From Raw Data to Insight: A Framework for New Analysts
In today’s data-driven landscape, organisations rely heavily on accurate, actionable insights to guide business decisions. For those just stepping into the analytics domain, the journey from unrefined data to meaningful conclusions may appear complex. However, with the right framework, new analysts can develop a structured and effective approach to transforming data into strategic insights. This blog outlines a step-by-step model to help beginners understand how to handle raw data, analyse it effectively, and deliver insights that drive impact. Understanding the Business Problem Before diving into datasets, it’s vital to grasp the context of the analysis. Every successful data project begins with a clear definition of the business problem. Analysts must engage with stakeholders to clarify the objective—whether it's improving customer retention, optimising marketing campaigns, or forecasting inventory needs. This phase helps identify the key performance indicators (KPIs), constrai...