Analytics Magazine Analytics Magazine, July/August 2014 | Page 47

Table 1: Common mistakes for analytics projects. Failing to build the need for big data within the organization Islands of analytics with “Excel culture” Data quality and reliability related issues Not enough investigation on vendor products and rather than blindly taking the path of least resistance Departmental thinking rather than looking at the big picture Considering this as a one-time implementation rather than a living eco-system Developing silo dashboards to answer a few questions rather than strategic, tactical and operational dashboards Not establishing company ontology and definitions for “single version of truth” culture Lack of vision and not having a strategy; not having a clear organizational communications plan Lack of upfront planning; overlooking the development of governance and program oversight Failure to re-organize for big data Not establishing a formal training program Ignoring the need to sell success and market the big data program Not having the adequate architecture for data integration Forgetting rapidly increasing complexities with …volume, velocity, variety, veracity, and many more A NA L Y T I C S J U LY / A U G U S T 2 014 | 47