Turn data into insights with a modern data strategy.
We’ve all had the merits of an effective data strategy drilled into us over the last several years. But what does this actually look like? How do you effectively collect and prepare data to become the foundation for meaningful insights? How do you visualise these insights? And then, how do you distribute those insights to the right people across your company?
Now I appreciate that’s a lot of questions! But these are questions I’ve helped many clients answer as I’ve helped them develop effective data strategies. Together we can review your data, identify value in the data, map this value to stakeholders and select an appropriate technology stack to deliver data across your company.
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Key Components.
Many of the data strategies I develop have the following components:
Data Discovery
Identifying the data sources you have and what they contain.
Identifying Value
Which of this data is potentially valuable and to whom?
Insights
Insights that could be derived and how they could be presented.
Technology Stack
Defining the most appropriate technology stack to support the data.
Security
Ensuring only authenticated users have access to data they are authorised to view.
My Approach to Data Strategy Development.
Three key stages to an effective data strategy:
1. Data Discovery
It all starts with understanding the data you have. Which data sources are available to you? What format is the data in? How can we access it? And, most importantly what does the data represent? We’ll answer all of these questions as we build a data catalog. This allows us to identify the most valuable data for each stakeholder, and define how that data can be presented as meaningful insights.
2. The Technology Stack
During this phase I’ll work with you to define the most appropriate technology stack to support your data strategy. I’ll help you answer questions such as whether we should store data on-premise or in the cloud? Which data storage mechanisms should we use? How should we clean, prepare and secure data? And which data visualisation technologies should be deployed across your company?
3. Build and Launch
We have catalogued our data, identified the value we can bring to each stakeholder, and how we’ll deliver it. We have also defined our technology stack – now it’s time to deliver some tangible results! I can introduce you to my network of trusted data implementation partners, who can take your new data strategy and deliver it on-time and to-budget. I’ll be on hand to offer advice, support and guidance.
