A recent study conducted by MIT Sloan Management Review revealed that the number of enterprises using analytics to create a competitive advantage jumped almost 60% in just one year.

  • Nearly 6 out of 10 organizations are now differentiating through analytics.
  • The overall increase in advantage went almost exclusively to organizations that were already experienced users of decision-making analytics. Early adopters are extending their lead, and the laggards need to worry.
While many organizations have increased their investments in analytics, few have realized the complete utility of analytics. To ensure organizations reap optimal benefits, leaders must create a data-driven talent culture in which analytics becomes an essential part of talent and decision-making.

To create this data-driven culture, leaders need to rethink how they provide support. For example, they must become decision enablers rather than position their functions as insight providers. They should anticipate decision-maker needs, co-create analytics solutions together and embed insights directly into the organization. Analytics leaders can significantly improve decisions and business outcomes by becoming decision enablers. Read the full article click here.
Cathy Thornton is a VP, HCM and Change Management at Microexcel Inc. She is a well-rounded business transformation professional with proven track record of developing learning organizations, implementing strategic change and partnering with senior business executives to drive organizational impact. Cathy is a builder of high-performance work teams able to develop and implement organizational strategy in a matrix environment. She specializes in Organizational Change, Operating Models, Executive Alignment and Visioning, Culture Assessments, Organizational Effectiveness, Strategic Communications amongst others.
About Microexcel
 
Microexcel is a Global System integrator with a focus on products industries delivering end-to-end SAP transformation and migration services increasing value and compliance through change management, automation, analytics, and an optimized global delivery and partner model. Microexcel is ISO 27001:2013 and ISO 9001:2015 certified and is also a New York and New Jersey state Certified Minority-Owned Business Enterprise.
Microexcel SAP Practice | Website