The Insights Studio is an analytics cell that continuously identifies relevant business insights and monitors the follow-on actions within business functions, in a flexible collaborative way.
Typically, value created by Analytics is slowly and gradually captured. This is caused by the lack of integration among 4 pillars for value creation in a company.
Strategy Definition
High ambitions that shrink with time due to challenges on how to operate.
Functional Structure
Business functions are not familiar with advanced analytics and only demands for basic, unchallenging solutions
Solution Design
Limited diversity in specialized talent required to create solutions that can creatively overcome business and technology obstacles
In the Insights Garage, insight generation flows in a cycle that is triggered by a business need, followed by a series of hypothesis testing and then by the solution industrialization.
Based on fail fast methodology
Lower risks because any defined solution is only scaled after it has proven success
● Like Scrum, it is also a collaborative methodology