Transform Your Business: Build and Maintain a Data-Driven Culture
It’s hard for any organization to sustain success indefinitely. To stay relevant, organizations must periodically reinvent themselves. The introduction of cloud computing set off a generation of reinvention. Now the next wave of reinvention is clearly being driven by data. Leaders need to be able to rely on solid, meaningful data to make decisions now and prepare for what’s ahead.
Doing that requires building a data-driven organization. Essentially, such organizations treat data like an organizational asset, no longer the property of individual departments. They set up systems to col- lect, store, organize, and process valuable data and make it available in secure ways to the people and applications that need it. Then — and here’s the key — they use that data to inform those all-import- ant business decisions.