Data and business have become inseparable, so if your business isn’t using data effectively, you’re in trouble. Yet using it effectively can be a struggle. Not knowing how to find the right data, not trusting the available data, and not having confidence in the tools and people providing that data can lead people to conclude […]
Developing a Data Analytics Strategy
While data-driven digital platforms and the recent pandemic have opened new and novel opportunities for businesses to go beyond geographical borders and compete in truly global business environments, an average business faces tremendous pressure to demonstrate the value of their operations. With the rising importance of data as the new oil of a global business […]
Evaluating Enterprise Data Literacy
Any organization that aims toward complete digital transformation must move toward Enterprise Data Literacy. So, what exactly is Data Literacy? Gartner defines Data Literacy as: “The ability to read, write and communicate data in context, including an understanding of data sources and constructs, analytical methods and techniques applied – and the ability to describe the […]
Aligning Data Architecture and Data Strategy
Peter Aiken disagrees with the popular idea that it’s impossible to put a dollar value on Data Architecture. “It won’t be the right number, but it will be at least a dollar value on it, and if there’s money involved, people should be paying attention to it.” Aiken is an author, Professor of Information Systems, […]
Case Study: A Digital Transformation Success Story
In the years since COVID-19 hit and swiftly shut down most in person experiences, the wellness industry had to quickly adapt to a new way of life. While this has given businesses the opportunity to reach new customers beyond their traditional four walls – owners and managers needed to learn and embrace new technologies to […]
Digital Transformation Best Practices
The term “digital transformation” (DT) encompasses the holistic framework and the associated strategy designed for integrating technology, business processes, and employee effort to get the maximum value for business customers. In a digitized business model, the “customer journey” is the central focus. While creating the DT framework, the business operators develop business models that are […]
How to Influence Data Quality Through Data Stewardship
To get value from data, data stewards must understand business requirements and apply them. When business ambiguity arises about best serving data stakeholders, data stewards need to know how to find out this information and with whom to speak. Then these data trustees influence Data Quality for the better by aligning fit for purpose with business needs. Data stewards […]
Case Study: Executing an Effective Data Strategy
Few tasks are more logistically and technologically daunting than providing air, land, and sea transportation for the U.S. military across the entire world. Yet that is precisely the mission of the United States Transportation Command, or USTRANSCOM. According to a Congressional Research Service report, on any given day USTRANSCOM conducts over 240 air missions, sends […]
The Changing Role of the Chief Data Officer
In a 2005 interview, Usama Fayyad described his recent appointment as Yahoo’s chief data officer (CDO), a role that had been introduced in the business world only a few years prior. He defined a CDO as: “Someone to lead all strategic data activities and to represent data as a strategic asset that DRIVES business and […]
Expanding Data Governance into the Future
Shortened time frames to leverage business insights and navigate data privacy and ethics call for the next generation of Data Governance (DG). This DG describes a collaborative, thoughtful, long-term framework consisting of processes managing trusted data assets across the organization. Kelle O’Neal, Founder, and CEO of First San Francisco Partners, sees a need to make firms […]