The Human Touch: Why People are Crucial in the Data Lifecycle

It's easy to overlook the vital role that humans play in managing and deriving value from data. While technology is undoubtedly crucial, the human element remains irreplaceable throughout the data lifecycle. Let's explore why people, particularly data owners and stakeholders, are essential in turning raw information into strategic assets. The Data Lifecycle: More Than Just Algorithms The data lifecycle isn't a purely mechanical process. At every stage, human insight, decision-making, and ethics are crucial: 1. Data Creation and Acquisition: Humans decide what data to collect and how to obtain it ethically. 2. Data Storage: People determine the most appropriate and secure storage methods. 3. Data Usage: Human creativity drives the innovative ways data is analysed and applied. 4. Data [...]

Escaping Data Deluge and Enabling a Successful Data-powered Corporation

According to Forbes, "Since the day Bezos founded Amazon in 1994, it has essentially been a data-driven company that just happened to do retailing. Over that quarter-century span, Bezos built perhaps the most sophisticated and successful data-powered corporation the world has ever seen." Data inspires ideas, reveals problems, creates revenue opportunities and shapes every facet of the organisation, whether you believe it is "an asset", "the new oil", "the new currency of business" or none of the above. Research by TRUE Global Intelligence* has revealed that 55% of an organisation's data is unquantified or untapped. The 1,300 business leaders surveyed recognize that data is key to success, now and into the future, yet very few say their organisations can successfully [...]

2024-09-18T06:21:45+02:0028 March 2024|Data Agility, Strategy Alignment|

Maximising Information Technology Enablement

As technology continues advancing relentlessly, it is more important than ever to review the essential role of technology in business success and set goals and frameworks for effective digital transformation. There may have been a time when technology was somewhat mysterious and the domain of the "IT guys", but that time has long passed and in today's fast-paced environment everyone from the CEO down needs to be on board with the digital age. According to McKinsey*, based on their extensive work with CEOs and top executives at large companies, three concepts define today’s most effective IT functions: A new role that calls for collaboration with the business on strategy and operations; an updated resource model offering the talent, methods, and [...]

2024-09-18T06:22:27+02:0029 January 2024|Data Agility|
Go to Top