While many organizations aspire to become data-driven, a significant portion of them tends to focus narrowly on the technical aspects of data, treating it primarily as a technical asset. Consequently, their investments and initiatives often center around technology-driven efforts. However, it’s imperative to recognize that technology serves as a means to an end. We believe that it’s crucial to address 4 fundamental questions before plunging into the detailed technical implementation plan: Why, Who, What and How.
4 Questions
- Why should we harness data within our organization? In other words, what benefits can data bring to our organization?
- Who are the key stakeholders involved in working with data? This group spans a wide spectrum, including business users, executive management, customers, as well as technical roles like data engineers and data scientists.
- What systematic approach can be taken to transform raw data into tangible value? This process involves a step-by-step blueprint for deriving value from data.
- How can we effectively achieve our data-driven aspirations? This involves the integration of technology and a robust data management practice, aligning the data perspective with the overarching business and organizational objectives.
Read the full article on our Medium Blog.