Step 1: Challenge Definition
What are your organizational challenges? Defining and prioritizing what challenges your organization faces is the first critical step to ensure success. We’ll work jointly to develop a problem statement before orchestrating the necessary strategies to transform your challenges into opportunities.
Our first consult will help us hone in on your challenges ~ just pay for our travel and expensive coffee habit, and we’ll meet you anywhere in the world, especially if there’s an opportunity to surf or train in Brazilian Jiu Jitsu!
Step 2: Data Integrity & Augmentation
Quality data leads to quality decisions. Once we agree to proceed, we will take a close look at the health, depth, and breadth of your data to determine the scope of work needed. A Data Quality Report (DQR) is the deliverable on this stage ~ it provides industry standard statistical summary of your data, what’s working to help you achieve your goals, and what needs work to prepare your data to serve better serve your objectives. Take a moment to review a sample DQR we completed on uncovering potential fraudulent cases for the 2016 City of New York property tax records.
Augmenting your data with external sources is often possible to increase the accuracy of our work. The deliverable at this stage is a comprehensive Data Quality Report.
- Data wrangling ~ high-level evaluation of depth, breadth, and health of your data
- Data structuring ~ detailed statistical summaries of your variables including missing values
- Data cleaning ~ an estimate of Data Janitorial Services needed to improve the readiness of your data to ensure the success of your project
- Data dictionaries ~ definitions and labels of your data
- Data augmentation ~ proposed steps to fill in the gaps in your data and/or augment it with outside databases such as US Census, household, weather, traffic, etc.
Step 3: Strategic Approach
Once we have aligned your business needs with the information gleaned from your data, we can accurately bid on the estimated time and costs associated with your project.
We develop strategies to address your business challenges using a “follow the data trail” approach. Leveraging insights from your data to find cost-effective solutions, we then chart appropriate primary and contingency solution maps, that will take you to the next level.
Step 4: Agile Development
Utilizing the agile development model, we build upon a feedback-driven iterative process to implement analytics models, we test for accurate solutions to address the business challenges defined in the first few steps.
Step 5: Analytics > Understanding > Adoption
The best solutions have a clear narrative. We’ve created the premise for a great finale in steps 1-4. Now we need to bring all the characters together, leading key players in your organization to see how the data leads to the solution to your business challenges. At this stage, we’ve interpreted sophisticated analytics models, created solution maps, and molded the results into implement-ready actionable strategies. You’ll be armed with all the information you need to recommend a strategic decision to your team and make actionable decisions with confidence.
Adoption is the final piece. The goal here is to turn what has only been a story up until this point solution into reality. Strategic decisions must be embraced by company culture, and through objective analysis, backed by data, we will enable your business to reach new heights.
Step 6: Feedback > Future Iterations
We will continue as your partner to provide objective, data-driven decision strategies to ensure your leadership position within the market. As you know, remaining competitive in a rapidly changing global marketplace means you must always improve and press forward smartly.
Ready to get going? Contact us today.