Analytics Strategy
Develop and document strategic goals and objectives for the analytics function.
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for Analytics Strategy at each level of maturity.
- 2Basic
- Practice
- Identify information shortfalls in decision-making and develop basic options for a data analytics strategy.
- Outcome
- Basic data analytics strategy options are developed for consideration.
- Metric
- Number of data analytics-related strategic objectives.
- 3Intermediate
- Practice
- Establish a formal process to set strategically aligned targets for data analytics and track if they have been achieved.
- Outcome
- Strategically aligned targets are set and are generally attained by the analytics function.
- Metrics
- Number of strategic data analytics targets set.
- Number of strategic data analytics targets achieved.
- 4Advanced
- Practice
- Regularly improve alignment of the data analytics strategy with those of business and IT.
- Outcome
- The data analytics strategy is an enabler for organizational strategic objectives.
- Metrics
- Number of data analytics strategies that are included in the business and IT strategies.
- Percentage of stakeholders who are aware of the data analytics strategy.
- 5Optimized
- Practice
- Regularly review the data analytics strategy using the latest research and to ensure its alignment across the business ecosystem.
- Outcome
- The data analytics strategy is continually focused on the needs of the business.
- Metric
- Number of changes to the data analytics plan that are due to research and business alignment.