[Press Release] New Healthcare Analytics Competency Model© Bridges Gaps in Analytics Talent Development

admin Analytics Competencies, Analytics roles, Analytics training, Business of Healthcare, Healthcare Analytics

Chapel Hill, North Carolina – ThotWave today announced the latest release of the Healthcare Analytics Competency Model©—a robust methodology which can be used to build analytics competencies, enabling healthcare leaders and their teams to make smart, data-driven decisions that transform patient care and improve organizational outcomes. McKinsey’s Big Data Report notes that by 2018, 1.5 million data-savvy business analysts will …

5 Approaches to Staged Learning

Michelle Buchecker Analytics training, Our Thots

In an earlier post, we touched on the five approaches to  Staged Learning. These are classroom training, eLearning, Social learning, coaching, and collaborative learning. Classroom Training Most of us are pretty familiar with classroom training. Typically an instructor stands at the front of the room and clicks through a variety of PowerPoint slides while the students sit there and wonder how …

ThotWave 2017 Analytics Challenge

Healthcare Analytics Challenge: Summary and Week 3

Greg Nelson Analytics Competencies, Analytics training, Healthcare Analytics, Healthcare Analytics Challenge, Our Thots

Welcome to Week 3 of the ThotWave Healthcare Analytics Challenge. We are delighted to see so many people challenging themselves and dedicating a few minutes each week to improving their analytics and leadership capabilities. Last week, we provided a summary of the week 1 challenge and asked you to consider the general steps that you use when starting the process …

Healthcare Analytics Challenge: Summary and Week 2

Greg Nelson Analytics training, Healthcare Analytics, Healthcare Analytics Challenge, Our Thots

Welcome to week 2 of the Healthcare Analytics Challenge—our ongoing series designed to engage you in critical thinking and problem solving with new activities and insight from our healthcare analytics experts. The first challenge was to look at an infographic published in a popular “car magazine” and provide some “thot-ful” commentary on the piece and think of some ways in …

ThotWave 2017 Analytics Challenge

“New Year, New You” Healthcare Analytics Challenge: Week One

Greg Nelson Analytics Competencies, Analytics training, Healthcare Analytics Challenge, Our Thots

I love the New Year. For me, it means a fresh start. New goals, new aspirations, new lessons learned from the previous year, and new challenges ahead. The gyms are packed, and Facebook is full of videos on the transformation that lies ahead with new start videos where you see dads touching their toes, people losing weight, and getting stronger. We thot …

Predictive Analytics—Black Box or Pandora’s Box?

Monica Horvath Analytics Competencies, Analytics training, Healthcare Analytics, Our Thots

Predictive analytics is infiltrating nearly every industry and is something increasingly part of the general public’s vocabulary. It has been applied to everything from terrorism risk assessment to tailoring the retail coupons we receive in the mail. But these methods have a downside. Some individuals perceive predictive analytics as merely profiling that could be discriminatory in nature if all it does is …

ThotWave Analytics Training Goes Overseas

Michelle Buchecker Analytics training, Our Thots

Recently I had the opportunity to teach some technical training classes in Asia Pacific for a Pharma client of ours. This was my first visit to the region. I love traveling and have been to 46 states, and several European countries. It was an amazing experience and I wanted to share some of my thots. Leaving on a Jet Plane After a …

Healthcare Analytics Training: 7 Benefits to Your Team

Jennifer Smolka Analytics training, Our Thots

Professional development and training have consistently been a large part of any organization’s annual budget. The 2015 Training Industry Report determined almost a 15% increase in training expenditures to over $70 billion dollars spent. Within the industries included in the survey, healthcare and medical services comprised the largest segment of the population (16%). It’s obvious that we spend a lot …

Keep calm and find a mentor

Greg Nelson Analytics training, Our Thots

“The master has failed more times than the beginner has even tried.” – Stephen McCranie Think about that… a master didn’t become a master overnight. While we like to look back on our successes, it is equally important to think back on the mistakes we made and learn from them. And while you are reflecting on the lessons you’ve learned that got you …