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Page 1: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Bring Analytics to Life with Passionate Business UptakeElizabeth Elhassani

Page 2: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Challenge: Create a culture of analytics

The Problem: How do I create interest and 100% uptake of predictive analytics, big data, business intelligence, etc. in our business or with our clients?

We hold the keys to business growth

The Challenge and Problem

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Page 3: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

5 keys to create a culture of analytics:

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1. Figure out implementation 1st

2. C-suite support

3. Suck it up and sell

4. Tie results to revenue

5. Communicate, communicate, communicate

Page 4: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Algorithm housed in

HPCC

Accounts likely to attrite flagged

Alerts sent to Sales

Sales receives alerts in

dashboard (OBIEE)

Sales records outcome

Fed back into HPCC HPCC (High Performance Computing Cluster) is a massive parallel-processing computing platform that solves Big Data problems

Open Source:www.hpccsystems.com

Figure out implementation 1st

Page 5: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Figure out implementation 1st

Page 6: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Get C-suite support for major initiatives

Get a sponsor as high up the food chain as you can

Why is this important?

Other initiatives will trump your efforts Resources will shift Focus will shift

A strong voice removes roadblocks

Page 7: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Suck it up, you have to sell

Why? The business, clients, executives, etc. don’t know what they don’t know

• Learn the business

• Speak in their language not yours

• If you completed an initiative in one business unit, demo it in another

• Show mock-ups of delivery pieces

• Never overpromise… they will lose faith

Page 8: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Tie results to revenue…

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6%

12%

Actioned Control

Attrition Rate (# of accounts)

52% drop

If the ACTIONED population had attrited at the rate of the CONTROL population…

• We would have lost $131k, rather than the $93k of actual attrition

• Result: $40k of

annualized incremental revenue

TIE TO REVENUE

Page 9: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Communicate, communicate, communicate

• Do a roadshow. Share results up the food chain and across business units.

• Send email updates so it is not forgotten• Jump into other team meetings• Request announcements be put into newsletters • Communicate frequently and consistently

Page 10: Elizabeth Elhassani – Director, Enterprise Analytics & Insights, LexisNexis at MLconf ATL

Review: 5 keys to create a culture of analytics

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1. Figure out implementation 1st

2. C-suite support

3. Suck it up and sell

4. Tie results to revenue

5. Communicate, communicate, communicate