighting a losing battle.
Raising the Bar
Lodestar’s Raising the BAR (Business Analytics Roadmap) workshops are structured to facilitate the process of defining, prioritizing, evaluating, communicating, developing, and executing your organization’s Business Analytics Roadmap. In the Raising the BAR program we get the right people in the room to communicate the strategic initiatives and determine the path. The outcome is to have all areas of the organization working in unison to improve performance while leveraging data and analytics to drive innovation and better decision making. This will directly result in increased profitability.
You can hire a large consulting firm for $100,000 to analyze your company and deliver a 120+ page document of issues you already know or hire Lodestar Solutions to coach your leadership team how to align their strategic goals with data and analytics, while building happier, more productive, self-efficient internal teams that deliver results.
Raising the BAR’s framework to is easy to follow. One of our Sr. Business Analytics Coaches will guide you through the process of finding the path that best fits your organization’s culture and goals.
Benefits of Coaching
- Clear understanding of how business analytics can benefit your organization
- Defined and focused priorities agreed to by the team; resulting in time savings and money
- Connecting data and analytics to the strategic initiatives of the organization
- Clearly defined business analytics roadmap to maximize your investment
- Coaching significantly increases probability of successful solutions meeting your short and long-term needs
BOTTOM LINE: YOU WILL SAVE TIME, MONEY AND ELIMINATE FRUSTRATION.
What is our Approach?
Business Analytics Roadmapping sessions consist of a series of short, interactive workshops. The goal of these sessions is to give you a better foundation and understanding of how business analytics can benefit your organization, evaluate how data and analytics can assist in achieving your strategic goals, create a vision of analytics, and provide an analytic roadmap for your organization.
Our approach is simple. We follow a defined process that takes you through 5 phases of the initial BAR development. The key to success is the executives’ and organization’s commitment to becoming an analytics driven organization. The phases include:
A Business Analytics Overview – Establishing a definition of business analytics.
Purpose/Outcomes – Defining the purpose and outcomes desired for analytics.
Vision Definition – Brainstorming session on all areas that could benefit from analytics.
Evaluation – Review of the feasibility and ROI of areas defined in the Vision session. Roadmap Definition – Create an agreed upon roadmap that Lodestar will formally document* for client.
What our Clients Say?
Just wanted to thank you for the workshop I attended Wednesday and Thursday. The information was very helpful and thought provoking. I say thought provoking because that is probably my main take-away from the workshop. As I eluded during the workshop, I have seen and even applied most of the concepts shared (Scrum was probably the one I had the least amount of experience with, although I am familiar with it and have/do apply some of those principles as well).
However, the big “win” is seeing all of these things again (refreshes my memory and reaffirms my belief in these techniques) and the thoughts that it provokes. I am now well-armed and enthused to apply this (or very similar – adapted to our environment) framework here at CoreSite, thus assuring more success in the implementation and buy-in of our reporting and analytics improvement efforts. I had a flood of ideas and follow-on actions that I took away from the workshop…so that we can truly apply these best practices and realize the value of these sorts of project/efforts.
Again, thank you very much for the course/content and your superlative presentation skills of the materials. I was never bored and my grey matter stimulated/motivated. Keep on doing what you’re doing.
Chris Otterson -Sr. Director – Business Operations & Continuous Improvement
The rate of success for coaching the client dramatically increases when the client commits the right resource(s) and focus to the sessions. This will mean access to executives to clarify the strategic initiatives and vision.
The client must agree they want to grow and make changes in their organization. Coaching is not advice or consulting. By entering into this relationship, the coach and the client acknowledge that the client wants to make significant progress and is dedicated to becoming an analytics driven organization. Progress and change happen at rates that are unique to each organization and individual.
Coaching sessions are conducted onsite, with possible follow-up via telephone or web meeting as arranged with the Coach. It is recommended the client has a webcam to better facilitate remote discussions.
“You get more than you pay for with Lodestar Solutions.”
If you fully participated in our program but are not satisfied with our services and the results, pay us what you feel it was worth. We are that confident in our programs.
Interested in speaking with one of our Business Analytics Advisors to learn more about a Raising the BAR workshop? Email firstname.lastname@example.org to schedule your consultation today!