CDO Matters Ep. 45 | Becoming AI Ready
CDO Matters Podcast
Maximizing Data Value in Business
This chapter explores applying product management principles to data management, emphasizing the importance of leveraging data to create tangible value. It discusses valuing data assets, improving data quality for process optimization and increased profits, and running a data function similar to a profit and loss model to balance value delivery and cost management. The chapter emphasizes the mindset needed for a Chief Data Officer to drive value by being commercially minded, understanding business processes, and shaping the organization's approach to data and value delivery.
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