Month: July 2016

What makes a Good Analyst?

_techniques

 

To be a great analyst you need to be able to think clearly and ensure that you understand the problem at hand well. A great analyst will ask many intelligent questions with regards to the problem and would be able to determine through speaking with a domain expert, which variables will be relevant for solving the problem. A great analyst is a very detailed person who would ask lots of questions and ensure that key information has been considered and collected.

In addition, a great analyst would select the right visual display to demonstrate the results of his/her analysis. Good communication skills are also a key trait as often the statistical results are too complex for the client to understand. So, the analyst needs to present the results in an easy to understand manner. Analysts who present the results in a story like manner with great visuals and good use of technology will be well liked for their presentation skills.

Further, accuracy is very important in the analytical world. So a great analyst will build predictive models as part of their solutions, but will always compare and evaluate the accuracy of their model with a few other models and also ensure that the accuracy is of a reasonable and acceptable level. Further, a great analyst will test their model results by validating the model against unseen data and against the actual data when it becomes available.

In a nut shell, a great analyst is passionate about solving challenging problems and works hard to ensure that the analytical solution while being highly accurate is at the same time making business sense and offers business value for the client. A great analyst will always exceed expectations and deliver more insightful information than the client expects and is paying for.

If you have any questions, please do not hesitate to ask me. You are also most welcome to share your thoughts here, on what makes a good analyst. If you would like to learn more about ‘Analytics’ or how to start ‘Analytics’ in your company, learn more at http://www.datanalyticsexperts.com or contact me.