5 steps to prepare for digital transformation

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STEPS TO PREPARE FOR DIGITAL TRANSFORMATION 5


WHY START NOW?


NOW IS HERE


Data is now more valuable than physical property

REAL-TIME BUSINESS IS HAPPENING

Airbnb Largest hotel company

does not own proper@es

Uber Largest taxi company does not own taxis


MAINSTREM ADOPTION IS COMING

BUT WE STILL HAVE TIME


WHICH PROVIDES A GREAT OPPORTUNITY TO:

REVIEW AND REINVENT OUR PROGRAM

REFRAME THE DATA DIALOGUE AROUND DIGITAL INNOVATION

RESET OUR PRIORITIES


5 STEPS TO PREPARE FOR DIGITAL TRANSFORMATION


1 PRIORITIZE WHAT MATTERS


Focus your efforts on the DATA THAT ACTUALLY MATTERS and supports business objec@ves

PRIORITIZE WHAT MATTERS

“We’ve found 40% of the data maintained in transac@onal systems doesn’t need to be there”

1


Develop and follow a business value focused Decision Tree to drive priori@es and governance decisions

AVOID THE CLUTTER 1


VIEW DATA FROM TOP-DOWN

FOCUS ON THE DATA THAT ENABLES BUSINESS PRIORITIES

THE BUSINESS WILL BUY INTO WHAT WE BELIEVE, NOT WHAT WE DO OR HOW WE DO IT

What cri@cal insights will enable you to make beUer decisions driving growth, risk mi@ga@on, and opera@onal efficiency?

What governance capabili@es are required to collect, protect and analyzing that informa@on?

What performance measures will they be using to define success?

1


2 START AND USE WHAT YOU HAVE

SMALL


2

INFORMATION GOVERNANCE

SUCCESSFUL

STILL BOILS DOWN TO DIGITIZATION


WE JUST NEED TO PIVOT A BIT 2 IT’S NO LONGER ABOUT CONTROL CONTEXT NOW IT’S ALL ABOUT


WHY IS CONTEXT SO IMPORTANT ? 2


ANALYTICS REQUIRE GOVERANCE 2 BUSINESS


3 ESTABLISH A SIMPLE & SCALABLE OPERATING MODEL


DON’T REINVENT THE WHEEL 3 PROJECT BY PROJECT REQUIRES DATA REWORK EVERY TIME, WASTING TIME, MONEY AND EFFORT

PROGRAMS CONSISTING OF A CENTRALIZED, SUSTAINABLE STRUCTURE FOR CAPTURING, ANALYZING AND EXECUTING DATA INTIATIVES

VS.


CONVERTING FROM A PROJECT TO PROGRAM MENTALITY 3

COLLABORATION BETWEEN BUSINESS & IT

CHANGE MANAGEMENT

OPERATING MODEL WITH CENTRAL FRAMEWORK

PROGRAMS REQUIRE:


[DATA GOVERNANCE PLATFORM]3 INFORMATION VALUE MANAGEMENT® BY DATUM

Structures repeatable METHODOLOGY

for trusted analy@cs

Provides CLARITY OF SIGHT between business analy@cs and the data that support

them

Drives a prescrip@ve and repeatable FRAMEWORK

for data standards & business rules

Creates a MISSION CONTROL CENTER for business focused data

collabora@on

CLICK HERE TO LEARN ABOUT INFORMATION VALUE MANAGEMENT

http://www.datumstrategy.com/information-governance-software-platform




4 LEVERAGE A SUITE OF PROVEN TOOLS


TOOLS & CAPABILITIES NEEDED 4 BUSINESS RULES ARE KING AND YOU NEED AN INTEGRATED SUITE OF TOOLS TO LEVERAGE THEM:

MASTER DATA CHANGE MANAGEMENT SAP Master Data Governance (MDG)

INFORMATION QUALITY SAP Informa@on Steward (IS)

DATA TRANSFORMATION / SYNCHRONIZATION Data Services (DS) & Landscape Transforma@on (SLT)


LEVERAGING THE TOOLS 4 UNDERSTAND WHERE THE TOOLS BEST APPLY TO YOUR BUSINESS (THINK CAPABILITIES)

CONSIDER THE TRUE QUALITY REQUIRED FOR THE INFORMATION ACROSS YOUR LANDSCAPE

APPLY TECHNOLOGIES TO CLOSE SPECIFIC GAPS

ENSURING YOUR BUSINESS RULES ARE ITERATIVELY APPLIED ACROSS YOUR TOOL LANDSCAPE IS THE ONLY WAY TO DRIVE VALUE ACROSS THE BUSINESS


WHAT OUTCOMES DO WE WANT 4 CONSIDER THE QUALITY OF INFORMATION ACROSS THE LANDSCAPE

APPLY WORKFLOW TECHNOLOGIES TO CLOSE GAPS

IT’S NOT ALL ABOUT DATA QUALITY ANYMORE

IT’S NOT TURNING DATA CONSUMERS INTO DATA PRODUCERS

IT’S ABOUT TURNING INFORMATION USERS INTO INFORMATION PRODUCERS


5 MEASURE READINESS


5 DATA TECHNOLOGY IMPROVEMENTS HELP, BUT THEY ARE NOT A SILVER BULLET FOR ENABLING DIGITAL TRANSFORMATION

HOW TO MEASURE READINESS

THINK ABOUT DELIVERING SOLUTIONS – NOT SYSTEMS – AND ESTABLISH ‘OUTCOME CENTRIC’ USE CASES AS ACCEPTANCE CRITERIA


FOLLOW YOUR NORTH STAR 5 EVALUATE THE FOLLOWING CAPABILTIES WITHIN YOUR PROGRAM AND TEAM ON A REGULAR BASIS:

DO WE UNDERSTAND WHERE THE DATA THAT MATTERS COMES FROM AND HOW THE BUSINESS WANTS TO USE IT?

IS OUR DATA STRATEGY IS FOCUSED ON HOW TO CREATE, STORE AND MANAGE OUR DATA OR HAVE WE MADE CONNECTIONS TO BUSINESS VALUE?

IS THERE AN ORGANIZATION-WIDE APPRECIATION FOR FOLLOWING GOVERNANCE RULES


DIGITIZATION

THE BEST TIME TO START IS

NOW!

THE CLOCK

IS TICKING


For More Informa@on, Download Our Free White Paper

DOWNLOAD THE WHITE PAPER

datumstrategy.com

http://info.datumstrategy.com/prepare-for-digital-transformation

5 steps to prepare for digital transformation

Data & Analytics