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hbinsightscover

HB+INSIGHTS

MY ANALYSIS PROCESS

1

ASK

Defining problems
Identifying challenges to solve
Understanding expectations, timelines, and goals
Budgets overview, organization and restrictions

4

ANALYZE

Select project-appropriate tools and software to analyze data
Sort, organize & filter data
Identify patterns and trends
Make predictions, forecasts, and recommendations
Visual creation

2

PREPARE

Determine how data will be collected
Identify the most effective data to use in the research process for project
Determine data protection and organization guidelines

5

INSIGHTS

Share information in a simplified format with teams and key decision-makers
Explain visualizations
Create project-relevant reports & publish insights
Use storytelling to help teams understand results

3

AUDIT

Review data
Check for bias, errors and discrepancies
Maintain data integrity
Establish ethics on how data is used and destroyed

6

IMPLEMENT

Execute strategies
Apply data to project to solve challenges
Make decisions
Implement experimental marketing techniques
Expand communications outreach, and services, improve designs and marketing activities
Collect new data

questions+answers

Data Decision Making

Q

How does data decision-making work and is it industry specific?

A

Making decisions based on data will improve your chances of success.
Data and market research are project-specific rather than industry-specific.
To address your particular problems, data analysis, research, and information are arranged and gathered, after which a plan is developed.

Here is a helpful video below:

Using Data To Inform

Q

How is data used to drive decisions, inform policies and develop strategies?

A

By using data to guide decisions and influence policy, businesses can better define their goals and objectives, develop foolproof roadmaps and strategies that will greatly boost their chances of success, and use their resources more effectively to have a bigger impact.

Here is a helpful video below:

Important Tools In The HB+ Analysis Process

Q

What are some tools and techniques that you/your firm uses to retrieve and collect information?

A

For each project, a unique set of tools and processes is employed. Tools include databases, archives, data collections, government websites, a variety of data and information from other websites, as well as software. The project and its objectives will determine how the data is used. The majority of technical data will be presented in streamlined representations, commonly referred to as visualizations. This makes it simple for executives to comprehend complicated information.

Here is a helpful video below:

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