DataFramed #66 The Path to Building Data Cultures
Jul 12, 2021
Sudaman Thoppan Mohanchandralal, Regional Chief Data and Analytics Officer at Allianz Benelux, shares valuable insights on building data cultures. He highlights the evolving role of the Chief Data Officer and how organizations can strategically manage data as a critical asset. Sudaman discusses practical steps for operationalizing data initiatives, emphasizing the importance of executive data literacy. He also explores the intersections of data literacy and collaboration, revealing how fostering a data-driven culture can unlock significant value for organizations.
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Allianz Benelux Data Achievements
- At Allianz Benelux, 30+ data products have been operationalized, generating substantial profit.
- This success demonstrates the value of data initiatives, even with underestimated attributions.
Data Culture's Importance
- Data culture is crucial for extracting value from data, as it drives data-driven decision-making.
- Without data culture, data initiatives won't generate value, regardless of their maturity level.
Parallel Data Initiative Approach
- Address data culture, solutions, enablers, and tools in parallel for successful data initiatives.
- This approach ensures sustainable investment and provides valuable feedback for pivoting or persevering.