Establishing your Online Analytics Maturity · Online Analytics Maturity Model vision, intuition...
Transcript of Establishing your Online Analytics Maturity · Online Analytics Maturity Model vision, intuition...
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Online Analytics Maturity Model
vision, intuition and data
Stéphane Hamel
Online Analytics Advocate!
June 2nd, 2010
“an immersion in analytics”
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Reader notice
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original version.
It has been formatted to retain the author
creative and artistic presentation.
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94105, USA.
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What is business
success?
• A positive balance sheet
• Emotional connection
• Customer satisfaction
• Ethical behaviour
• Environmental
considerations
• Employee happiness
• Innovation
How can we achieve it?
• Copycat?
• Silver bullet?
• Creativity in continuous
improvement & attention
to details
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creativity
Creativity is the ability to generate innovative ideas and
manifest them from thought into reality.
The process involves original thinking and then producing.
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Stéphane Hamel
Creativity without analytics is
art and emotional expression.
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If data blocks your creativity, either your idea sucks or you're
not being creative enough.
Jim Sterne
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Analytics without creativity is
theory, mathematics, and
pure calculation.
Stéphane Hamel
© 2010, Stéphane Hamel, All right reserved. Immeria.net
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Anyone can make the simple complicated.
Creativity is making the complicated simple.
Charles Mingus
American jazzman
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Analytics
"the science of analysis".
How a business arrives at an
optimal and realistic decision based on
existing data.
Adapted fom Wikipedia
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Analysis
Analysis is the process of breaking a complex topic into
smaller parts to gain a better understanding of it.
Adapted from Wikipedia
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Critical Success Factors
...critical activities required for ensuring the success of your
business.
...
The term was initially used in the world of data analysis, and
business analysis.
Source: Wikipedia
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Maturity Model
Essential elements of effective processes which describes an
evolutionary improvement path from ad hoc, immature
processes to disciplined, mature processes with improved
quality and effectiveness.
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Critical Process Areas
0
1
2
3
4
5
Management,Governance,
Adoption
Objectives
Scope
Team &Expertise
ContinuousImprovement
Process &Methodology
Tools,Technology &
DataIntegration
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1. MANAGEMENT,
GOVERNANCE & ADOPTION
What is the highest job title with
accountability for online performance
measurement against business
objectives?
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Roadmap
• What is this business trying to accomplish?
Business Strategy
• What are the short and long term objectives to achieve the strategy?
Goals & Objectives
• What are the important execution steps to meet the goals & objectives?
Business Drivers
• What measure of success are tied to the drivers?
Performance Indicators
• What are the detailed measures that feed and augment the KPIs?
Supporting Metrics
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2. OBJECTIVES
What is the objective of your current
online analytics program?
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Designing for Persuasion
Visitor’s perspective
Who is coming to
the site?
What do they want to
accomplish?
Were they successful
in doing so?
Online strategy
Who we want on our
site?
How can we help them?
Is it aligned with our
strategy?
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3. SCOPE
The scope defines the size
of the playing field.
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Ecosystem
« a system formed by the interaction of a
community of organisms with their
physical environment » WordNet, Princeton University
Graph generated with touchgraph.com
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4. TEAM AND EXPERTISE
How is your online analytics team
structured?
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Competency
Center
Business
Technology Analysis
Provides:
Actionable insight &
recommendations
Communicate:
Business requirement &
objectives
Supply:
Means, tools and data
Strategy
Goals
Capabilities & constraints
Architecture
Instrumentation & BI
Statistics
Analytical mindset
Problem solving
Synthesis
Communication
Optimization life-cycle
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5. CONTINUOUS IMPROVEMENT
PROCESS & ANALYSIS
METHODOLOGY
How do you develop hypothesis, define
problems & opportunities, analyze and
provide insight?
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Lean SixSigma
A set of practices aiming at systematically improving
processes by eliminating defects
• Segmentation, slicing &
dicing of data
• Changing environment
• Maximize velocity
Define
Measure
Analyze Improve
Control
“make it easy to do business with”
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6. LEVERAGING THE TOOLS,
TECHNOLOGY & DATA
INTEGRATION
How sophisticated is your use of
technologies?
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Because we have to…
Rigorous – RFI/RFP 1.Research and screening
2.RFP process – Introduction
– Business objectives
– Reporting requirements
– Metrics and KPIs
– Agregates and consolidations
– Content grouping & optimization
– Process optimization
– Campaign tracking & management
– Filters & segments
– Visitors profile
– Analysis and ad hoc reporting
– Search analytics
– Distribution
– Integration
– Administration, security, delegation
– Technical requirements & implementation
– Support, training, conference
– Supplier audit: owners, turn over, % allocated to R&D,
clients, references (good & bad!)
3.Pitch process
4.Pilot
5.Decision
~120-360 days
Radical – Kaushik 0. Assign optimal ownership
1.Implement a (free) web analytics
solution
2.Start using simple reports and process
of creating an intelligent audience in
your company
3.Teach yourself the limitations of web
analytics, tagging, numbers not
matching, need to go redo your website
4.IT “rules”! Cross your fingers, dive in
5.Do a honest and deeply critical self
review of where you are
~60 days
Source: eConsultancy & Avinash Kaushik
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Typical
• Lack of buy in from management
• Unrealistic expectations
• Inexperienced and no methodology
• Focus on the tools
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Self assessment tool
http://immeria.net/wamm
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Future of online analytics
Web
Online Business
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“an immersion in analytics”
immeria.net
@immeria
LinkedIn.com/in/shamel