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  <title>Building an insights engine</title>
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   <placeTerm type="text">Boston</placeTerm>
   <publisher>Harvard Business School Publications</publisher>
   <dateIssued>September 2016</dateIssued>
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  <extent>p. 64 - 74</extent>
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 <note>The most successful companies don’t just have good products and strong &#13;
distribution systems—they have a deep understanding of customers. That &#13;
naturally requires lots of marketing data, but the authors say it also &#13;
takes an “insights engine”—a set of structures, people, and processes &#13;
that can translate data into actionable strategy. How do high-performing&#13;
 organizations achieve this kind of customer centricity? Extensive &#13;
research by the lead author’s firm indicates that seven operational &#13;
characteristics are critical for a superior insights and analytics &#13;
group: It must be adept at synthesizing data, independent from other &#13;
functions, integrally involved in business planning, collaborative, &#13;
willing to experiment with new technologies and programs, future &#13;
oriented, and active in strategic decision making. In addition, the &#13;
people who are part of the insights engine share three key traits: They &#13;
have a whole-brain mindset (they think creatively as well as &#13;
analytically), they focus on business growth, and they are effective at &#13;
getting their messages across with engaging storytelling rather than dry&#13;
 recitations of data. The authors discuss each characteristic in turn, &#13;
using the consumer goods giant Unilever as a case study. Unilever’s &#13;
Consumer Markets and Insights group, the epitome of a powerful insights &#13;
engine, has helped the company generate impressive revenue and sales &#13;
growth.  INSET: ABOUT THE INSIGHTS2020 RESEARCH. [ABSTRACT FROM AUTHOR] &lt;br&gt;</note>
 <note type="statement of responsibility"></note>
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 <identifier type="isbn">00178012</identifier>
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  <physicalLocation>Perpustakaan - Sekolah Tinggi Manajemen PPM Pusat Informasi Manajemen</physicalLocation>
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