Analytics as a Close Loop Value Delivery Cycle
In these tough economic times, many organizations are facing financial hardship and must take tough and right decisions. Every investment and decision is being scrutinized. Many time business managers face challenges in terms of selecting right choices and making right decisions just based on gut feeling. Also, it is significantly important for the business managers to know what has worked and what has not. It is important to set up effective learning mechanism before start processing testing the idea(s).
An Analytics Closed Loop Value Delivery Cycle can help the business managers in leveraging data analytics and insights for Identifying potential ideas or choices, testing the list of ideas, learning from the test on what has worked and finally deploying the most successful idea for business value addition.
Analytics Closed Loop Value Delivery Cycle