Let’s Talk about Data Strategy

Gartner, SAP, and Cascade all provide their thoughts on what a data strategy is.

They all seem to agree that a data strategy:
– is a comprehensive plan for the acquisition, organization, analysis, and delivery of data
– is highly dynamic plan
– exists to support core business objectives and drive business decision-making

7 Elements of a data strategy according to Analytics8 | Data & Analytics Consultancy.
1. Alignment with business strategy
2. Maturity level of data and analytics capabilities
3. Data Architecture and Technology
4. Data analytics people
5. Data Governance
6. Road map
7. Culture change and adoption management

I like no. 7 as it refers to Peter Drucker’s “Culture-eats-strategy-for -breakfast” quote.

The graphic below is credited to SAP and is clearly what your data strategy should NOT be.