The value of your data is potentially greater than all other intangible balance sheet assets like copyrights, patents, trademarks, goodwill, or customer lists.
Management teams need to be thinking about how their data can be used in new, creative, and unconventional ways to drive strategy and enterprise value. This article outlines what questions boards should be asking and also offers a playbook for making the data and analytics pitch to your board. You can’t build a game changing, P&L and strategy driving analytics team/capability without good data. It is the backbone of any legitimate data science or analytics initiative.
Doug Laney and I teed off on this topic. This video will give executives an overview on why managing your data as an asset is essential for realizing the financial potential hidden in your data. Manufacturing is one industry in particular that can benefit tremendously from an analytics and data strategy. This video discusses how D&A can quickly add huge enterprise value to these types of firms. The CEO, CFO, COO, and Private Equity teams in the crowd REALLY liked this segment.
Executive and board level support is essential for data and analytics success, but who ultimately has responsibility for driving the culture and strategy across the organization?
Many companies have been successful without analytics, but what got you here won’t get you there.
In this video Doug Laney and I discuss why a data and analytics strategy is essential to the long term survival and prosperity of every company today. I recently had the pleasure of speaking to a room full of executives and board members about the power of data and analytics with my friend Doug Laney. It was a real honor and pleasure to be up there with a thought leader like him
In today’s digital economy, data is currency. In order to understand why it is so valuable, we first have to understand what it is.
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