Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Design and Delivery Teams – Essential for Enterprise Analytics
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > Design and Delivery Teams – Essential for Enterprise Analytics
Predictive Analytics

Design and Delivery Teams – Essential for Enterprise Analytics

GaryCokins
GaryCokins
5 Min Read
SHARE

People think by comparisons. So let me give you an analogy. I am a big fan of movies – old black and white ones, new ones with special effects, and most types in between. I especially like musicals. One of my favorite musical films is West Side Story, released in 1961. It is a retelling of Shakespeare’s tragic romance Romeo and Juliet. What does a Broadway musical and its subsequent film version have to do with successful enterprise analytics-based performance management? Plenty. Here is the background.

People think by comparisons. So let me give you an analogy. I am a big fan of movies – old black and white ones, new ones with special effects, and most types in between. I especially like musicals. One of my favorite musical films is West Side Story, released in 1961. It is a retelling of Shakespeare’s tragic romance Romeo and Juliet. What does a Broadway musical and its subsequent film version have to do with successful enterprise analytics-based performance management? Plenty. Here is the background.

Please oblige me if you are so young that you are unaware of this film or have dismissed it as a silly folly about two tough 1950s New York City street gangs – the working-class white Jets and the Puerto Rican Sharks – dancing and singing. West Side Story has parallels to what it takes to achieve the full vision of a successful implementation of the analytics-based performance management framework.

I request you read my monthly article Performance Management as a “West Side Story” to see how I apply this analogy.

More Read

Detecting the Madoff Effect: Methodology for Fraud in Hedge Funds
New Retail Technology Opens Eyes In NYC Future Of Decorating:…
Blogs are Dead!?! – Not Among Gen Y
AOL Advertising on the Need for Speed in Yield Optimization
Is Big Data the Silver Bullet for Advanced Supply Chain Analytics?

If you are time-pressed, here is the short version of it with three parallels:

A first parallel is a skilled design team. Three giant talents in their respective fields collaborated on West Side Story: Jerome Robbins in dance, Stephen Sondheim with its lyrics, and Leonard Bernstein with its music. A prerequisite with successful business analtics is good model design and construction.

A second parallel involves who will operate the analytics based performance management framework. Who will analyze its information, gain insights, make decisions, and take actions?

A third parallel is a breakthrough moment or event. A little-known fact about West Side Story’s opening night on Broadway is that it almost flopped. During the first hour of the performance, the audience was unemotional and unresponsive – stone cold. But the breakthrough moment that saved the play and sparked the audience’s interest was the rooftop scene with the Sharks and their girlfriends. The scene opens with the girls proclaiming their happiness as immigrants and singing the song “America,” starting with “I want to be in America! OK by me in America!” It was a magical moment.

A successful implementation of the performance management framework benefits from all three parallels. The developers need to be skilled. The project team needs to be talented. Finally, some sort of spark or trigger event is needed to get buy-in – both from the users of performance management information and the executive team. West Side Story had the three elements that led to its global and timeless appeal, and each one was critical to its success:

• Developers (the music, lyrics, and dance)
• Users (the actors)
• Buy-in (a trigger event)

My belief is that, as with West Side Story, successful performance management is not about software but rather its model designs for each performance management methodology (e.g., a strategy map and its companion balanced scorecard, cost assignments), its users, and the spark or breakthrough event. The spark is not serendipity. The clever performance management project team knows when, where and with whom to ignite it.

TAGGED:enterprise
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

cloud dataops for metering
Taming the IoT Firehose: How Utilities Are Scaling Cloud DataOps for Smart Metering
Cloud Computing Exclusive Internet of Things IT
ai in video game development
Machine Learning Is Changing iGaming Software Development
Exclusive Machine Learning News
media monitoring
Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
Analytics Exclusive Infographic
data=driven approach
Turning Dead Zones Into Data-Driven Opportunities In Retail Spaces
Big Data Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

‘Ease of Use’ is Number One in Business Intelligence Selection Criteria

5 Min Read
vps and big data
Big DataExclusive

Big Data Options Spark Confusion On Web Design Options For SMEs

8 Min Read

Componentizing Software

8 Min Read

The Next Generation Enterprise Platform

11 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?