From gut feeling to substantiated
In a world where data is growing exponentially, there is a huge opportunity for your organization to make better decisions and gain competitive advantage. But how do you deploy data effectively?
DDBM's Data Impact Model provides you with a practical roadmap to data-driven success.
The Data Impact Model
Your roadmap to data-driven success
To get maximum value from data, you need to develop four crucial domains:
These domains include the following:
Develop data skills and mindset
Man
What does this mean?
- Strengthen data literacy within your teams
- Create a culture where data-driven decision-making is the norm
- Train and coach employees on data skills
Why is this important?
People are ultimately the ones who turn data into valuable insights. Giving them the right data mindset and skills will ensure that data has a real impact on your organization's decisions and performance.Optimize data workflows and governance
Process
What does this mean?
- Establishing standardized, efficient data processes
- Ensuring data quality, integrity and security
- Create a self-service data environment
Why is this important?
Without effective data processes, it becomes difficult to make data reliable, usable and accessible to your teams. Good data governance ensures that you can actually trust and deploy data.Develop a clear data strategy
Leadership
What does this mean?
- Formulating a clear vision and objectives for data
- Creating commitment and support at all organizational levels
- Driving data initiatives and innovation
Why is this important?
Data does not automatically transform into value. Strategic leadership is needed to embrace data, prioritize initiatives and motivate teams. Only then can data really make an impact.Build a future-proof data infrastructure
Tools
What does this mean?
- Selecting the right data tools and technologies
- Integrating data systems into a coherent environment
- Leveraging emerging technologies such as AI and machine learning
Why is this important?
Without the right technology foundations, you can't use data effectively. A robust, scalable data infrastructure is the foundation for generating valuable insights and operating as a truly data-driven organization.Want to set your organization up for data-driven success?
Contact us for a Data Impact Scan. This will help you find out where you stand and how to invest in these four areas.