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26 Examples of Analytical Skills

 , December 28, 2019
Analytical skills are talents, knowledge and experience related to the acquisition, processing, formation and interpretation of information. The following are illustrative examples.

Strategic Planning

The process of developing strategies to achieve goals in the face of constraints and competition.
Developed a strategy to expand our product line that increased revenue by $17 million.

Business Analysis

Business analysis is the process of developing documentation and communications for a business.
Developed a competitive analysis that estimated the unit costs of our competitors across 12 product categories.

Business Planning

The development of a business plan or business case that recommends an investment in a business.
Developed a plan to invest in a data center expansion that was approved by the executive team with a budget of $12 million.

Requirements Gathering

The process of gathering and refining requirements from the stakeholders in a project.
Delivered the requirements for a $12 million data center expansion project.

Estimates

Estimating the cost and duration of projects, activities and tasks.
Developed formal cost estimates for a $7 million software development project.

Financial Analysis

Analysis of financial proposals, performance and conditions.
Developed return on investment estimates for a $250,000 product development initiative.

Forecasts

Developing reasonable predictions of the future.
Developed a quarterly sales forecast for a product with revenue of $45 million that was used to plan marketing, sales and production.

Goal Planning

Goal Planning is the process of establishing goals for an organization, team and individual. This is part of the performance management process.
Managed the performance goal setting process for a team of 42 software developers.

Problem Solving

Using a process of analysis to solve problems.
Examined more than 3,000 product reviews to determine the reasons a product was receiving low scores. Used this information to drive design and quality improvements to the product.

Decision Making

Using analysis to make decisions.
Developed an analysis of the risks and opportunities associated with 130 cost cutting proposals to determine a strategy that reduced opex costs by $240,000 per quarter.

Critical Thinking

Thinking that challenges or validates the assumptions, positions and assertions of others. Note: chose examples that produced value as merely criticizing others without doing anything useful can be perceived negatively.
Challenged the assumption that a legacy system was too critical to retire. Sponsored a project to retire the system that saved $930,000 in annual maintenance and support costs.

Market Research

Market research is the process of understanding customers and competition.
Conducted market research to identify how customers perceive the quality of snowboard gear.

Data Analysis

Data analysis is the use of data science techniques and tools to develop knowledge, make decisions and solve problems.
Performed an exploratory data analysis to identify optimal price points for a range of ice cream products.

Statistical Analysis

The analysis of probability distributions and other statistical models.
Developed a probability distribution that was used to predict the effect of price increases on demand for a line of packaged food goods.

Quantification

Quantification is the process of measuring things.
Measured customer satisfaction with the meal service on the London to Shanghai route.

Benchmarking

Comparing your results to your industry or competitors.
Benchmarked our revenue per employee against our industry and closest competitors.

Management Accounting

Management accounting is the practice of measuring things that management needs to know.
Measured the throughput of a production line by workstation.

Business Process Analysis

The analysis of business processes.
Performed an analysis of a quote-to-cash process to develop recommendations to shorten the process by 23% with more parallel steps.

Gap Analysis

A gap analysis identifies the difference between where you are and where you want to be.
Delivered a gap analysis for the goal to improve customer perceived quality by 70%.

Voice of the Customer

Engaging with customers to understand things like customer needs, quality and pricing.
Established a network of lead users who recommended designs and improvements that generated $4.2 million in new product revenue.

Systems Analysis

The analysis of IT systems, architecture, design, operations and infrastructure.
Performed a product evaluation for network infrastructure such as routers and recommended products for a data center design.

Capacity Planning

Determining future resource requirements and planning to meet demand.
Forecast the storage capacity required for a cloud service with 1.2 million users and delivered an infrastructure plan to meet demand.

MECE

A common management consulting approach to analysis that produces information that is mutually exclusive and collectively exhaustive.
Delivered recommendations for an acquisitions strategy that listed all possible targets with a risk, opportunity and feasibility assessment for each.

SWOT Analysis

A popular analysis technique that involves evaluating your current strengths, weaknesses, opportunities and threats in a competitive environment.
Developed a SWOT analysis for a cloud platform.

Operations Analysis

Analysis of the core operations processes of an organization.
Delivered an analysis of a production process that identified efficiency bottlenecks and opportunities for quality improvement.

Metrics & Reporting

Developing measurements that are communicated to stakeholders.
Developed a labor productivity metric that was reported monthly to the executive team.
Overview: Analytical Skills
Type
Definition
Talents, knowledge and experience related to the acquisition, processing, formation and interpretation of information.
Related Concepts

Business Skills

This is the complete list of articles we have written about business skills.
Analytical Skills
Business Analysis
Business Experience
Change Management
Communication
Computer Skills
Customer Service
Data Literacy
Decision Making
Design Thinking
Finance
Human Resources
Influencing
Leadership
Management
Marketing
Negotiation
People Skills
Personal Resilience
Planning
Problem Solving
Procurement
Project Management
Public Speaking
Quality Assurance
Relationship Building
Risk Management
Sales
Self-Direction
Storytelling
Strategic Planning
Strategy
Systems Thinking
Time Management
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