Many articles and papers have been written about the benefits and value of analytics. Over the past several years, leaders have realized the impact effective analytics can have on their organizations. As these leaders attest, the benefits are indeed real. However, the process to achieve effective and comprehensive predictive analytics capabilities is a journey. And, as with any journey, the best way to understand where you would like to go is by first knowing where you are.
The process for developing the leading-edge analytics capability typically involves four key stages of maturity, described in detail in the ScottMadden Analytics Maturity Model. Each stage has defined characteristics and organizational behaviors that highlight where an organization is in its journey. Each stage provides a foundation for the next (i.e., it is hard to skip a stage in the evolution of analytics capabilities in your organization)
“In order to support any effective transformation, organizations first need to be able to assess where they are today. The Maturity Model provides a roadmap to help organizations assess their current maturity and supports the identification of the logical growth steps to develop truly effective business analytics,” said Trey Robinson, partner at ScottMadden. “The Maturity Model can help companies with concrete progression steps, which can help in any transformation or implementation initiative related to business analytics,” adds Adithya Mathai, manager at ScottMadden.
ScottMadden has been helping clients create greater value for their corporate and shared services organizations, including finance and accounting, human resources, information technology, and supply chain functions, for 30 years. ScottMadden is a recognized leader in corporate and shared services and has completed thousands of corporate and shared services design, build, implementation, and improvement projects. ScottMadden’
About ScottMadden, Inc.
ScottMadden is a management consulting firm delivering customized, practical solutions for clients in energy, clean tech & sustainability, corporate & shared services, and the federal government. ScottMadden’