Its all about what is meant by anlytical skills how important are they, why are they required, and how do you attain them ?

2. What Do You Mean By Analytical
Skills
Analytical skill is the ability to
visualize, articulate, and solve both
complex and uncomplicated
problems and concepts and make
decisions that are sensible and based
on available information. Such skills
include demonstration of the ability
to apply logical thinking to gathering
and analyzing information, designing
and testing solutions to problems,
and formulating plans.

3. WHY ANALYZE INFORMATION ?
 The economic decisions we make impact how we live and the future of
companies and markets
 The political decisions we make can change the course of legislation locally,
regionally and globally
 The business decisions we make can enhance the quality of our work and
even open doors to new opportunities
 The economic decisions we make impact how we live and the future of
companies and markets

4. What Do You Really Do To Have
Those Skills ?
Problem solving
Formulate, Solve, and Interpret
„
Models
Formulate, analyze, predict
„
Estimation
Reasonableness of results, checking
answers
„
Reading
Comprehend and analyze mathematical
text
Writing
Express quantitative ideas and facts
effectively in writing
„
Speaking
Express quantitative ideas and facts
effectively orally
„
Information literacy
Access and make effective use of
quantitative
information

5. This Is How You Go About It

6. 5 TIPS TO BETTER ANALYTICAL SKILLS
Ask the right questions
Realize what you don’t know
.Make no assumptions
Don’t take what you see at face value
Turn information into knowledge

7. ASK THE RIGHT QUESTIONS
What do we know already?
What do we need to know?
What are the expected results?
How will we act on this once we
have the data?
How much time am I allotted on this
research?
When is the information needed?

8. REALIZE WHAT YOU DON’T KNOW
Don’t be embarrassed to ask
simple questions
Start from the bottom to
ensure you cover all the bases
Allow your research to guide
you into different directions

9. MAKE NO ASSUMPTIONS
 Does the requestor really know what they want?
 Are you sure that the information will be easily found?
 Is it possible that someone may have gathered similar information?
 Do you have enough time to complete the task?
 If in doubt about the results or the format of the report…ask.

10. DON’T TAKE THINGS AT FACE VALUE
Errors occur by both man and
machine
Cross-reference statistics and
research when possible
Look deeper to determine the
real
value in the information
Validate sources to ensure their
credibility, especially those online

11. Turn Information into Knowledge
After collecting information, review and assemble it
Create categories that help organize it
Look for patterns of recurring data
Add your perspective to what you’ve uncovered
Summarize analysis to crystallize the findings
Bring value to the information by keeping your requestor
in mind

12. Thank you