Implementing Enterprise Analytical Management across all lines of business and functions requires a strong, coordinated strategy and a robust operating model. Among others, we have identified three key success factors: commitment from top management team, focus change on decision making process in all areas of the business and invest enough money in data, technology and talent.
Unfortunately, succesful analytical transformation is expensive and require to commit expenses and investments. Therefore, it is essential to measure Return on Analytics Investments from the beginning.