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A Guide For Business Leaders Lessons learned from thousands of customers An Information Builders Production Developing a Data Strategy:

Developing a Data Strategy -- A Guide For Business Leaders

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Page 1: Developing a Data Strategy -- A Guide For Business Leaders

A Guide For Business Leaders

Lessons learned from thousands of customers

An Information Builders Production

Developing a Data Strategy:

Page 2: Developing a Data Strategy -- A Guide For Business Leaders

Content Outline

What strategy is not vs. what it is

Example: Napoleon’s five principles

Strategic framework: people, process, and technology

Related to data strategy: organize, govern, and share

How to learn more

Photo Credit: Richard Nevellhttp://bit.ly/18Kja5P

Page 3: Developing a Data Strategy -- A Guide For Business Leaders

Strategy Is Not...

VisionGoalsPlanningTactics

Initializes: Increase budget in target markets by 30%.

Aligns: The best-tasting pizza, consistently, nationwide.

Measure: Increase sales in premium markets by 30%.

Respond: Buy locally for “local fresh” campaigns.

Page 4: Developing a Data Strategy -- A Guide For Business Leaders

Strategy Is...

Vision

Goals

Planning

Tactics

Principles to help achieve your

Direction to help choose your

Starting point for

Guide for selection of

A plan or policy

designed to achieve

a vision.

Strategy

Page 5: Developing a Data Strategy -- A Guide For Business Leaders

Example: Napoleon’s Five “Policies”

1. The primary objective is the destruction of the

enemy’s armies or the main army.

2. All forces must concentrate on the task of

attaining the objective.

3. Operations must be designed to surprise and

confuse the enemy.

4. Every effort must be made to render the enemy

helpless through the severance of his lines of

supply, communications, and retreat.

5. The security of French forces must be guarded to

prevent surprise.

5

Page 6: Developing a Data Strategy -- A Guide For Business Leaders

High-Level Principles, Not Heavy Detail

More like a marketing plan than documentation

Made for easy communication

Focuses everyone’s attention

Every action can be validated against principles

6

Page 7: Developing a Data Strategy -- A Guide For Business Leaders

What Strategy Depends On

Napoleon’s strategy depended, as yours will, on:

Process Mobilizing troopsDisrupting lines of supply, communication, retreatProtection of French forces

People Foot soldiers, cavalryLine officers to lead troops in tactical maneuversStaff officers to plan and communicate

Technology Heavy and light infantryCheap small armsHorse-drawn artillery

Page 8: Developing a Data Strategy -- A Guide For Business Leaders

Data: One of Your Most Valuable Assets

Asset: a resource with economic value that

an individual, corporation or country owns or controls

with the expectation that it will provide future benefit.

Gartner: Information is an under-managed, under-utilized asset

because it's not a balance-sheet asset.

Not all data is equal. Prioritize based on:

Criticality and value to the business

Legal obligations

Risk to the company

Page 9: Developing a Data Strategy -- A Guide For Business Leaders

Not Any Old Strategy: Data Strategy

9

Process

People

Technology

Govern

How do I

manage data

to ensure its

suitability for

its purpose?

Share

How do I

provide data

in ways that

systems or

people can

apply it to

business

problems?

Organize

How do I

structure

data to

ensure that

it meets

company

needs?

Page 10: Developing a Data Strategy -- A Guide For Business Leaders

To Learn more

Next step: Download the white paper at

bit.ly/ib-data-strategy

Page 11: Developing a Data Strategy -- A Guide For Business Leaders

Information Builders at a Glance

Focused

Software and Services

Information Asset Management

Business Intelligence & Analytics

Global

Thousands of customers

Millions of users

1,350 employees in 60 offices

Experienced

39 years of experience

All industries & government

Leading OEM software provider

Successful

98% success rate

Highest customer satisfaction

Long-term customer partnerships

Successful

Focused

Experienced

Global

Page 12: Developing a Data Strategy -- A Guide For Business Leaders

A Guide For Business Leaders

Lessons learned from thousands of customers

An Information Builders Production

Developing a Data Strategy: