Metadata
- Author: Wrap Text ↩
- Full Title:: Every Analyst Is a Finance Analyst
- Category:: 🗞️Articles
- Document Tags:: Data Analysis, Data Team Roles,
- URL:: https://wraptext.equals.app/every-analyst-is-a-finance-analyst/
- Finished date:: 2023-07-15
Highlights
Accessibility has now enabled companies to understand their businesses across every function in a way unparalleled historically. (View Highlight)
As a result, companies are grappling with how to best structure analysts (View Highlight)
almost every company has lived the constant struggle of centralizing and decentralizing analysts. Ask leaders of these analytically oriented teams and they’ll tell you that they’re finding it significantly more difficult to define roles and responsibilities for analysts across departments. (View Highlight)
they do so in service of one purpose: to quantify tradeoffs. And within a business, the fundamental way of quantifying any trade off is return on investment. Whether over the short term or long term, every business exists to yield a return on invested resources (View Highlight)
Every analyst is a finance analyst. At minimum, every analyst needs to understand and deeply internalize the fundamentals of how their business model works (View Highlight)
every analyst should learn SQL (View Highlight)
Although what is hard is data modeling:
it’s actually not hard! It only takes a few weeks to learn. (View Highlight)
analysts are becoming positionless. Reporting structure and functional domain expertise matter less than skills and abilities (View Highlight)
the skill sets required to keep up are financial analysis and self sufficiency in accessing data. (View Highlight)