Transforming organisations through an

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Presentation transcript:

Transforming organisations through an Enterprise Data Strategy Maritza Curry June 2018 @maritzacurry1

How to contact me Setting the scene REALITY CHECK @maritzacurry1

Your world is changing @maritzacurry1

We live in the Digital Economy “In today’s society, knowledge is the primary resource for individuals and for the economy” – Prof Adeline du Toit @maritzacurry1

The 21st Century Competitive Environment 93 Start-ups disrupting food retail @maritzacurry1

The 21st Century Competitive Environment 133 Start-ups transforming brick & mortar retail @maritzacurry1

The 21st Century Competitive Environment 82 Companies reinventing the practice of medicine @maritzacurry1

The State of the Data & Analytics Industry $17.1 billion Worldwide Business Intelligence revenue forecasted for 2016 For the past few years analytics and business intelligence have been the top CIO technology priority Failure rates for BI projects are in the 30-90% range 40% of business executives base their major decisions on judgment instead of on business analytics Global BI and analytics software market expected to increase from $17.9 billion (2014) to $26.78 billion (2019) Fewer than 30% of BI initiatives will succeed in aligning analytics with enterprise business drivers $4.1 billion The BI software and analytics software market in Middle East and Africa will grow at 8.3% in the next 5 years to reach $4.1 billion by 2020 @maritzacurry1

WHY is there this contradiction in the industry?

….BUT DATA & ANALYTICS can change your business…. your organisation has to change first

WHO is responsible for formulating a Data Strategy?

Data Strategy should be dictated by VIEW 1 Data Strategy should be dictated by IT / Business VIEW 2 Data Strategy is a TEAM SPORT >>>>>>>>>

Alignment, Alignment, Alignment Innovative thinkers BI/Analytics Community EA BUSINESS Traditional thinkers BI/DATA Non-BI/Analytics Community Infra- structure C-level executives 3rd Parties & Vendors IT IT Security & Governance @MaritzaCurry1 @maritzacurry1

Data Strategy is a process, not an event CURRENT REALITY Data Management, Governance & Analytics INTERVIEWS Opportunity Matrix (technical feasibility + business value = prioritisation) People Business & IT strategy alignment Process Governance Technology Measure, evaluate, rethink, realign Maturity Assessment Strategy formulation workshop Strategic Framework Conceptual design Implemen-tation Roadmap SHARED VISION SWOT AS IS & TO BE picture Capability Map Data Principles GSOT (Goals Strategies Objectives Tactics) Data Architecture People Structure Operating Model 3 Year Plan 365 Day Plan 100 Day Plan Data Strategy Scorecard WHAT do we need to do to get there? HOW do we get there and HOW do we know we have arrived? @maritzacurry1

WHAT is a Data Strategy?

DATA, PEOPLE, PROCESS & TECHNOLOGY VIEW 1 Data Strategy is about TECHNOLOGY VIEW 2 Data Strategy is about DATA, PEOPLE, PROCESS & TECHNOLOGY >>>>>>>>>

BI / Business Analytics / Data Trends Advanced analytics Data discovery & visualisation Cloud BI & analytics Data governance Embedded analytics Collaborative analytics Self-service BI Data complexity Artificial intelligence & machine learning Mobile BI @maritzacurry1

1 3 2 The 3 Pillars of a Data Strategy PEOPLE & PROCESS DATA & TECHNOLOGY Data Governance Strategy CONSISTENCY 3 TRUST 2 DATA STRATEGY Data Management Strategy Data Analytics Strategy ENABLEMENT DATA & TECHNOLOGY @maritzacurry1

WHAT should be included in the Data Strategy?

EVERYTHING RIGHT THINGS right right VIEW 1 VIEW 2 Data Strategy is about getting EVERYTHING right VIEW 2 Data Strategy is about getting the RIGHT THINGS right >>>>>>>>>

Data Strategy Framework ORGANISATIONAL ENABLERS OUTCOMES CORE DISCIPLINES SYSTEM/TECH ENABLERS Value Management & Measurement Organisational Strategy Business Growth Strategies Productivity Strategies People Strategies Risk & Compliance Strategies Data Governance Data Analytics Guiding Principles Program Objectives Data Management Organisational Values Decision-making Bodies Data Architecture Management Data Quality Management Data Modelling & Design Management Data Stewardship Roles & Tasks Data Lifecycle Management Data Storage & Operations Management Data Privacy & Security Management Data Integration & Interoperability Management Decision Rights Document & Content Management Reference & Master Data Management Metadata Management Processes Policies & Standards Solutions / Technology @maritzacurry1

Understand the Problem @maritzacurry1

WHO is responsible for executing the Data Strategy?

EVERYONE’S responsibility VIEW 1 Data Strategy is IT’s/Business’s responsibility VIEW 2 Data Strategy is EVERYONE’S responsibility >>>>>>>>>

Data Ownership & Stewardship @maritzacurry1

Data Stewardship story @maritzacurry1

HOW do you ensure the longevity of the Data Strategy?

CHANGE VIEW 1 VIEW 2 Data Strategy success is about how you manage Build it and they will use it VIEW 2 Data Strategy success is about how you manage CHANGE >>>>>>>>>

75% DATA & CORE ANALYTICAL TECHNOLOGY” – Information Age “Of BI success is determined by factors other than DATA & CORE ANALYTICAL TECHNOLOGY” – Information Age @maritzacurry1

Change Management T.Knoster Model CHANGE Vision Skills Incentives Resources Action Plan Confusion Anxiety Resistance Frustration False starts @maritzacurry1

Non-intrusive Data Governance & Management Practices @maritzacurry1

Non-intrusive Data Governance & Management Practices Embed Data practices in existing Business & IT processes New practices must deliver value to the organisation & individuals Formalise existing Data Governance & Data Management practices @maritzacurry1

01 01 02 02 03 03 Quantify the WHY DEFENSE OFFENSE FINES BUSINESS GAINS 02 02 OPPORTUNITY COST COMPLIANCE OPPORTUNITIES 03 03 COST – PRODUCTIVITY HOURS GAIN – PRODUCTIVITY HOURS @maritzacurry1

How to contact me FINAL THOUGHTS @maritzacurry1 @maritzacurry1 34

data, people, process & technology co-authored by IT & Business Manage CHANGE Data is everyone’s responsibility Do the right things right Data Strategy is about data, people, process & technology An overarching, clear strategic vision for data within the organisation – co-authored by IT & Business @maritzacurry1

How to contact me +27 083 460 5636 Maritza.Curry@pbtgroup.co.za za.linkedin.com/in/maritzacurry/ @MaritzaCurry1 @maritzacurry1