Key analyst skills
- Curiosity
- Curiosity is all about wanting to learn something.
- Understanding context
- The analytical skill that involves breaking processes down into smaller steps and working with them in an orderly, logical way
- The analytical skill that has to do with how you group things into categories
- Having a technical mindset
- the ability to break things down into smaller steps or pieces and work with them in an orderly and logical way.
- Data design
- The analytical skill that involves how you organize information
- Data strategy
- The analytical skill that involves managing the processes and tools used in data analysis
Key of analytical thinking
Identifying and defining a problem and then solving it by using data in an organized, step-by-step manner
- Visualization
- The graphical representation of information
- Strategizing
- helps data analysts see what they want to achieve with the data and how they can get there.
Strategy also helps improve the quality and usefulness of the data we collect.
- problem- oriented approach
- in order to identify, describe, and solve problems.
It's all about keeping the problem top of mind throughout the entire project.
They would move forward with different strategies and processes. But the number one goal would always be solving the problem of keeping inventory on the shelves. Data analysts also ask a lot of questions.
This helps improve communication and saves time while working on a solution.
- Correlation
- A correlation is like a relationship. You can find all kinds of correlations in data. But as you start identifying correlations in data, there's one thing you always want to keep in mind: Correlation does not equal causation.
- Big-picture and detail-oriented thinking
- This means being able to see the big picture as well as the details.
If you only focus on individual pieces, you wouldn't be able to see past that. It helps you zoom out and see possibilities and opportunities. This leads to
exciting new ideas or innovations.
- detail-oriented thinking is all about figuring out all of the aspects that will help you execute a plan.
The core of analytical thinking
- What is the root cause of a problem?
- where are the gaps in our process?
- Gap analysis lets you examine and evaluate how a process works currently in order to get where you want to be in the future.
Businesses conduct gap analysis to do all kinds of things, such as improve a product or become more efficient. The general approach to gap analysis is understanding where you are now compared to where you want to be. Then you can identify the gaps that exist between the current and future state and determine how to bridge them.
how these abilities all become part of data-driven decision-making?
- Using facts to guide business strategy