A data strategy framework: How to implement and scale for success
What success looks like with an effective data strategy
After implementing and scaling your data strategy, you’ll need to institute some critical capabilities for your organisation to grow and maintain a thriving data culture. As previously mentioned, you’ll need executive advocacy, as well as agility, data proficiency and a broad, active community to ensure the mission, goals and needs of your organisation are met – in process and technology. Businesses around the globe have successfully implemented a data strategy and reaped the rewards from deploying a modern, self-service analytics platform alongside these capabilities. Check out their stories.
Considering these success stories, a growing number of organisations are also appointing a Chief Data Officer (CDO) to lead business process change, overcome cultural barriers and communicate the value of analytics to all staff. Organisations are dedicating more money and resources to developing a highly effective team under this strategic position. According to Gartner, 80 percent of large enterprises will have a CDO office fully implemented by next year. Stay tuned to see if this becomes reality, allowing IT and Chief Information Officers (CIOs) to have a more strategic focus on other areas like data security.