The data driven enterprise is an organizational transformation that involves culture, organization and technology to meet business goals. It requires a holistic approach that includes the appropriate tools for effective and seamless analytics and visualization of relevant information tailored to the specific requirements of business stakeholder.
Understanding and articulating your company’s goals and priorities is the first step. This will allow you to identify the areas and data sources which require attention for your data-driven transform. This will also help you discover gaps and prioritize your data-driven initiatives to ensure maximum impact.
It is essential to establish a clear line of communication with all stakeholders and to have a sense of ownership. This is the foundation of an efficient data-driven enterprise. It helps to ensure the buy-in needed for implementing technological, organizational, and cultural solutions to transform into an information-driven organization.
This can be accomplished by involving the company and letting them decide at the beginning the way their data is used. This builds trust and shows the company is concerned about what happens to their data. Employees also feel valued and supported. Ardoq lets you easily organize and collect data for visualizations and insights. This allows you to develop a customized information system that is required by management and business teams.
Another important aspect is to develop a balanced data strategy that integrates central technology, leadership, and governance with decentralized control of data and the freedom to select different technological building blocks. This will allow the organization to reap short-term rewards and long-term gains. Additionally, it will ensure that the business has the agility to respond swiftly and efficiently in crucial situations such as a recession, merger or cybersecurity breach.