A data driven organization is an enterprise that uses information to meet business objectives. It focuses on leveraging data to boost sales, improve operations, or a mixture of both.
The first step towards becoming a data-driven organization is to determine how best to use the data that the company has. This will allow the right strategy to be created to meet the business goals, and provide the resources necessary to make effective decision using data.
Next, the enterprise architectural design must be built in a way that read review supports the use of data by a wide range of applications and processes. This includes a reliable source of truth and eliminating data silos. It also involves making it easy for consumers to access information, consume it and act on it in order to drive value.
Creating Data-Driven Culture
The first step to creating a culture of data is to get your employees onboard with the new way. This requires educating everyone on the benefits of data and how it can improve their work.
For example a data driven culture will encourage members of the team to ask how they can solve problems quicker than with traditional methods. This will give non-analysts tools to take on responsibility for data analyses.
Leadership can play a significant role in fostering an data-driven culture. They can do this by ensuring that all people have access to the data they need and that it’s made available as soon, ideally instantly. This can help to reduce skepticism while building trust.