|Saturday, February 22|
Sat, Feb 22, 10:45 AM - 12:15 PM
Quant Led Quant Teams (302771)Randy Bartlett, ASA
*Randy Bartlett, Blue Sigma Analytics
Keywords: Business Analytics, Business Analytics Leader, CAO, Leadership, Management, Organization, Planning, QLQT, Quant Lead Quant Teams
The second best way for a corporation to expand their business analytics capabilities is by hiring more business quants. The most adroit approach is to start by upgrading the leadership by adding a CAO and a Business Analytics Leader. Corporations are terribly ineffective at leading their business quants/data scientists/business statisticians. That is because they employ off-topic managers, who do not know enough about their team’s capabilities. Corporations need Quant Led Quant Teams (QLQTs).
We will discuss how analytics works in the corporation; how to make analytics-based decisions; how to organize resources; how to lead quants; how to plan for analytics needs; and where you need to invest your efforts. We will discuss the components of an extended analytics team and a number of illustrative case studies.
The growth in business analytics is providing leadership opportunities. Our colleagues need to grasp the larger picture well enough to explain to their managers and colleagues what their corporation needs to change to complete on analytics. The career path for a quant is somewhat different, especially in the corporate world.