ATHARVA INSTITUTE OF MANAGEMENT STUDIES

MANAGERIAL PROCESS SKILLS

ANALYTICAL SKILLS

PRESENTED BY Nitin Kondi  Vilas Kuttan  Rutu Kuwadia  Girish Tejwani  Preeti Thackur

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Analytical Skill
Analytical skill is the ability to visualize, articulate, and solve complex problems and concepts, and make decisions that make sense based on available information.

Why do we need Analytical Skills ?

Structured Approach to Conducting Analysis

 Objective and systematic way of

collecting, examining and reporting information to support decision-making.

 Conceptual way of thinking.  Applies to all aspects of managing programs,

finances, and operations.

 A logical, comprehensive, structured

approach contributes to completeness and effectiveness of analysis.

Structured Approach to Conducting Analysis

 To be effective, analysts must:  Understand organizations business.  Understand how analytic need relates to the business.  Apply sound, thorough analytical methods specifically tied to the need.  Provide useful information to support decision-making.  Analysis for decision-making

leads to continual line of questioning.

How can an individual be Analytical ?

Being analytical is about breaking things down into their component parts. Analytical thinking is often associated with directed thinking, i.e. solving problems, seeking the truth and developing understanding, with the focus on a desired outcome.

Being analytical involves

 Being Open
minded

 Reflecting  Evaluating  Reasoning  Asking questions

Some Common Traits of Analytical leaders are

1. Develop their people skills. 2. Push for more and better data and analysis. 3. Hire smart people and give them credit for being smart. 4. Set a hands-on example. 5. Sign up for results. 6. Teach.

Analytical people are

Systematic Well Organized Deliberate Precise Disciplined Logical

Some Common Traits of Analytical leaders are

7. Set strategy and performance expectations. 8. Look for leverage. 9. Demonstrate persistence over time. 10. Build an analytical ecosystem. 11. Work along multiple fronts. 12. Know the limits of analytics.

WARREN BUFFETT
Most brilliant investors Berkshire Hathaway @ $7.6/Share Analysis of annual report only working capital of company worth for $19/share

 Trading strategy Robbie burns in The naked trader

 Strategy: February-March : dont expect big advances here April : buy in mid March to catch the April lift.

 May July: It is better to take some profits and keep cash in hand. August: From the gloom of the last few months usually comes a great August. Share prices can perform good at lower volume and that is august September: September has the worst record of any month on average it falls 1.4%. Upside is usually limited but downside can be large. If you ever want to try shorting, this is the month to do it.

 October November: October is actually pretty good and its often a good time to buy. November is middling but buying the right shares in October and November can be a good move in the lead up to the Christmas buying spree December-January: December is one of the best months to buy shares. January too

THE BUFFETTS WAY

People buy stock but I buy share in their business for 10 years I buy good business Be fearful when others are greedy and be greedy when others are fearful

JAMES Mc NERNEY

EARLY LIFE
 Born on 22nd August 1949,is an American businessman.
 CEO of 3M,$20 billion global technology company.

1. Looked through different problem areas 2. Improved the Financial conditions 3. Improved the product quality 4. Emphasis on customer orientation 5. Expansion of business

Skills McNerney possessed

Utilized his thinking tool Analyzed and solved problems Took proper and effective decisions that led to companys progress

Conclusion
 Powerful thinking tool
 Ability to scrutinize and break down facts & thoughts.  Developing the capacity to think in a thoughtful way to analyze and solve problems.  Fact finding and rigorous analysis to make decisions.  Analysis helps to make smart decisions, take effective actions, achieve better results & to