How much value does data add to your organisation? How do you evaluate your organisation’s data maturity?
Stage 1: Short term profit
In this stage data is considered on a short term, for-profit basis. Ownership is assigned for some data elements in individual business units but much of the organisation’s data is not formally owned.
Little/no data or information about data is shared across the business. Data quality is generally poor, and where data standards or quality have been addressed it has been at a local level, usually for single business unit specific projects.
Analytics projects are done, but it often takes so long to get the data that the organisation is unable to scale individual business unit projects into broader/enterprise-wide initiatives. This leaves the organisation vulnerable to faster moving competitors.
Stage 2: Risk
A bit of context before the next stages
Stage 3: Information managed
Stage 4: Informed decision making
Stage 5: Trust and transparency
Where does your organisation rank on the data maturity ladder?
We help organisations climb the data maturity ladder and become data leaders. If you want to find out more about the data maturity ladder and what you can do to take your organisation to the next level, contact us and we’ll get in touch.