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data management

Building Astute Data Management

Due to the increased reliance on data analytics to drive initiatives and achieve business objectives, the concerns regarding data protection and ensuring its reliability is well substantiated. Additionally, many organizations still struggle with how to value and manage their data.  Take a look at the actions required to get the data management results you need.

Value the Difference Between Data and Information

From revenue and expenses to inventory and consumer experience, the accumulation of numbers can be mined for information. That process leads to insights that ultimately affect work processes, vendor relationships, hiring procedures, and customer interactions.

Use Strategic Thinking to Select Data Systems Storage

Ask well-informed questions to design data management systems. This requires strategic thinking. Call on top data analytics talent to pore over data. Equip this analyst with your management team’s top organizational challenges, financial and otherwise. This will lead to:

  • Selection of data queries to create new intersections of information.
  • The relationship between various data sets can lead to uniquely configured storage systems. Some may be maintained on the cloud whereas discreet data may be locally stored.

Consider the Benefits of Data Project Management

Move to a project management approach for data to assure your organizational information has the breadth and depth required for astute planning. A data project manager will:

  • Bring diverse departments together to make overall data management decisions.
  • Identify software and data storage systems required for sophisticated information production.
  • Articulate data storage, retrieval, and information outcomes for management.
  • Be responsive to leadership’s inquiries related to data management, information analysis, and prospective business decisions.

Build Data Management Human Resources Capacity

Business size and finance team composition can determine your organization’s readiness to adapt to new data management systems. High performers may need education and backing to upskill to project management capacity. Consider the benefits of contracting with consultants or bringing on interim expertise to:

  • Consult with leaders and managers to initiate the data management design process.
  • Mentor and participate in training current staff for expanded roles and responsibilities.

 

You may also enjoy, Value Boosting Big Data Skills

 

 

 

 

 

big data

Big Data is a Boon for Business Analysts

Whether you are presently a business analyst or considering it as a career path, big data is affecting your work. Its influence is broadening required skills, overall responsibilities, and your position within organizations. Develop big data aptitude to boost your career.

With average base pay at just over $69K, and an upper range of $90K+, pursuing this role offers current and promising future potential. Manager salaries range 20% higher with annual increases being above average.

Grow with Big Data Capability

As data capacity and analytics evolve, so is the business analyst role, also referred to as a systems analyst. This role has typically meant working on team projects, using data to shape and improve the efficiency of business operations. Big data analytics capacity is stimulating the need for the broadening of business analyst skills to include:

  • Working knowledge of programming platforms and language.
  • Merging business operations acumen with technical capacity. Simply put, the business/systems analyst translates data language for business operations understanding and application.
  • Using data analysis across departments to identify points of efficiency and discrepancy.
  • Designing queries to collect data that:
    • Relates marketing methods with supply and demand ratios;
    • Associates geographical distribution with competitors’ measures; and
    • Aids in projecting trends in relation to internal capacity.
  • Sophisticated critical thinking abilities.

Prepare Yourself for Required and Preferred Qualifications

Just as business analyst roles and responsibilities are expanding the job description, so too are employee qualifications. To increase your future opportunities, such as moving into a senior business analyst role:

  • Acquire at least three to five years of progressive business analyst experience.
  • Continually grow your technology, analytical, and soft skills to demonstrate a diverse set of abilities.
  • Track emerging trends for business analysts across sectors to assure your experience and learning is keeping pace with the field.
  • Advance your education, moving toward acquiring a Master of Information Management, Business Analytics, or Applied Analytics.
  • Pursue a business analyst credential such as:
    • The IIBA Entry Certificate in Business Analysis
    • The PMI-Professional in Business Analysis Certification
    • QBBA Certified Foundation Level Business Analyst
    • IREB Certified Professional for Requirements Engineering

If you are a Business Analyst interested in new job opportunities, click here to explore Beacon Resources’ open positions.