3.7.A/B/C/D Data & Analytics Flashcards
True or False?
TD professionals should have an understanding of how data driven their organization is prior to planning projects and selecting or using data visualization techniques.
True
Five factors define a data-driven organization. Name 4 of the 5.
- a strong company culture
- an experimentation mindset and objectively learn from failures
- a digital technology influence
- a focus on the future
- are organizationally agile (Sinar 2018).
3.7.6.1 Presenting Data to Stakeholders
Which visualization techniques can be used to show distribution of a single variable?
columns, histogram, scatter chart, bar chart
3.7.6.2 What to Display
Which visualization techniques can be used to show relationship?
bubble charts, scatter chart
3.7.6.2 What to Display
Which visualization techniques can be used to show comparison?
bars and columns, timeline, line chart, scatter plots
3.7.6.2 What to Display
Which visualization techniques can be used to show distribution of multiple variables?
heat maps, bubble charts
3.7.6.2 What to Display
Which visualization techniques can be used to show connection?
relationship or connection maps, heat maps, Venn diagrams
3.7.6.2 What to Display
Which visualization techniques can be used to show composition of the whole?
pie chart, stacked bar chart
3.7.6.2 What to Display
Which visualization techniques can be used to show location?
maps, building diagrams, processes
3.7.6.2 What to Display
3.7.B Skill statement:
I. Developing a People Analytics Plan
TD professionals should be skilled in identifying stakeholder requirements so they can develop a people analytics plan.
3.7.3 Skill in Identifying Stakeholders’ Needs, Goals, Requirements, Questions, and Objectives to Develop a Framework and/or Plan for Data Analysis
When working with a stakeholder, what is their desired purpose?
When working with a stakeholder, the purpose is what the stakeholder wants and needs to know—their goal, need, or requirement. This forms the framework for the data analysis plan.
3.7.3.1 The Stakeholder’s Desired Purpose
When conducting a stakeholder analysis, what are some the three ways that a TDP might segment the stakeholder group?
- hierarchy, such as team leads, department heads, or directors
- function or department, such as sales, marketing, or operations
- decision-making authority, which differs from hierarchy; for example, if there is a unique situation where the stakeholder group has responsibility across departments (Anand 2017).
3. 7.3.2 Conduct Stakeholder Analysis
3.7.C Skill statement:
I. Analyzing Data and Interpreting Results
TD professionals should be skilled in analyzing results so they can identify trends and relationships among variables. They do this in two steps: analyzing data and interpreting what it means.
3.7.4 Skill in Analyzing and Interpreting Results of Data Analyses to Identify Patterns, Trends, and Relationships Among Variables
Once questions have been asked and the right data collected, TD professionals should use a deeper data analysis to identify useful information and initial conclusions. What types of data analysis makes sense as a good place to start?
- plotting it out to find correlations or creating a pivot table that allows data to be sorted and filtered using different variables.
- calculate the mean, maximum, minimum and standard deviation of the data.
3. 7.4.1 Process for Data Analysis
There are 5 most common pitfalls of poor data analysis. What are they?
jumping to conclusions—or worse, starting with the conclusion
unconscious bias
overusing the mean and avoiding the mode and median
incorrectly defining the sample size
hypothesis testing without accounting for the Hawthorne effect or placebo effect.
[See 2.8.6.2]
3.7.4.2 Pitfalls of Initial Data Analysis