Tag "data strategy"

The Changing Role of Data & the Chief Data Officer

Since the COVID-19 pandemic hit, we’ve seen organizations around the globe accelerate their digital transformations. Companies are engaging with their customers in a different way in the new digital world, building new operating models to bring new products and services to market, and even thinking of new business models to execute their new ideas. All... more

Change Management: A Critical Component for Sustainable Enterprise Data Strategy

Nobody ever said data strategy is easy. Data strategy itself encompasses data governance, data management, and internal alignment with enterprise business goals. That doesn’t mean that there haven’t been many efforts to summarize ‘the top five steps to a data strategy’ or ‘data strategy made easy’. Even the latest AI-assisted software tools, although they help tremendously in terms of centralizing definitions, visualizing data lineage, and standardizing processes, don’t help with the ‘soft’ pieces... more

Chief Data Officers (CDOs): The New Business Leaders

IDC’s State of the Chief Data Officer (CDO) survey commissioned by Informatica found that CDOs are the new business leaders. (Traditionally, CDOs are senior executives who are responsible for data governance and management.) In the survey, nearly 60 percent of CDOs report to a business leader, and the most common organizational hierarchy structure is reporting into the... more

CDO Leadership Skills That Matter

In this era of data-driven business initiatives, many chief data officers (CDO) are focused on driving new revenue opportunities, increasing efficiencies, and reducing costs as much as minimizing risk and ensuring compliance. Data governance and data management strategies often center on delivering greater value to the business. But even the best-designed strategy may fail if... more

The Rise of Chief Data Officers in the Federal Government

With the US Office of Management and Budget’s (OMB) recent release of the Federal Data Strategy 2020 Year One Action Plan, there is now unprecedented opportunity in the coming decade to fundamentally change—for the better—the Federal Government’s approach to leveraging data as a strategic asset. The Action Plan, coupled with the 2019 OPEN Government Data... more

Avoiding the Toothless Tiger Syndrome with the Federal Data Strategy

While engaging with multiple US Government agencies at our recent Informatica World Tour in Washington, DC, two things were made abundantly clear; data leaders have come a long way in beginning to leverage data as a strategic asset, but many also have a long way to go and face several strategic barriers which I’ll discuss.... more

Building Your Federal Data Strategy

So, it’s here! The US Office of Management and Budget published the Federal Data Strategy on June 4, 2019 and simultaneously issued a draft implementation plan for public comment and feedback. That followed the January 14, 2019 OPEN Government Data Act, enacted as part of the Foundations for Evidence-Based Policy Making law. Arguably, key portions of the... more

Secrets of an Intelligent Master Data Management Strategy

If you are defining or re-thinking your Master Data Management (MDM) strategy, you have probably wondered how you can make your MDM journey successful for you, your team and your organization. Wouldn’t it be great to learn from people and organizations who have successfully gone through this before? Tom Gottweis, MDM – expert and Head... more