This presentation wil l discuss the three elements to value creation from data strategy:
\n\n Addressing all the elements of building an executable data strategy, includ ing the "softer side of strategy" – the pace of change and adoption of new ways of thinking and doing\n Building the data strategy knowing it is really the means to an end – enabling analytic strategy, which is where value is created\n Both data and analytics strategy must be aligned to help a firm capture val ue from the insights, the key part of ROI\n\nThe central idea of strateg y is easy to understand: aligning aspirations with capabilities. Data strategy is also conceptually straightforward: an executable plan for data and analytics that is driven by corporate strategy, to create val ue for the organization from the necessary investment.
\nBuildin g an effective data strategy therefore requires fully recognizing the context you are operating in, assessing culture, capabilities, an d capacities before architecting a plan that can and will be executed.
\nThe importance of the softer side of strategy can't be overstated – how to move the culture and at what pace, so that&nb sp;data is no longer just an artifact of other processes, and analytics is understood as a key part of the value creation cycle.
\ nWe will touch on:
\n\n Starting with the end in mind \n Balancing quick wins on specific use cases with all the detailed polic ies and processes that need to be carefully thought out\n Factoring in culture and the pace of change\n Building the business case for the investments \n Sustaining advantage by investing in data and analytics \n DTSTART:20200325T120000 SUMMARY:Data-Driven Means You Have to Build Your Data Strategy the Right Wa y DTEND:20200325T125959 LOCATION: See Description END:VEVENT END:VCALENDAR