19 - Managing Data Initiatives
Why Data Driven Strategy is managed by the CEO but outside of corporate HQ
Data Driven Strategy is not a project. It is not a practice that is implemented in one powerful ‘Big Bang’. On the contrary, the execution of Data Driven Strategy much more resembles a technology startup than an established, well-funded corporation. Data Driven Strategy, on most occasions, starts with small groups developing innovative products with seemingly feeble business models. It is about small steps, incremental innovation and incubation of initiatives outside the core company.
Data Driven Strategy Is a Risk
In most companies, data is a serious subject of discussion; Big Data, analytics, and visualization are hot topics. Every manager ...