How to Transform into an Insight-Driven Enterprise

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Put Analytics into Action

Put analytics into action: Three Immediate actions to move forward on your journey.

High-performing companies are accelerating their investments to create a more effective analytics operating model. To achieve this, there are three immediate priorities companies can take to kick-start their journey: (1) Select an agile approach – determine where your company is in its “analytics journey” and what it needs to do to develop sustainable capabilities to reach its goals; (2) Develop industrialized execution capabilities – experiment with team structures and other approaches to ensure that talent from all required disciplines is identified, organized effectively, and retained; and (3) Sustain the change – make a candid assessment of the company's analytics IQ and undertake programs to raise the business acumen for analytics resources and the analytics acumen of business resources.

Many companies have had analytics, as a business discipline, on their corporate agendas for a number of years. Today, with the increased growth in data sources and the ubiquitous nature of analytics, a new environment is surfacing where robust analytics capabilities are needed just to keep pace. To obtain the most value from data in this evolving competitive environment, many companies are progressing beyond just using analytics, and are transforming themselves to build an insight-powered enterprise.

To help gain a greater understanding of these transformations, Accenture Analytics studied what the most analytically mature companies are doing to gain tangible value from analytics, and how their practices might be adopted by companies not as far along the maturity curve.

From the research, Accenture Analytics has identified five key characteristics that companies with mature analytics organizations generally share to pursue insight-driven transformation. Accenture has also outlined how companies could more effectively pursue this transformation and move from data to insights to outcomes for a competitive advantage.


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