creating a data driven organization: the series...creating a data driven organization: the series...
TRANSCRIPT
CREATING A DATA DRIVEN ORGANIZATION: THE SERIES
Hosted by Elizabeth
Harvey
JonathanPoeder
MoElghamri
PeterOlmsted
RayAttiyah
AGENDA• State of the Industry • Introducing Jonathan Poeder• Understand the 5 “V”s of data • What are the 4 components of
creating a data driven organization? • Aligning to the 9 Data Analytics
Standards of Excellence • Upcoming webinars in the series
STATE OF THE INDUSTRY
with Beth Harvey
RUN IMPROVE GROW
2019 BIG DATA AND AI EXECUTIVE SURVEY FINDINGS
• 72% of survey participants report that they have yet to forge a data culture
• 53% state that they are not yet treating data as a business asset
• 52% admit that they are not competing on data and analytics
JONATHAN POEDER
Director of Data Analytics
Clark Schaefer Hackett
• BIGGEST BENEFITS: Improve efficiency & productivity and create a competitive advantage
• PRIMARY BARRIER: Data privacy & security
• GREATEST GLOBAL IMPACT: Cloud Computing, Big Data, and AI/Machine Learning
• TOP PRIORITY: 64% of enterprise organizations plan to invest more in hiring data analytics talent
DATA ANALYTICS
UNDERSTANDING DATATHE 5 ‘V’S
VOLUME VELOCITY VARIETY VERACITY VALUE
BUSINESS INTELLIGENCE
ADVANCED ANALYTICS
ORGANIZATIONAL READINESS
4 COMPONENTS OF DATA DRIVEN ORGANIZATIONS
DATA
DATA ANALYTICS
STANDARDS OF
EXCELLENCE
STANDARDS 1 & 2
2. Data governance policy in place that documents guidelines for proper management of digital information.
1. Unified view of the data –disparate sources integrated into a single location.
STANDARDS 3 & 4
4. Business intelligence tools are implemented and support decisions at Run, Improve & Grow levels
3. Analytics are available in real time to support business decisions when needed.
STANDARDS 5 & 6
6. Organization effectively develops internal analytics capabilities, and engages 3rd
parties where appropriate.
5. Buy-in throughout the organization, with data and analytics driving decisions at all levels.
STANDARDS 7, 8 & 97. Customer value is being maximized through a richer understanding of behavior and how to meet needs.
8. Costs are minimized, eliminating waste without detriment to product quality or customer satisfaction.
9. Descriptive, predictive, and prescriptive analytics are the foundation for strategic planning and objectives development.
WHAT CAN I DO as a leader
to drive the organization to data driven excellence?
DATAANALYTICS
RESOURCES
Q&A
CREATING A DATA DRIVEN ORGANIZATION: THE SERIES
e-Commerce Mo Elghamri
Digital Growth Strategist Definity Partners
Thursday, August 15th 11AM
Strategic HRPeter Olmsted
Director of Executive SearchClark Schaefer Hackett
Thursday, October 3rd 11AM
CONTACT US
Elizabeth HarveyStrategic Talent Management Consultant
Clark Schaefer [email protected]
(513) 338-8277
Data Analytics Jonathan Poeder
Director of Data AnalyticsClark Schaefer Hackett
Wednesday, July 24th 2 PM
e-CommerceMo Elghamri
Digital Growth Strategist Definity Partners
Thursday, August 15th 11AM
Strategic HRPeter Olmsted
Director of Executive Talent Solutions
Clark Schaefer HackettThursday, October 3rd 11AM
Financial ExcellenceRay Attiyah
Chief Innovation OfficerClark Schaefer Hackett
Thursday, April 18th 11AM
CREATING A DATA DRIVEN ORGANIZATION: THE SERIES