The Chief Data Officer Management Handbook: Set Up and Run an Organization’s Data Supply Chain

© Martin Treder 2020

M. TrederThe Chief Data Officer Management Handbookhttps://doi.org/10.1007/978-1-4842-6115-6_4

4. Data Vision, Mission, and Strategy

Martin Treder¹ 

(1)

Königswinter, Nordrhein-Westfalen, Germany

 

Figure 4-1

Ignoring data is a strategy as well

Data strategy – seriously?

Strategy vs. execution

Successful business leaders often stress the need to execute. Ken Allen once said: “Most strategies are like New Year’s resolutions, full of really good intent but no desire or capability to execute” (Allen, 2019).

In other words, it is essential to focus on execution. However, running fast is not sufficient. You need to know where you are heading. ...