#65 - Unlocking Personal Effectiveness in Analysis: Embracing the Power of the 80/20 Principle

Words of Gratitude        

Editor's Note by Lisema Matsietsi

It appears that we are frequently exposed to various resources that are also derived from our analytical work. While not everything good serves not for our benefit (No Distractions), thus many of us require a principle to guide us. In navigating the complexities of the modern business world, the 80/20 Principle serves as a guiding beacon that illuminates the path towards increased effectiveness and success.

By embracing this principle, both analysts and executives can harness the full potential of their analytical efforts, driving continuous improvement, and ultimately achieving greater success in the dynamic realm of business informatics. Understanding and utilising the power of this principle, analysts, analyst leaders, and executives can significantly enhance their effectiveness and drive better outcomes in business informatics. I hope you find our publication interesting. Let's meet again next Monday for another insightful edition. Stay blessed.

Unlocking Personal Effectiveness in Analysis: Embracing the Power of the 80/20 Principle

This article makes us aware that harnessing the power of the 80/20 Principle offers a transformative approach to achieving personal effectiveness and driving better outcomes in business informatics. By focusing efforts on the critical few factors that yield the greatest impact, analysts and executives can optimise resource allocation, streamline data analysis, and enhance decision-making processes. Through prioritising high-impact tasks, identifying key metrics, and embracing iterative refinement, organisations can unlock new levels of efficiency, performance, and strategic alignment... Read More

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A Game-Changer for Business Informatics

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What is the impact on Strategy Analysis and Business Informatics

• Data Integrity and Trust: In the realm of strategy analysis, data integrity is paramount. Cybersecurity measures such as encryption and access controls ensure the integrity and confidentiality of data, laying the foundation for informed decision-making and strategic insights.
• Informed Risk Management: Cyber threats pose a significant risk to strategic initiatives. By integrating cybersecurity into strategic analysis processes, organisations can assess cyber risks alongside operational, financial, and regulatory risks, enabling informed risk management decisions.
• Enhanced Stakeholder Confidence: Stakeholder confidence is essential for driving strategic initiatives forward. Organisations that prioritise cybersecurity inspire trust among stakeholders, fostering stronger relationships and creating a competitive advantage in the market.

Business Intelligence Role – Data Analyst, Visualisation Specialist, and Data Engineers

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In recent years, the need for various roles within the data department has become prevalent. When I joined in 2009, there was little distinction and I soon realized that it became tougher for one person to do all the tasks in a big team. This led the BI team to create roles like Data Engineers, Data Analysts, and Visualization Specialists. There are many software tools in the market specifically designed to help Visualization Specialists present data as insights. Industry leaders include Tableau, Power BI, and Excel. The choice of a tool is dependent on how Manco wants to see the data and not on what is easier for the data team. Business leaders are the main audience for BI reports and dashboards. Manco is also key to guiding our data and analysis strategy. Having a great relationship between the data team and Manco allows the entire organization to maintain or change the course of action. Being a key person in the Group Technology Finance Department and working so closely with Financial Officers eliminated all the red tape and enabled better decision-making.

Understanding ISO/IEC 27000 and Data Governance

Do you understand ISO/IEC 27000 & 27001? Join me on this episode as I delve into the world of information security management systems (ISMS) with a focus on ISO/IEC 27000 and 27001 standards. We explore the foundational principles, frameworks, and benefits of implementing robust security measures within organizations.

In our discussions, we cover:

1. Introduction to ISMS: Discover the purpose and benefits of implementing an ISMS, and gain insights into key concepts and terminology essential for understanding information security management.
2. Navigating the ISO/IEC 27000 Family: Explore the structure of the ISO/IEC 27000 series of standards, including ISO/IEC 27001, 27002, and others, and learn how these standards interrelate to establish effective ISMS.
3. Framework for Security Management: Dive into the high-level framework presented by ISO/IEC 27000 for establishing, implementing, and improving an ISMS, covering essential elements like risk management and continual improvement.

1. Benefits of ISO/IEC 27001 Conformity: Understand the advantages of conforming to ISO/IEC 27001, including enhanced security posture, regulatory compliance, and competitive advantage in the market.
2. Integration with Management System Standards: Explore how ISMS integrates with other management system standards like ISO 9001 and ISO 14001, promoting an integrated approach to organizational processes.
3. Guidance for Implementation: Gain practical insights into effectively implementing ISO/IEC 27001 and related standards, tailored to the unique needs and objectives of your organization.

Whether you're a seasoned information security professional or just starting your journey in this field, this episode provides valuable knowledge and guidance for establishing robust information security practices within your organization. Tune in to stay informed and empowered in safeguarding your organization's information assets and managing security risks effectively.

Are you Working From Home or Remotely?

Here are some resources you could use to search for your next analyst job.

1. Analyst jobs in South Africa | LinkedIn
2. Online Part-Time Work | Find Jobs Online On myjobwork24
3. Analyst jobs in South Africa | Pnet

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