Research Report: The Impact of Data and Analytics on Business and Finance
Steve and Prasanth answer the following questions on their research report from Suresh Chakravarthi:
2: 40 Given that we have so many definitions of Data Analytics, what is your definition of Data Analytics
4:05 Is Finance 5-10 years behind in using data and analytics as some experts suggest?
6:50 Is there a Data Life cycle, and if so what are its implications?
10:38 Your research covered common Key Performance Indicators used by businesses. What are the key KPIs relevant to Finance leaders?
15:23 To be a success in data and analytics it is mandatory to have Data quality. What advice would you give to ensure that one starts this journey with good data?
18:46 Once data and analytics leads to insights how successful are companies at using that insight to improve their business.
22:05 How are companies doing at integrating Predictive and Prescriptive analytics?
25:00 With the investments growing in Environmental and Social areas how will data analytics contribute to corporate ESG initiatives?
29:15 Experience is demonstrating that Data and Analytics initiatives have a shelf life. What approach should companies take to instill a decision making culture based on data?
32:15 Overall, what are the opportunities in Data Analytics?
36:28 Where does data analytics fit in the future of the CFO and finance?
40:25 While deriving good insights is a big challenge, adopting those insights is a bigger challenge. In this backdrop, what strategies can companies adopt to derive business results from insights?
58:40 Course Description: Finance Data Analytics for Business Results
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