(This episode is a re-release, but the content is still just as relevant as it was the first time around!)
Brick and Caleb discuss the complexities of building an in-house BI department. In addition to sharing their firsthand experience and insight from years of supporting mid-market companies, the duo discusses the potential benefits and pitfalls of moving from relying on external BI vendors to establishing internal teams. They explore why companies might want to bring these capabilities in-house despite the challenges and offer practical steps and advice for those considering this shift. Tune in to learn about the hiring hierarchy within a BI team, cost implications, and how to foster an environment where a newly formed BI team can thrive.
Key Segments:
0:03 Why is it so hard to hire good BI people?
1:20 Why build an internal data team?
1:39 Is an internal data department less expensive than an external vendor?
4:22 The risks of building an internal data team
7:32 The ideal end state
7:53 The first role you need when building an internal data team.
10:44 How long does it take to train up a data visualization engineer?
11:11 Two additional hires you need to build a data team.
13:36 How much should you expect to spend on an internal team?
Blue Margin increases enterprise value for PE-backed, mid-market companies by serving as their fractional data team. We advise on, build, and manage data platforms. Our strategy, proven with over 300 companies to-date, expands multiples through data transformation, as presented in our book, The Dashboard Effect.
For a free, downloadable copy click bit.ly/3RmBGWQ, or buy a hardcopy or Kindle version on Amazon (amzn.to/3UTvTLm).
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Visit Blue Margin's library of additional BI resources here: bit.ly/3fwNmcg
12 окт 2024
