Unlocking the Power of Data
Our approach ensures the proper application of Data Analytics tools, and the effective alignment with key business needs and drivers.
From Business Objectives to Effectivection:
Addressing key business and customer demands
Integrating workforce and SME knowledge along with
data-powered insightsCollaborative, structured efforts cutting across organizational boundaries
Grounded on the reality of the current situation and operations
Clarify Objectives
▸ Alignment to higher-level goals
▸ Stakeholders interview
▸ Input-Process-Output diagram
▸ Target goals
Identify the Team
▸ Stakeholder analysis
▸ Data sources and gatekeepers
▸ Team makeup
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Explore the Data
▸ Histograms, Individual value plots, Summary Statistics,
Box and whisker plots, Time series plots, Control Charts
▸ Scatter plots, Scatter matrices, Correlation
▸ Principal Component Analysis, Clustering
Formulate Models and Hypotheses
▸ Simple and Multiple Linear Regression
▸ Overfitting, Model Evaluation, and Variable Selection
▸ Classification vs Regression – Logistic Regression
▸ Training, validation and test data sets
▸ Trees for Classification and Regression (CART)
▸ Ensemble methods. Bootstrapping, Boosted Trees, Random Forest
▸ Neural Networks
Experiment
▸ Design of Experiments
▸ Screening, modeling, and response surface designs
▸ Custom Designs
Understand the Process
▸ Process maps
▸ Cascading IPO
▸ Variable Influence Diagram
Identify, collect, structure
and clean the Data
▸ Data elements selection from process knowledge
▸ Discrete and continuous data. Time series data
▸ Standard data table format
▸ File imports
▸ Database connections and operations
▸ Sorting, filtering, grouping, stacking and unstacking data
▸ Missing values and imputation
▸ Data cleansing
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Identify and select
the appropriate Action
▸ Summary of key findings
▸ Identification of possible options
▸ Selection: Impact-Effort, Decision Matrix, Pugh Matrix
Iterate for an agile Implementation
▸ Future State characterization
▸ Stakeholder analysis
▸ Steps to Future State
▸ Plan-Do-Study-Act (PDSA) for implementation
▸ Ongoing result evaluation and analysis