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CONCEPT

Nordic Compass Analytics

"Seven Stars of Change to the Pole Star of North
 Seven flickering Stars to the Wonder Star of the Poles
 Follow the Star of Purpose 
 Follow the Mission"

Formation

Analytics is the search of an answer from known
to the unknown.

Data       +     Perspective     =     Analytics
(Known)            (Unknown)                    (Unknown)

                           

Purpose brings perspective.

Purpose transforms into a set of guidelines or knowledge factors that leads to the goal. This forms the perspective.

Description
Perspective

Analytics is a set of knowledge factors that leads to the goal.

Goal  =  {Purpose, Story, X-Factor, Logic, Model, Test, Practice}

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Goal:

Purpose translates into specific objectives or Goal

Purpose:

Business Need translates into purpose

Scope:
Area of research and its limits as identified by Goal and Purpose

X-Factor:

Factors determining the final outcome as identified by Goal, Purpose and Scope

Logic:

The reasoning of how x-factors affect each other in achieving the goal

Model:
Model of the final outcome as defined by Goal and Logic

Test:

Testing of the model with data

Sign Off:

Sign off to practice and implementation upon successful testing

Philosophy

Every path of truth is a continuous trail of several other guiding truths.
Mission follows the Purpose.

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