Data Analytics
The Data Analytics (DA) capability is the ability to specify analytical objectives, to identify data sets likely to enable those objectives, to apply analytical methods and techniques appropriate to those objectives, and to interpret, communicate, and exploit the analytical results to deliver value for the organization.
Structure
DA is made up of the following Categories and CBBs. Maturity and Planning are described at both the CC and the CBB level.
- APeople
- A1Role-Specific Training
Identify skills and competences for the roles in data analytics and ensure that staff either have or can acquire these quickly.
- A2Stakeholder Awareness
Train stakeholders to be able to communicate their needs, to appreciate and understand insights identified, and to avoid bias while interpreting data analytical reports and findings.
- BTechnology
- B1Architecture
Work with enterprise architects and enterprise information modellers to enable the efficient provision of data for analytical purposes — by using the appropriate business and technical architectures.
- B2Analytics Technology Fit
Select technologies that work in an integrated or interoperable manner and that support the required usage models — e.g. individual data exploration, embedded or automated analysis, and so forth.
- CProcess
- C1Process Design and Documentation
Design, develop/acquire, and document data analytics processes that are consistent with the safe management of data and that are in compliance with governance control for data analytics.
- C2Process Enablement
Provide training on data analytics processes to enable staff to execute those processes.
- DFoundation
- D1Analytics Strategy
Develop and document strategic goals and objectives for the analytics function.
- D2Organization Structure and Governance
Define analytics roles, responsibilities, accountabilities, controls, and the composition and authority of the board(s) that govern data analytics.
- D3Data-Driven Culture
Analyse, review and improve, and promote the use of data and data analytics to inform decision-making.
- D4Cost Planning
Manage all costs associated with data analytics throughout its life cycles.
- EExecution
- E1Data Gathering
Identify data from internal and external sources that is likely to deliver on the analytical goals and objectives and make it available for analytic processing.
- E2Data Preparation
Provide access to normalized, rationalized, and simplified data (e.g. with all frequencies expressed in kHz as real numbers) for analytical use.
- E3Data Cleansing
Detect and correct/remove corrupt or inaccurate data.
- E4Data Processing
Use available analytical algorithms and statistical methods to process data.
- E5Interpretation
Use filters and review checkpoints to manage the reduction and elimination of bias (e.g. linear bias, confirmative bias, confidence bias).
- E6Results Presentation and Reporting
Develop reports that deliver the message to the intended audience and that are tailored to the communications channel in use.
- E7Embedding Application-Specific Analytics
Make use of canned or bundled data analytics by developing trust with equipment suppliers who have embedded domain-specific analytics in their equipment.
- E8Capacity and Variety Management
Develop the data analytics capability so that it can scale up or down (by volume of work, or the complexity and variety of the types of data addressed in assigned tasks) in order to match the needs of the business.
Overview
Goal & Objectives
An effective Data Analytics (DA) capability seeks to enable the organization to:
- Empower the organization to develop, articulate, communicate, promote, and execute its data analytics' strategy.
- Work with enterprise architecture to develop architectural guidance and implementation roadmaps for the data analytics capability.
- Conduct analysis of individual or combined data sets including relevant external data to identify revenue, operational, and strategic opportunities.
- Elicit exploitable insights from the data sets readily available to the organization.
- Identify and leverage cost effective external data sources (e.g. census data, public open data sources).
- Enable a data-driven culture and informed decision-making.
- Protect business operations from data analytics activities.
- Facilitate and enable data analytics for problem solving and diagnostics purposes (i.e. going beyond correlation to an understanding of causation).
- Support experimentation and learning to identify the best options for improvement consideration.
- Support portfolio analysis to determine the best product and service mixes, programme and project levels, investment portfolios, and so forth.
Scope
Definition
The Data Analytics (DA) capability is the ability to specify analytical objectives, to identify data sets likely to enable those objectives, to apply analytical methods and techniques appropriate to those objectives, and to interpret, communicate, and exploit the analytical results to deliver value for the organization.
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for DA at each level of maturity.
- 2Basic
- Practice
- Based on the chosen processes, select and train staff for roles on selected tools, techniques, and processes.
- Outcome
- Trained staff are enabled to deliver an analytics service via supplied processes and tools.
- Metric
- # of trained staff with access to analytical tools and data.
- Practice
- Decide on the governance and organization structures and appoint staff to oversee data analytics.
- Outcome
- The data analytics board oversees general data management and looks at the ethical uses of data.
- Metrics
- % of projects with ethical complaints upheld.
- # of business systems impairments caused by analytics.
- Practice
- Promote a data-driven culture.
- Outcome
- There is improved acceptance of data-based decision-making.
- Metric
- # of decision processes mandating analytics.
- Practice
- Limit project complexity initially to ensure success.
- Outcome
- Data analytics support builds on some manifest wins.
- Metric
- # of successful analytics projects.
- 3Intermediate
- Practice
- Use standard data analytical tools and processes, and ensure that staff are competent in their use.
- Outcome
- The organization's data analytics function is insightful and supports business decisions and diagnosis.
- Metric
- # of decisions taken based on routine use of data.
- Practice
- Involve key stakeholders in governance and data analytics planning.
- Outcome
- Shared ownership of data analytics plans promotes usage.
- Metric
- Satisfaction ratings from key stakeholders.
- Practice
- Fund the strategic development of analytics and enable it with agile organization structures and governance.
- Outcome
- Data control and exploitation is balanced with funding, organization structures, and governance.
- Metric
- End-to-end elapsed time and approval cycle times for analytics projects and stages within those projects.
- Practice
- Leverage embedded analytics and make available bias-free high-quality data for analytical processing and use.
- Outcome
- Data quality programmes provide useful results from vendor-supplied and in-house analytics.
- Metric
- # of data errors and bias issues affecting analytical analysis and results reporting.
- 4Advanced
- Practice
- Use advanced data analytics tools and processes and enable their use with training and education to master's level and careers to higher professional grades.
- Outcome
- Highly competent staff enhance the organization's reputation and deliver advanced analytics objectives.
- Metric
- # of advanced analytical objectives delivered.
- Practice
- Involve all stakeholder groups in governance and data analytics planning.
- Outcome
- All data analytics requirements are identified and shared ownership of the data analytics plan leads to higher success rates.
- Metric
- % of data analytics projects that are successful.
- Practice
- Use advanced analytical preparation, processing techniques, and automation; and use alternative stakeholder perspectives to glean insights.
- Outcome
- High quality data can be safely analysed to yield exciting insights.
- Metric
- # of business performance degradations caused by analytics activities.
- Practice
- Hold multilateral stakeholder group meetings on data.
- Outcome
- Stakeholders bounce ideas off one another to support innovation from multiple perspectives.
- Metric
- # of innovative ideas arising from data analytics and data reviews.
- 5Optimized
- Practice
- Let objectives, experimentation, and research guide the development of processes, tools, and people.
- Outcome
- Processes, tools, and people are leading-edge and capable of serving the data analytical needs.
- Metric
- # of data analytics objectives delayed pending process changes, tools, or staff training.
- Practice
- Fund the data analytics strategy to be successful in supportive organization structures and cultures.
- Outcome
- Supportive organization structures and governance enable a funded data analytics capability to succeed.
- Metric
- % of data analytics objectives successfully delivered.
- Practice
- Execute data analytics using sustained leading-edge approaches to deliver exploitable insights.
- Outcome
- Planned continuous improvement in data analytics ensures that beneficial insights are available.
- Metric
- Count and value of beneficial insights acted upon by the organization (i.e. realized benefits).
Reference
History
This capability was introduced in Revision 18.10 as a new critical capability.