How often do parents buy snowblowers right after their kids leave the nest?
Good employees often understand the tools they need to best do their jobs. Good analytical minds usually look for different ways to extract new information out of large data sets. This requires access to new tools, frameworks, and methodologies. If we are not reinvesting in improving our analyical capabilities, we risk losing our best people as they quest other ways to challenge themselves. We are then required to invest in the tools we declined to compensate for a loss of analytical brain power.
Instead of purchasing tools after a star analyst leaves, we need to find fresh ways to challenge analytical minds. We can do a much better job of pointing people in new directions, or finding new ways to derive value. Otherwise, we’re left investing in expensive equipment to do necessary tasks.
PureStone Partners LLC 