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What's the most common buzzword you use?
Is 400k the new 100k?
Looking for some book recommendations :)
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Bc we suck
Ya was going to say that -- most clients don't understand/want more than descriptive analytics. So while even if we had the capability to do more, it's a hard sell. I think descriptive analytics are almost worse in a way bc then people try to infer causality which humans aren't really good at anyway.
@EY3 -- agreed. I have just found a lot of clients aren't ready for it. And the ones that understand it usually have the capability themselves and are probably better at it than we are (I.e Google). You would need an C suite exec that sees the value of analytics, doesn't get offended by possibly results that say they aren't doing things optimally, and don't have the capabilities to do it yet themselves.
What is PI? Have heard so much about it on FB in the past few days
Performance Improvement. A sub-service line
Performance Improvement group in EY Advisory houses a couple different practices.
Is it really that bad over in the US in PI?
Nah PI in general I think is fine. Don't know about the analytics practice specifically
Ah ok. Well not surprising if based off the offerings/solutions our 'significant investment' in analytics has been creating...
I just joined EY last year and find it extremely difficult to get staffed on an analytics project. But maybe this is just what consulting supposed to be...
Are you specifically aligned to analytics? If not, of course it will be hard
I'm in this ACP program, soft aligned with analytics. Hasn't done one analytics project so far
Because most analytics tie to ERP solutions. We also can't partner with Oracle which limits us against our competitors. We are weaker than traditional tech players here
Well analytics often have an interaction on the data source and then analytic outcome on the ERP side. But if we are treating analytics projects as part of ERP implementation projects then that is our problem...
We have a center for decision analytics in TAS. They have had a few things.
In analytics and I feel like most analytics projects aren't real analytics projects. I create dashboards and do simple data aggressions and stuff and the client is surprised and calls it analytics 😂. Wish I could be staffed on my advance stuff and use my brain
EY FIDS does some cool analytics for fraud detection
There is also some Social Media analytics we do. But I am not sure either social media or fids that they are building out the tools themselves.
Well descriptive analytics also aren't what want clients, at least smart executive clients, are generally looking for. They want to be able to make strategic business decisions, and if at the operational level they want to be able to optimize performance. Just collecting and aggregating data doesn't do that. Need to build into ideally prescriptive if not predictive processes.
What clients want*