Have you ever wondered what really happens in a $10M+ analytics transformation? Surely it’s more than building analytics. The stakes are higher and so are the risks! Well, my good friend Andrew Joo, who is is the head of Energy and Utilities practice at Infosys Consulting is a master of making these “unicorn” programs successful. Whether your project is big or small, there is something for everyone to learn!
"Making these programs ($10M+ analytics transformations) successful..you have to have the experience of being in the trenches, and experience these issues first hand." (8:32)
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3 Knowledge Bombs
- Surprisingly, prioritizing people and analytics (not technology and data) up front is the key to successful large and lengthy programs.
- There's a huge difference in approaching a $10M program versus smaller projects and it's not the cost.
- Leveraging those tools you already have, is the key to bring value to your programs.
In this episode, you'll learn:
- [03:27] - Learn the shocking career Andrew wanted as a kid, but then decided he "didn't have the skills to pay the bills."
- [05:58] - Learn why Andrew is more than qualified to talk about massive, "unicorn" analytics programs.
- [10:56] - The core differences between $10M program and $500,000 project.. hint: It's not the cost!
- [16:50] - 3 things to look for before starting these large programs
- [18:48] - How to overcome the barriers to evaluating the right KPIs
- [21:58] - Defining the 'Big Bang' implementation and why it always fails
- [25:19] - The dangers of taking the typical "magic-pill" approach
- [28:12] - Andrew's recent customer experience on having to simplify architecture, and holistically leverage investments.
- [34:04] - One particular thing that commonly goes wrong in implementing these "unicorn" programs
- [35:48] - Andrew's 2 game-changing tips for increasing "speed to value."
- Right-click here and save-as to download this episode to your computer.
“Really focus on what I call the business value realization component (on making a $10M+ analytics transformation succeed).” - [17:28]
Links and Resources mentioned in this episode:
- Connect to Andrew Joo on LinkedIn
- Andrew recommends reading - Data Visualization for Dummies - Mico Yuk
- Andrew works at Infosys Consulting
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