Analytics translator. What is it and why do you need one?
Many enterprises want to implement or improve the management information system. In most cases the goals are to improve quality and speed.
Advanced analytical software with a dashboard tool most of the time will do the trick.
To have all the information needed for the financial and non-financial information (KPI’s) almost all processes in the organization need to deliver data in a timely, accurate and complete way.
(Senior) management has the task to instruct the data professionals and frontline managers which information they want to see, when and in which way it needs to be presented.
This is where the challenges start. Management speaks a different language as the data professionals and vice versa. This can and probably will lead to errors or at least an inefficient process.
This is where the role of analytics translator comes into place.
Analytics translators play a critical role in bridging the technical expertise of data engineers and data scientists with the operational expertise of marketing, supply chain, manufacturing, finance and risk. Analytics translators help business leaders identify and prioritize their business challenges. Analytics translators convey these business goals to the data professionals who will create the models and solutions. Translators ensure that these solutions provide the required and requested information senior management need for executing their strategy.
An important skill for any analytics translator is extensive knowledge about the industry and the company to effectively identify the value of artificial intelligence and analytics in the business context.
So, if you want to do a management information improvement process first time right and make the process a success, make sure to include the role of analytics translator in the project team.
We have many years of experience in this role and in different industries. This experience and our extensive knowledge in this field enables us to add value right from the start.
We are more than happy to tell you more about this and how we can help you