A framework for evaluating the analytic maturity of an organization
Robert L. Grossman
International Journal of Information Management, 2018, vol. 38, issue 1, 45-51
Abstract:
We introduce a framework called the Analytic Processes Maturity Model (APMM) for evaluating the analytic maturity of an organization. The APMM identifies analytic-related processes in six key process areas: i) building analytic models; ii) deploying analytic models; iii) managing and operating analytic infrastructure; iv) protecting analytic assets through appropriate policies and procedures; v) operating an analytic governance structure; and vi) identifying analytic opportunities, making decisions, and allocating resources based upon an analytic strategy. Based upon the maturity of these processes, the APMM divides organizations into five maturity levels: 1) organizations that can build reports; 2) organizations that can build and deploy models; 3) organizations that have repeatable processes for building and deploying analytics; 4) organizations that have consistent enterprise-wide processes for analytics; and 5) enterprises whose analytics is strategy driven. The APMM is broadly based upon the Capability Maturity Model that is the basis for measuring the maturity of processes for developing software.
Keywords: Analytic maturity; Deploying analytic models; Analytic operations; Analytic governance; Analytic infrastructure (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ininma:v:38:y:2018:i:1:p:45-51
DOI: 10.1016/j.ijinfomgt.2017.08.005
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