Reporting and Analytics Principles

maj 31, 2023 12:00 f m

Using stats to acquire insights in the data you could have is one of the best ways to improve your organization. However , for this you need to follow a few reporting and stats principles.

Credit reporting is about organising existing facts right into a digestible, useful format whilst analytics will go deeper to consider insights into how organization operations are functioning or perhaps what could be improved. To do so, it requires injecting business expertise into the interpretation of data.

This is where the integrity of analytic conversation becomes essential. Integrity in analytic communication is based on epistemological modesty, which means that analysts will need to refrain from overstating their conclusions and anxiety. It is easy to generate errors in data analysis, even when we are very careful. This can bring about misinterpretations, and it can possibly cause a group to apply the results of the analysis in regimes that they can be not valid for.

Keeping this at heart, there are some overarching reporting and analytics guidelines that all organization leaders should follow. Examples include: