Survey on applying Business Analytics at your Workplace

The following questions are intended to help us assess your 'current location' vis-a-vis the usage of Business Analytics at your workplace. Please answer every question. Your answers will be treated with strict confidentiality.

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* 1. We need your contact information to proceed

Name

Company Name

Department/ Function

Designation

Email Address

Phone Number

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* 2. What are your top-of-the-mind concerns about applying business analytics at your workplace (You could tick up to three boxes)

We understand the importance of business analytics, but we are unsure of how to initiate a project

We have started two or three analytics projects but we're unable to see business results

We face internal resistance to initiating analytics projects making it difficult to demonstrate benefits

We encounter roadblock in the form of data challenges every time we identify business problems

We have seen some initial project success, however we're not able to replicate it across the organization

We have invested a lot of effort in identifying problems and solutions, but we're unable to derive business benefits

We have had no formal training on how to identify and define the high value business analytics problems

Other (please specify)

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* 3. Nurturing a culture of data based decision making: Which of the following statement is true for your organization (Choose one)

We do not have any policy on how to take decisions using data.

Data based decision making is practiced in departments like accounting , sales, production, material etc.

We encourage each department to gather quantitative and qualitative data to help in decision making.

We list down data elements required by each department to function effectively . We work out how to gather that data and analyze it at department level

We list down external and internal data that is required by us to perform effectively at the organization level. We specify how it has to be handled.

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* 4. Supporting employees to apply Business Analytics: Which of the following statement is true for your organization (Choose one)

We do not need any formal policy to help employees identify opportunities to apply Business Analytics at workplace.

We believe that our employees are best placed to identify challenges and opportunities since they know their job very well. Our job is to support them.

We actively facilitate and train our employees to apply Business Analytics at their workplace. We encourage pilot projects being done.

We empower our departments to identify applications of Business Analytics. Our role is to encourage employees to take initiatives to improve their working.

We believe that applications of Business Analytics are strategic in nature. We train, support & encourage all identified employees to apply Business Analytics .

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* 5. Applications of Business Analytics : Which of the following statement is true for your organization (Choose one)

Departments like MIS / business intelligence/ accounting generate reports using tools of Business Analytics.

We have identified departments that can benefit from Business Analytics and have provided them with resources

We identify departments that can benefit from applying Business Analytics. We also encourage employees to come up with ideas for applications

We have a centralized mechanism for identifying applications of Business Analytics. This is done department wise.

We have aligned usage of Business Analytics with our corporate objectives and our strategy. This cuts across department boundaries.

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* 6. Solving business challenges using Business Analytics: Which of the following statement is true for your organization (Choose one)

We do not see how Business Analytics can help us deal with our business challenges.

We believe that some departments (e.g. sales, operations, materials) can solve business challenges by using data. Not sure about others

There is scope for using Business Analytics in many departments to solve business challenges. We encourage local initiatives.

There is scope for solving business challenges using Business Analytics in ALL departments. We encourage departments to identify challenges and solve them.

We believe that strategic use of Business Analytics can transform the way we are functioning. We have taken steps to change our way of working.

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* 7. Deriving business value from Business Analytics projects: Which of the following statement is true for your organization (Choose one)

We are not running any projects on applying Business Analytics.

Projects are started and completed primarily by the IT department with little or no direct involvement from department managers

Department managers initiate projects with no formal "buy in" from top executives, often resulting in poor visibility beyond the department.

Projects are initiated by business managers with complete visibility and support from top executives. Success criteria and business benefits are tracked.

Leadership team is proactively involved in sanctioning projects, assessing business impact and providing recognition as per a predefined process.

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* 8. Training employees on Business Analytics: Which of the following statement is true for your organization (Choose one)

Our employees take responsibility for their own training/ learning. We leave it to them to take actions.

We do not have a policy for providing training. However, we respond to employee requests for training.

We have trained identified employees in Business Analytics. Others are not required to be covered.

There is a growing demand for training in Business Analytics. We provide training to identified employees. The rest learn by themselves.

We have a structured way of predicting our training needs. We use different methods and different media to train our employees.

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* 9. Usage of tools and techniques of Business Analytics: Which of the following statement is true for your organization (Choose one)

We do not prescribe any particular tool for data analysis and presentation.

We use spreadsheets to analyze data and use tools like Tableau to present results

We use statistical techniques and modeling tools to understand why something happened. However, this is limited to a few departments/ functions

We use predictive modeling tools and Python across select departments/ functions

We use descriptive, predictive and prescriptive analytics tools to solve business problems across the organization

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* 10. Development and deployment of staff: Which of the following statement is true for your organization (Choose one)

We have redeployed existing members of staff to take up responsibilities pertaining to Business Analytics. They have been learning the subject on their own.

We have redeployed existing staff in some departments for handling responsibilities relating to Business Analytics and have trained them as per local requirements.

We have fulfilled manpower requirement by retraining and redeploying existing staff. We have identified skill gaps and have hired from outside for filling them.

We have aggregated manpower requirements for deploying Business Analytics in different departments. We have a common curriculum, assessment and certification process.

We believe that Business Analytics capability is strategically important for us. We have created career path(s) and recruitment/ deployment policy across the organization.

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* 11. Software tools for Business Analytics: Which of the following statement is true for your organization (Choose one)

We do not go by any policy for providing software tools to our employees.

We provide standard software tools to all employees and specialized tools for identified departments.

We provide standard software tools to all employees and specialized tools for identified departments. We also handle additional requests.

We have a formal process of identifying and providing software tools that are required by each department for handling data.

We do our planning and procurement of software tools for handling data at organization level to support our business processes.

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* 12. Policy for managing data : Which of the following statement is true for your organization (Choose one)

We do not have a policy to manage data.

We have a policy in place for handling accounts, operations, sales, material data. It is dictated by individual departments.

We have a policy in place on how data is to be captured, stored and accessed for usage within a department and across departments.

We have a policy for collecting & storing data and making it available across the organization based on processes. We monitor the health of data being collected/ used.

We believe that data is a strategic organizational asset (i.e., it does not belong to any department). We have clear-cut rules for making data available to all that need it.