Why clear operational definitions are critical for data analytics success

Image: iStock/lev dolgachov Are you tired of drawn-out discussions putting the development of your next great analytic solution in jeopardy? Don’t feel alone. More about CXO I often speak and write about the perils of the path to perfection. It’s an extremely important concept for analytic leaders to understand because anyone who works with analytics inherits this risk. The degree to which they scrutinize everything is both a blessing and curse. It’s a blessing when this level of scrutiny is warranted—as in the design of a life support system—because they’re the only ones who are capable of thinking at this level. However, it’s a curse when heavy scrutiny is not warranted—as in making accurate predictions. The truth is, analytic-minded people have a hard time knowing what success looks like because…


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