A data driven organization is an enterprise that uses information to meet business objectives. It uses data either to improve operations or boost sales.
The first step in becoming a data driven enterprise is determining the appropriate use for the company’s data. This will ensure the right strategy for meeting business goals is created and that internal resources are available to make data-driven decisions.
Next, the enterprise architecture must be built to support the use of data for a wide variety of applications and processes. This includes providing an accurate single source of fact, eliminating data sylos, and making information easy to access, consume, and act upon by consumers.
Creating a Data-Driven Culture
In order to create a data driven culture, it’s important that employees adopt the new approach. This means that everyone must be educated about the value of data and its potential to improve their work.
For example a data driven culture will encourage members of the team to ask how they can solve problems quicker than with traditional methods. This will give non-analysts tools to take on responsibility for data analyses.
Leadership can play an essential role in fostering a culture of data-driven decision making by ensuring the data is available to everyone as soon as possible – ideally, instantly. This can reduce skepticism and build trust.
Becoming a Data Driven Enterprise
http://www.codaten.de/2020/05/22/analytics-fur-datenorientierte-unternehmen
A data driven organization is an enterprise that uses information to meet business objectives. It uses data either to improve operations or boost sales.
The first step in becoming a data driven enterprise is determining the appropriate use for the company’s data. This will ensure the right strategy for meeting business goals is created and that internal resources are available to make data-driven decisions.
Next, the enterprise architecture must be built to support the use of data for a wide variety of applications and processes. This includes providing an accurate single source of fact, eliminating data sylos, and making information easy to access, consume, and act upon by consumers.
Creating a Data-Driven Culture
In order to create a data driven culture, it’s important that employees adopt the new approach. This means that everyone must be educated about the value of data and its potential to improve their work.
For example a data driven culture will encourage members of the team to ask how they can solve problems quicker than with traditional methods. This will give non-analysts tools to take on responsibility for data analyses.
Leadership can play an essential role in fostering a culture of data-driven decision making by ensuring the data is available to everyone as soon as possible – ideally, instantly. This can reduce skepticism and build trust.