Innovation Optimization Differentiation
"We drown in Data
but Starve for Knowledge"
Data Driven Culture is not about investing into expensive Databases and Tools.
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While most focus heavily in the "Data" part, they tend to ignore that
"Culture" is about people.
In order to build a Data Driven Culture, you need to invest first into the
Mindset and Analytical Skills within your Organization
and Specially to the Decision Makers.
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Furthermore, it is vital to Customize and Integrate Data
into the Daily Needs and Routines of the End Users.
Executive Training
Data Driven Culture is too important to leave this to the Analysts.
It is of no use investing into hiring Analysts if the Analytical skills of your Senior Management and Decision makers are falling short.
Analytical skills is not referring to the technical skills, but the capacity to develop a profound understanding of the mechanics running your Business.
Human Centered
Most companies fail to capitalize the full potential of their Data, not due to the lack of sufficient technical infrastructure, but because they fail to engage their personnel into utilizing Data in their day to day Activities.
It is key to design the Data flow in a way that it is provided timely and formed in a way matches the needs of each user, depending on their level and filed of responsibility.
Process Review
Data Driven Culture proceeds Data Generation.
Having a clear Blueprint of the Processes you have in place, the Digital Traces they generate and how these are stored is a strong prerequisite.
You need first to identify the Key Revenue Drivers of your Business and the critical Questions you need your Data to Answer and make sure that your Data is organized in a way that facilitates these needs.
Otherwise you will be left full of Data but no Insights.
