Summary of The Value of Business Analytics

Identifying the Path to Profitability

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The Value of Business Analytics book summary
The field of business analytics is critical to creating a profitable and productive organization – and you can figure it out.

Rating

7 Overall

8 Applicability

7 Innovation

7 Style

Recommendation

What is business analytics, and why should you care? Chances are – if you don’t work in the field – it’s mostly a mystery to you. In this readable introduction to the discipline, analytics consultant Evan Stubbs answers these questions and prepares analysts and their corporate colleagues to speak a common language as they pursue profitability and productivity. Filled with diagrams and definitions to explain the terms and concepts behind business analytics, this book would be equally useful in an introductory business analytics course or in a professional development program. getAbstract recommends it to business analysts who want to demonstrate the value of their work to their organizations and to nonanalysts who want to know more about what is going on with all of those spreadsheets, mathematical models and “datamarts.”

In this summary, you will learn

  • What the field of business analytics does
  • How to explain the value of analytics to others
  • How the use of good analytics leads to action-oriented recommendations
  • How the results of those actions demonstrate the value of analytics
 

Summary

Business Analytics: What and Why
Given that modern companies have access to more data than they can figure out how to use, organizations need some new way to sort today’s mountain of information so their managers can assess its relevance and potential impact. Business analytics is the ...
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About the Author

Evan Stubbs works as regional product manager for analytics at SAS Australia/New Zealand. He has consulted with major organizations on the value and use of analytics in different industries.


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