Becoming a Data Driven Organisation
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The document outlines eight essential steps for companies to become data-driven, emphasizing the importance of a transparent culture, leadership buy-in, and measurable goals. It highlights the need for appropriate IT support, technology adoption, and integrating data into daily operations while encouraging widespread employee use of data. The process requires time and commitment, but modern BI innovations facilitate easier access to data insights.
Becoming a Data Driven Organisation
- 1. 8 Steps to become a DATA DRIVEN COMPANY
- 2. 1. CREATE A CULTURE OF TRANSPARENCY Spread the data across the organisation Improve information sharing between employees and eradicate information silos by having all data available to the whole organisation. 1
- 3. 2. CREATE A BUY-IN FROM THE TOP Encourage Top-Down Leadership For this to be successful, Executives have to be on board and embrace this strategy. Their influence, example and leadership will help increasing the commitment among the employees. 2
- 4. 3. SET MEASURABLE GOALS Prepare for what is about to come The way your company works and its managing processes is about to change. It will be easy to loose sight from the final goal. Start by drawing a concise BI and analytical plan with conceivable objectives before implementing the strategy. 3
- 5. 4. GET THE NECESSARY IT SUPPORT Make what seems complex, simple Show the benefits of using a BI tool to the employees, and provide constant support in order to guarantee the tool’s usage and its efficiency. Plus, make sure the tool is correctly functioning and available to all departments and individuals. 4
- 6. 5. ADOPT THE RIGHT TECHNOLOGY The BI Tool is the core of the whole process There are numerous BI Tools in the market and choosing the right one is an important step to boost adoption. Keep in mind the IT skills and the needs of end users and understand the efforts that this new tool will demand from your team. 5
- 7. 6. INTEGRATE DATA IN THE DAILY OPERATIONS Place data at the heart of business When starting to benefit from data and its analysis by making or questioning business decisions based on analytics, perfomance and reliability might increase across departments. 6
- 8. 7. ENCOURAGE THE USE OF DATA BY EVERYONE Data is a mean of powering growth Shared data should be used by as many employees as possible. The company should train, motivate and ackowledge employees so they can become more data literate. 7
- 9. 8. COMMITMENT For something to be done correctly there must be willpower. Make data-collection a primary activity across departmetns and be sure the BI Strategy is overseen to guarantee the intended outcome. 8
- 10. Want to see Wizdee in action? Visit wizdee.com and watch a demo! 9 Causing a cultural switch inside a company is not a simple or quick process. Becoming a Data-Driven Enterprise takes time and a companywide commitment to make sure the overall strategy is being implemented. The good news is that today’s BI innovations allow people to simply speak or type queries and get instant visual answers on any device. See for yourself!