Analytics managers are accountable of coordinating the analytics functions for their company, which includes developing effective strategies to collect information, analyze data as well as conduct research and develop analytics solutions for the products and services they offer. They also need to be able to evaluate the performance of their business, financial risks and the customer experience, and also inspire a team of experts to meet their goals quickly.
Managers must share information with their managers in order to complete projects within deadlines and possess the ability to share important performance indicators. They frequently attend meetings of the company to recommend efficient methods to achieve their goals. They they are also accountable for directing the processes and controls to ensure quality. They are required to look for new business opportunities and study the trends in customer purchases and purchase patterns in various ways to increase satisfaction.
Analytics managers are employed in offices equipped with personal computers to perform analyses of data and produce complex reports. They may also communicate their findings to a vice-president within the organization. They also have the responsibility of providing progress to operations, evaluating the performance of production, and establishing the development schedules of the future and also facilitating technological strategies, implementing new equipment, and enhancing the customer experience. They are also responsible for cost and benefit analysis as well as efficiency utilization and setting goals across all aspects of business, and after gathering enough information from concept research, release, and concept they have to estimate the cost, performance and other forecasts.
An undergraduate degree from data management, analytics or another similar field is usually required for this job, and previous experience in analytics is advantageous. Industry certifications can also be helpful.