The last few years have demonstrated how critical it is for businesses to maintain agility and make fast, confident decisions to stay ahead. The resulting economic uncertainty and growth of industry-wide trends, including ESG, cloud migration, and the rise of artificial intelligence and machine learning programs – such as OpenAI’s newly launched GPT-3 model and […]
Data Literacy Assessment: How to Measure Success
There is no silver bullet for how organizations can drive data literacy throughout their organizations, but a few general elements include technology, processes, training and programs, and change management. Once an organization starts using data on a daily basis to extract actionable insights – and both the business leaders and line managers start valuing data […]
Data Strategy 101
Organizations that treat data as a business asset look for ways to transform the entire business ecosystem into a data-driven entity. Yet, aligning business goals with data goals is neither easy nor straightforward; a systematic and well-defined Data Strategy must be conceived and developed to take the data-enabled business practices forward. In this Data Strategy 101 […]
For Successful Transformations, CIOs Must Evolve
Our world is hybrid and becoming increasingly digitized – a study from McKinsey suggests that the pandemic accelerated companies’ adoption of digital or digitally enabled products by seven years. The ability to connect with one another like never before is exciting, but those connections don’t come without their challenges. For example, each new device communicating with the […]
Data Intelligence Predictions: How to Be Data-Driven in 2023
It’s a new year, but we’re still facing many of the same challenges as in 2022. Businesses are preparing for greater economic uncertainty, often looking for creative ways to keep costs low while still meeting goals for the year. By becoming data-driven and using data intelligence to fuel business decisions, leaders can confidently make key […]
Data Strategy Without Data Literacy? Like Boarding the Titanic!
Data literacy is a hot topic with today’s data leaders, and many have put budget aside for data literacy training this year, for a good reason. Data literacy is about improving an organization’s or individual’s ability to make decisions using data. And although training goes some way to support this, it is by no means the silver bullet on its own. A true, all-encompassing data literacy […]
Building a Data Analytics Strategy to Understand Your Supply Chain
We’ve all heard and seen the realities of the increase in shipping rates. In 2021, the domestic shipping rates for moving goods by road and rail in the U.S. was up 23% from 2020. The real problem, though, is that even if you can afford that increase, the product and capacity might not be available. […]
The Importance of a Change Management Plan for Digital Transformation
In times of uncertainty in the global business landscape, the organizations that are quick to adapt and respond to change are the ones that survive crises such as the pandemic. In the past five years and especially during the pandemic, global organizations have been under tremendous pressure to adopt digital transformation to survive. The truth is that […]
Key Components of a Successful Data Strategy
A successful data strategy generally requires the use of certain key components. Most businesses have invested in some form of Data Management, but all too often different sections of a business aren’t terribly well coordinated. A data strategy can be described as a dynamic process used to support the collection of data, its organization and […]
A 12-Step Program for Improving Data Literacy
In our digitally obsessed economy, it’s become all too prevalent for knowledge workers to assume that data problems are best solved with newer and better tech. In fact, the most powerful solutions for maximizing business value are right under the noses of management – in the form of improving data literacy skills. In the service of […]