In Episode 45 of Season 3, of Driven by Data: The Podcast, Kyle Winterbottom is rejoined by, Samir Sharma, CEO & Founder of Datazuum, where they discuss how to really understand business objectives and align a data strategy that you can operationalise, which includes;
- Defining, creating and operationalizing your data strategy
- The ‘Data Strategy Canvass’ and the purpose of existence
- The catalyst for creating it
- Why business teams and data teams are talking different languages
- The reasons why data strategies don’t often align with business strategies
- Why asking the right questions is the critical component
- How recent research has shown that only 6% of data strategies made any reference to business value generation
- The 3 questions to answer about every use case
- The difference between benefits and outcomes
- Why many organisations don’t have clearly defined business strategies
- How you can understand what the business objectives really are
- Why you don’t need to be at the decision-making table to aligning data strategy to business strategy
- The 3 buckets that all value levers are tied to in the eyes of “the business”
- Why too many focus on data use cases and not business use cases
- The value discrepancy between business leaders and data teams
- Why most organisations don’t assess Data Leaders for the skills they actually need
- Why reporting lines don’t matter
- The 7 steps to align a data strategy to business objectives
Link to Data Strategy Canvass: : https://www.linkedin.com/posts/samirsharma1_data-valuecreation-business-activity-7101161956320907266-GlNT?utm_source=share&utm_medium=member_desktop
