#85 - How Analysts Can Lead High-Performing Teams Using the FSNPA Model and Beyond
Lisema Matsietsi CDFA, PD(SA), M.Inst.D, MCom
Professional Board Member || Author || IT Business Strategy || Founder & Managing Director: Being An Analyst || Chartered Development Finance Analyst ||
Words of Gratitude
Editor's Note by Lisema Matsietsi
The Forming-Storming-Norming-Performing-Adjourning (FSNPA) model provides a structured approach for teams to navigate the complexities of collaboration. How? By understanding each stage's nuances and leveraging effective leadership, teams can foster cohesion, productivity, and innovation. While the model has limitations, its practicality and simplicity make it a valuable tool for novice and experienced analysts striving for high-performing teams. Leaders and novice analysts can foster high-performing teams and develop leadership skills by understanding and applying these models. I know you will also be able to find this edition insightful. Let us meet again this coming Thursday for another insightful newsletter. Stay blessed
How Analysts Can Lead High-Performing Teams Using the FSNPA Model and Beyond
Many of us have adopted agile methodologies, not only for project teams but also for running teams and initiatives. While not all aspects may align with various agile methods, one thing is certain: analysts often find themselves working with numerous teams in a year. This way of working may bring out the best in an analyst in one initiative, while they may struggle to integrate with others in a different initiative. As a result, analysts may not consistently perform well in different teams due to the agile team arrangement, leading to underperformance. Is there a framework that can help us nurture teams for better performance? This article delves into the Forming-Storming-Norming-Performing-Adjourning (FSNPA) model and its applicability in analyst teams... Read More
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In this section of our Newsletter, we aim to highlight the work that all our Being An Analyst members are doing to better the community at large. If you would like to be featured here, kindly send us an email: [email protected]
Are you Seeking Guidance in Your Career?
The breakfast launch session invites everyone to attend sessions on entrepreneurship with Ms Mollen Mukuze CA(SA) ,RA, leadership with Mr Patrick Kulati, workplace wellness with Prof. Musa Muzvuwe, and the academic stream with Prof. Lindi Mabope. For more information, feel free to contact Dr. Costa Sibanda PhD. PhD Cand MM IPM, SACDA,SABPP SASLAW and Ms. P. Refilwe Monoko.
Navigating the Seas of Big Data: Characteristics, Challenges, and Opportunities for Analysts
We have witnessed how data is the currency that fuels innovation and decision-making. This is not only a lullaby but a reality that fuels large organisations. Big data, characterised by its sheer volume, velocity, and variety, presents challenges and opportunities for us as analysts. Whether you’re a novice exploring the intricacies of data analytics or a seasoned professional, understanding the unique characteristics, challenges, and opportunities associated with big data is crucial for navigating this dynamic landscape. This article will enlighten you about the characteristics of data, challenges, and opportunities for us as analysts... Read More
A Guide for Analysts to Implementing and Mastering the OODA Loop
As an analyst, it’s important to gain new insights for data analysis and make informed decisions quickly. There are several tools and frameworks available to help with decision-making, but one powerful framework is the OODA loop. Developed by military strategist John Boyd, the OODA loop (Observe, Orient, Decide, Act) is a dynamic process that guides decision-making in complex and uncertain situations. In this guide, we’ll explore how analysts, both novice and experienced, can use the OODA loop to improve their analytical skills and achieve better outcomes... Read More
Are you Working From Home or Remotely?
Here are some resources you could use to search for your next analyst job.
Don't stress if you have found the analyst positions advertised above to be above your expertise. Here are a few more to consider:
Business and Reporting Analyst
As a Business and Reporting Analyst, you will be accountable for one or more of the many functional data domains within JUMO. Working closely with the various stakeholders, BI developers and data engineers. You will be responsible for owning and expanding any data models, analytical models and reporting requirements in your various domains. You will report to the Data Modelling & Reporting Team Lead.
Data Transformation & Analytics
By joining our rapidly growing Data Transformation & Analytics practice you will serve our Banking and Capital Markets clients. You’ll bring your first-hand experience, unique perspectives, and functional knowledge to deliver tailored integrated solutions that help our clients solve today's challenges and set the foundation for future success.
In this episode of "How to Start Being an Analyst," we delve deep into the often-overlooked cornerstone of data storytelling: data quality. Analysts understand the significance of a compelling narrative backed by solid data. However, without ensuring our data's integrity, accuracy, and completeness, our stories risk faltering before they even begin.
Join me, seasoned analyst and founder of Being An Analyst, as we embark on a journey to unravel the profound link between data quality and effective data storytelling. Through real-world examples and expert insights, we'll explore how investing in data quality not only enhances the credibility of our analyses but also enriches the narratives we craft.
Discover the pivotal role data quality plays in fostering trust among stakeholders, empowering decision-makers, and ultimately driving meaningful business outcomes. From identifying common pitfalls to implementing best practices, this episode equips aspiring analysts and seasoned professionals alike with the tools and knowledge needed to elevate their storytelling prowess.
Tune in as we unlock the transformative potential of high-quality data and learn how to harness its power to captivate, persuade, and inspire action.
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Key Takeaways:
Join me on this enlightening journey as we bridge the gap between data quality and compelling data storytelling, empowering analysts to unleash their full potential in the dynamic landscape of the knowledge economy.
Are You Ready for a 4-day Work Week?
The Covid-19 pandemic brought new stressors to almost every aspect of life, from longer work hours to increased demands at home. Although many organisations are starting to establish a sense of normalcy in the workplace, burnout remains a major concern. The increased demands on workers due to restructuring and the blurring of work-life boundaries are among the root causes of many employees feeling stretched thin. Enter the 4-day week. After a successful experiment in the UK and other developed countries, which showed that workers' burnout and stress levels decreased while participating companies' revenues climbed up 8%, the notion of 4-day workweeks is no longer as strange an idea as it once was.
In this episode of the CHRO SA Podcast, you'll learn about the benefits of the 4-day week and whether it could be the solution to burnout. The episode features burnout activist Judy Klipin, who has written books and coached many executives on burnout recovery and prevention, as well as Karen Lowe, the director of 4 Day Week South Africa, who is leading the country's first four-day week pilot set to begin in March 2023.
Are You Analysing Finance and Need a Refresher Aboubt Annual Financial Statements?
Today, we're delving into the cornerstone of financial management: understanding your company's financial statements. As a CFO, I've learned firsthand the critical importance of the income statement, balance sheet, and statement of cash flows in assessing a company's financial health and operational efficiency. These financial statements not only provide a snapshot of your company's performance but also offer invaluable insights into the effectiveness of your strategic initiatives.
From revenue and expenses on the income statement to assets, liabilities, and equity on the balance sheet, each component plays a crucial role in painting a comprehensive picture of your company's financial standing. Furthermore, the statement of cash flows illuminates how cash is flowing in and out of your business, providing essential information on liquidity and solvency. By mastering these financial statements and understanding how they interconnect, you'll be equipped to make informed decisions that drive your business's success. Join me as we demystify financial statements and unlock the keys to financial acumen. Tune in and empower yourself to navigate the financial landscape with confidence and clarity.
Would you happen to know what Corporate Strategy is?
Imagine you have a big box of building blocks and you want to create the best, tallest tower possible. It would help if you had a plan to decide how to use each block and where to place it. In a company, corporate strategy is like that plan. It's a big-picture idea about how the company will grow, make money, and beat its competitors. Just like you might decide which blocks to use first and how to make the tower stable, a company decides which projects to start, which markets to enter, and how to use its resources wisely. Corporate strategy helps everyone in the company understand the best way to work together to build something amazing and successful.
How to Get the Most of Artificial Intelligence at Work
In the first part of this episode of the CHRO South Africa podcast, you will hear from three esteemed experts who will explore the leadership mindset necessary for the optimal adoption of AI in the workplace. The panel includes Claudia de Villiers, Oracle's Domain Lead for HCM in Eastern Central Europe, Middle East and Africa, Jasmin Pillay, Microsoft's Director of HR Consulting in the Middle East & Africa, and Dieter Veldsman, HR thought leader and domain expert at the Academy to Innovate HR. They will provide insights on how best to leverage AI in the workplace.
How to Understand Market Industrues with Data
In this episode we are joined by Chief Data and Analytics Officer at FirstRand, Christoph Nieuwoudt. The Group has an extraordinary amount of in-depth insights and data available that clients wouldn’t have access to anywhere else. Whether you’re serving a customer from a transactional point of view or doing investment banking deals for customers from a credit point of view, Christoph feels that they should now be able to ask customers a lot less questions, and instead give them valuable insights into their business. From retailers to any consumer-facing organisation, he believes that even big tech brands don’t have the kind of in-depth understanding of customer profiles that the Group has readily available.
How Can I Help Grow This Community?
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Cofounder @ Profit Leap and the 1st AI advisor for Entrepreneurs | CFO, CPA, Software Engineer
5 个月Hey there Lisema Matsietsi CDFA, PD(SA), M.Inst.D, MCom