Description:

A data-driven organization is imperative for the future. The smartphone and the ubiquitous computing have produced an exponential data explosion. From fueling the recent success of “artificial intelligence” (AI) and the rise of “digital transformation” to its accelerated growth due to Covid-19 to new approaches to its “monetization” to how it makes businesses and consumers both anxious and animated, data dominates our deeds, debates, and dreams. If the last decade was about “software eating the world, this decade is about “data eating the world”. Organizations are now faced with the huge challenge of managing, harnessing, and leveraging all of this data. We are still at the very beginning of the data revolution, and of understanding its second, third, and fourth-order effects. Organizations that are successfully transforming their business, technology, and operations strategy to align with their data strategy are the ones that will have a sustainable competitive advantage.

Key Takeaways:

• A mental-model for managing, harnessing, and leveraging data within an organization

• Strategies for improving data culture and democratization within an organization

• Key blockers and challenges on the journey to becoming a data-driven organization