Finding the Hook: Making a Big Splash Sharing excellence in delivering a compelling story to senior management Workshop Overview For DUG Conference 12th.

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Presentation transcript:

Finding the Hook: Making a Big Splash Sharing excellence in delivering a compelling story to senior management Workshop Overview For DUG Conference 12th October 2011 Andrew Hyman Head of Commercial Analytics, Insight Group, GlaxoSmithKline

Workshop attendees  Attendees at workshop hosted by GSK on 12 June 2011:

Finding the Hook: Making a Big Splash Sharing excellence in delivering a compelling story to senior management Background Context

InformationInsightAction BUSINESS CONTEXT The voyage to success Based on model shared by Graeme Moore (Tesco)

Outline Agenda from the Workshop Morning Afternoon Catch or no catch? Sharing our experiences: when we have had an impact and when we have failed How to catch the prize fish? Brainstorming what works and what doesn’t Landing the catch at home Clarifying the take home messages to make a difference in our day jobs Let’s go fishing Trialing techniques using a dynamic exercise

Finding the Hook: Making a Big Splash Sharing excellence in delivering a compelling story to senior management Outputs

Problem Statement  We sought to capture the root causes behind the following problem statement during our final pre-lunch session: How do we catch the prize fish? “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

e e Unsophisticated software Complex output Data caveats Technical challenges Lack of analytical buy-in Project management Company culture Data & analysis Software People Communication Finances & resources Analytical team skills Customer’s agenda Sub-optimal relationships Lack of support for analytics team Customer curveballs Perception of ‘analytics’ Organisational complexity Lack of senior sponsorship Lack of key skills Time pressure Ineffective project closure Ineffective project briefing Imperfect delivery Flawed storyOutsourcing Insufficient finance/resource “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses” Summary

Root cause headlines “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

Root cause headlines “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

Root cause headlines “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

Root cause headlines “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

Root cause headlines “Analytical insight gets lost in communication and recommended actions are not taken. This means that opportunities are missed to provide a better offering to customers, to simplify processes and systems, and to drive profits for our businesses”

Insight INFORMATION INSIGHT ACTION BUSINESS CONTEXT THE MODEL  We need to convert the Information we have into Action that the business can take  Insight is the mechanism to do this successfully  And through the work, it is key that we always keep the Business Context in mind THE BENEFIT  It’s a simple model which you can keep front of mind  It should compliment existing structures / training  Project Planning  Communication  Gaining Commitment  Customer Focus BUSINESS CONTEXT / PURPOSE  What are we trying to answer? Why?  What is expected from any work? INFORMATION  What data do we have available?  What quality / risks are there with the data? INSIGHT  How can you visualise / analyse the data?  How can you interpret data?  How can you relate it back to the customer?  How can you make a decision on what is relevant?  How can you best communicate? Verbal / Written?  What are the key take outs?  Experience: Learning from doing ACTION / REVIEW  What has happened as a result of your insight?  What is the decision / action in the business?  What will change in your team / the business going forward? Insight: A Simple Business Model ENCOURAGING INSIGHT