Tuesday, March 08, 2016

Infographics: 5 Differences Between a Good Analyst and a Great Analyst

Submitted by Quandl's Raquel Sapnu [see Quandl's futures link here]




Let me transcribe what is written above:

1) A good analyst looks for answers, a great analyst reveals the truth
A great analyst goes beyond developing reports. She digs deeper—she doesn’t just find out what the number is, she figures out why it is that way. She ask the bigger questions that lead to actionable insights and drive strategy
2) A good analyst is detailed-oriented, a great analyst is a master of nuance
Good analysts can spot minute details and subtle patterns, but first rate analysts can also place those nuances within the bigger picture. They immerse themselves in the data, but they don’t get lost in it. Because they’re plugged into the wider strategy, they’re better knowing at what to focus on and what to set aside
3) A good analyst is analytical, a great analyst is also synthetical
If analysis is reverse engineering, synthesis is engineering. It’s the ability to build things, to combine data points, patterns, and themes into a coherent story. Good analyst can take a number and deconstruct it into its most minute components. A synthesizer can create a unifying pattern for those data points and patterns
4) A good analyst is dubious, a great analyst is an outright skeptic 
While a decent analyst guards against their own biases, a great analyst enjoys questioning their conclusions. They will seek out devil’s advocates, inviting colleagues to scrutinize any beliefs. Because no process is perfect, they don’t try to hide the flaws in their approach. Instead they try to expose them.
5) A good analyst presents insights, a great analyst tells stories
Great analysts know how to make their findings digestible to a wide variety of audiences. They can help any part of the organization understand why the data is meaningful. They’re not just number crunchers, they have the ability to make people believe in the results. Insights are only meaningful if they inspire action. Ultimately, great analysts drive strategy

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