Published: 04 January 2018
ID: G00351348
Analyst(s): CIO Research Team
New digital business opportunities involve many new sources of and uses for data across the organization. Stakeholders using this data too often focus on the data itself—the supply—and not on the opportunities driving its collection. Traditional approaches to information management emphasize changes in data volume, the underlying infrastructure that supports it, and management roles. But this approach overlooks what’s really changing in digital business.
I. Foster, Don’t Fight, Business-Led Analytics
Principle 1: Nurture Distributed Analytics Teams
What Does It Mean?
Why Are Organizations Doing This?
Lessons from Practitioners
Take Action
Principle 2: Prioritize Collaborative Workflows Over Data Ownership
What Does It Mean?
Why Are Organizations Doing This?
Lessons from Practitioners
Take Action
Principle 3: Bolster Analytical Acumen
What Does It Mean?
Why Are Organizations Doing This?
Lessons from Practitioners
Take Action
II. Lead with Business Opportunities
Principle 4: Prioritize Data According to Business Criteria
What Does It Mean?
Why Are Organizations Doing This?
Lessons from Practitioners
Take Action
Principle 5: Multisource the Analysis but Own the Key Questions
What Does It Mean?
Why Are Organizations Doing This?
Lessons from Practitioners
Take Action
Principle 6: Aim for Adequate, Not Perfect, Data
III. Design for Data’s New Consumers
Principle 7: Track and Reduce Barriers to Data Access
Principle 8: Develop Governance Iteratively
Principle 9: Enable Pragmatic Flexibility of Tools
Conclusion
Recommended by the Authors
About This Research
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