Data Analytics Quick Wins

How can the Data And Analytics (DAA) effort start producing worth while results. The answer is Quick Wins which carries out the philosphy, "Think big, start small, start now".

A Quick Win is an effort that produces favorable outcomes in a short period of time, while relying on a relatively small budget. Let's examine each point in turn.

[add diagram - show a triangle with the 3 points]

• Favorable Outcome: Correct pain points, gaps that are causing problems, such as:
  • Lengthy manual efforts to produce reports or analytics
  • Data quality issues
  • Value of the result exceeds cost - self funded efforts
• Short Period of Time: typically in 90 days or less - sometimes in hours
• Relatively Small Budget:
  • Use existing hardware and software - no purchase required
  • Use freeware software
  • Use existing staff - no hires or contracting
  • Use existing or easily acquired data - avoid building a new database to start