A means of accelerating clarity, alignment and confidence regarding complex business opportunities and challenges. Specifically those related to the successful execution of costly and ambitious strategies and initiatives.
 
The complexity comes from competing priorities, multiple stakeholders, cross-functional collaboration, scarce resources and the effectiveness requirements of teams or networks of teams.

Leaders at the SVP level and higher in large organizations with responsibility for delivering on ambitious strategies and initiatives. They are responsible for multi-million dollar budgets within Pharma, Financial Services or Tech sectors.

Our analytics is designed to engage cross-functionally and used by leaders from scientific, engineering and other specialisms to boost clarity, alignment and confidence in the business domain.

For multi-million dollar strategic priorities, initiatives and projects, as well as the costly executive teams or networks of teams running them.

It is used where there is a need to boost clarity, alignment or confidence in respect of the above. Worded differently (in the negative), it is used where there is doubt, lack of alignment or risk around a critical strategy or initiative and or the team(s) running them.

Pitstop Analytics™ is an extensive analytics platform focusing on the issues (both hard and soft) concerning leaders in large organizations with responsibility for delivering on ambitious strategies and initiatives. Some of the issues covered include:

You tell us the issues that matter most to you, and we will customize the reporting to illuminate those areas. However, the power of analytics derives from its breath of scope and its ability to paint the complete picture. 

While you may be interested in a particular issue, interrelated and interdependent variables will also be illuminated. This is key to dealing effectively with complex opportunities and challenges, where there are many factors involved and cause-effect relationships are complex.

Complex and ambitious strategies and initiatives with multi-million dollar budgets that challenge or stretch the organization and the teams running them.  Some of the challenges include the following:

• Competing for organizational attention and resources
• Changing business needs and priorities
• Engaging internal stakeholders
• Managing expectations
• Navigating internal processes and bureaucracy
• Balancing the need for project planning rigour with agile execution
• Breaking down silos and ensuring effective cross-functional collaboration
• Tapering organizational ambition with reality
• Building effective teams or networks of teams (often outside the traditional organizational structure)
• Juggling multiple projects and priorities and ensuring that people are able to spend enough time on the initiative
• Ways of working that address the requirements of business unusual (speed, agility, collaboration and innovation)

The analysis can be completed within days. Typically, people are invited (e.g. internal stakeholders, team members, etc.) and given a week to complete.  We will set the time line based on your needs. 

It saves between 1 and 3 hours per person compared to traditional approaches (i.e. conversations or workshops). That could take 10 days for 15 stakeholders and 12 team members. 

You get a detailed analytical report with numbers and data – so no time is spent on report writing. The issues are immediately precise, meaning minimal time is required to interpret the analysis.

Moreover, it is time-efficient repeatable process, so you can accurately track change and progress over time. 

The output is the illumination (with your organization’s data) of models and visual frameworks that accelerate clarity, alignment and confidence.  These powerful visualization techniques bring the data to life and tell a story. Your attention is immediately drawn to where it is most needed – to the key opportunities and challenges.

It is easy to get lost in data, but don’t worry.  We will take you step-by-step through the analysis with your specific needs in mind.  This process isn’t a PowerPoint slide show but rather a process of data-led coaching that will give you time to think and re-think. The process balances analysis with reflection to ensure clarity on the implications. It can potentially change how you see things, resulting in new possibilities and solutions.

With so much attention given to technology and data gathering, business needs often come secondary.  But not with Pitstop Analytics™.  It accelerates the process from Data to Insight and Insight to Impact, reducing the time to insight to a matter of weeks. Here is how it works:

You explain your business needs in a 60-90 guided conversation with our business domain experts.

Based on your business needs we set up the Pitstop Analytics™ platform to gather the information you need from the audience you have selected.

Your key stakeholders and team goes online – it takes between 15 and 26 minutes per person to complete the analytics in confidence.

Leader, team and individual perspectives are analyzed with approx. 10,000 data points for a medium-sized unit/team.

A powerful algorithm analyzes patterns in the data & compares to benchmark.

BIG data modelling & visualization techniques bring the data to life and tell a story.

Leaders are guided through the outputs in a process of data-led coaching that combines analysis with reflection to generate new awareness.

Progress in converting insight into action is tracked over time with before/after measurement

As the leader, we will guide you through the analysis in a data-led coaching process that balances data and reflection to result in new insights and clarity.

As an option, there is a robust ‘pitstop’ methodology to engage your stakeholders and team in the analysis of new levels of engagement, ownership and buy-in.,  

Here is how executives describe these pitstops:

‘I was expecting a slide show and lots of graphs, instead we had one of the most effective conversations as a team that we ever had.’

‘The models and tools really get the conversation to the point of clarity fast. Using stickers to do the analysis as a team and then comparing that to the results gathered online was really powerful in illuminated the issues from different angles.’

‘The level of energy and engagement was wonderful – there are lessons for how we organize all our strategic workshops’.

‘Everybody had their say and people opened-up and said things that hadn’t been said before. It was safe to say what you were thinking, but there was also a level of respectful challenge involved. I came out of the session thinking differently than I was thinking going in’.

‘The full complexity was clear, including the system we are working in… the parts we can control and the parts we cannot.’

Talk to us about pit-stopping with your stakeholders and team, using its analysis

Pitstop Analytics™ is inspired by the performance-obsessed arena of F1™ – a pioneer not just in BIG data technology, but in the science of performance optimization.

During a typical Grand Prix more than 243 terabytes of data will be streamed from the racing cars.  That is more data that is contained in the US Library of Congress!

To make sense of mountains of data requires the use of the latest data visualization techniques including predictive modelling.  That is the inspiration behind Pitstop Analytics™ meta modelling.

Delivering insights after the race is of little value.  So, data is put to work immediately identifying marginal gains that can be acted upon fast. 

Pitstop Analytics™ provides Big data at the speed of a pitstop. It minimizes the time required by managers in gathering, analyzing and acting on the data.