Do you remember those high school days when there was always this one cliché to which all the “kool” kids belonged? The “Kool Kids Klub” members held the best parties, got the best dates, got into the right colleges, got the right jobs, and married the right partners. And they accomplished all this cool stuff right in front of everyone, yet no one could figure out what made them so cool.
I recently participated in a regional workshop of government, education, business, and social leaders where we were trying to ascertain and assess 1) the certainty of national trends and 2) the impact of those trends on the region.
CDO Data-to-Business Innovation Dilemma: Deliver meaningful and relevant business outcomes in the short-term while simultaneously and continuously building and transforming the organization’s data and analytics assets and capabilities.
A recent HBR article, “Why Do Chief Data Officers Have Such Short Tenures?” by Thomas Davenport, Randy Bean, and Josh King, highlighted the Chief Data Officer’s (CDO) “Data-to-Business Innovation” challenge. The main charter for the CDO is to accelerate the Data-to-Business Innovation flywheel; to guide the business in becoming more effective at leveraging data and analytics to optimize its key business and operational use cases.
I received outstanding feedback from many folks in updating the Data Product Development canvas including Jon Cooke, Harsha Srivatsa, Craig (Doc) Savage, Melissa Perry, Raj… Read More »Data Subassemblies and Data Products Part 3 – Data Product Dev Canvas
A Business Discipline consists of systematic research, observation, measurement, and experimentation resulting in the assimilation of learnings into laws, theorems, concepts, principles, practices, frameworks, and formulas to enable the consistent application and ongoing enhancements from the real-world application of that discipline.
In Part 1 of the “Building Blocks for Modern Data Management”, I explored two important modern data management concepts: Data Subassemblies and Data Products (Figure… Read More »Data Subassemblies and Data Products Part 2: Economics and Journey Maps
I believe that there are two key modern data management “products” required to transition data management into a business discipline focused on helping organizations accelerate their data-driven business innovation. One of those “products” – Data Products – is already gaining wide acceptance as a way for organizations to monetize their customer, product, service, and operational insights or predicted behavioral and performance propensities.
I love this infographic recently floating around LinkedIn. Sorry, don’t know to whom to give credit, but it does provide an interesting depiction of how senior management thinks AI works and the realities of what’s required to make AI work.
In the blog “Why Data Management is Today’s Most Important Business Discipline”, I challenged the business and IT communities to reframe the data management conversation; to transform data management from an IT practice into a business discipline focused on leveraging data (and analytics) to deliver business and operational outcomes.