Data Strategy: Path to Monetization

PREMISE

The world of data has leaped forward in the last few years. Real-time streaming data has become more accessible and future-forwarded businesses are taking the helm to turn their data into gold.

STRATEGY

Strategy driven by data maturity principles and product management methodology

• Core Principles

• Essential Methods

• Data Maturity Assessment

Core principles

• Everything starts with business value and business driven use cases.

• Data Governance is the foundation and ongoing practice.

• Strategy execution driven By Data Maturity Principles & Product Management methodologies.

Essential methods

• Vision with a north star, annual shared goals, and team autonomy to solve problems.

• Data governance and data products because SLDC drives quality.

• Action with best practices and evolving KPIs. Including picking the right product and engineering organization and creating a transparent and accountable organization.

Annual data maturity assessment

• Where are you? Where do you need to go? Where do you want to go?

• Frameworks and assessments for facets like data governance, data management, quality, privacy, security, policy, architecture, and literacy.

How to get there

• Phase 1: Democratize the data

• Phase 2: Empower & modernize the workplace

• Phase 3: Impact Flywheel