Realise the potential of data for your business - IT-Online

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Realise the potential of data for your business ~ DataAnalytics

It has become an accepted fact that data is the single most important resource organisations have, with the potential to transform companies, unleash organic growth, and even improve the human condition.

The Leader’s Data Manifesto, introduced at Experience Data World in 2017, initiated by some of the most respected data professionals across the globe summarised the status quo, still relevant today, best: “We are creating and collecting more data than ever before, but we still don’t know how to use it.

These respected Data Leaders urge all of us, through our various roles and points of influence to engage in dialogue and education on the overall improvement of management to enable better use of data. * Get leadership buy-in – Often, the initial benefits of data projects are not visible and can be hard to quantify – making it difficult for budgets to be prioritised. Or project budgets are cut to free up capital. To prevent these roadblocks, leaders have to buy into data goals upfront and be ready to invest for the long haul. It is equally importance to continuously show and communicate value to sustain executive belief and support.

 

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