The High Cost of Misaligned Business and Analytics Goals

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How and where do companies’ investments in new and improved data and analytic capabilities contribute to tangible business benefits like profitability and growth? Should they invest in talent? Technology? Culture? According to new research, the degree of alignment between business goals and analytics capabilities is among the most important...

How and where do companies’ investments in new and improved data and analytic capabilities contribute to tangible business benefits like profitability and growth? Should they invest in talent? Technology? Culture? According to new research, the degree of alignment between business goals and analytics capabilities is among the most important factors.

If only the path to success were that straightforward! In our previous research,capitalizing on data and analytics requires creating a data culture, obtaining senior leadership commitment, acquiring data and analytics skills and competencies, as well as empowering employees. And each of these dimensions is necessary just toAccelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence .

 

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