
Data Strategy: Its Vital Role in Successful Digital Transformation Projects
Many things have to “go right” in order for digital transformation projects to succeed. A frequent, yet avoidable reason for failure is the lack of a prudent, well-conceived Data Strategy. In this webcast we discuss success factors related to a prudent, proactive and intelligent data strategy – as well as what is necessary for increasing your odds of a sustainable digital transformation project.
Format
Webcast
NASBA Field of Study
Management Services
Level
Intermediate
CPE Credits
2
Instructor
Bob Green, Dave Stark
Availability
3 months
Product Number
WC2812515
How a data strategy can lead to the sustained success of your digital transformation
Many things have to “go right” in order for digital transformation projects to succeed. These projects (e.g. ERP and CRM implementations) often delay, disappoint, or fail entirely. A frequent, yet avoidable reason for failure is the lack of a prudent, well-conceived data strategy.
A project-specific data strategy is developed once a business understands the information it owns, processes, controls, and needs – both in the present and future state.
A proper system implementation plan should incorporate elements of the data strategy – including the more challenging, time-consuming tasks of data cleansing, relevance assessments, migration cut-over planning and the like.
Planning ahead and considering your data strategy earlier rather than later in digital transformations, can increase your chances of success, as well as providing more sustained value.
In this session we discuss the success factors related to a prudent, proactive and intelligent data strategy – as well as what is necessary for increasing your odds of a sustainable digital transformation project.
- Project managers
- Data scientists
- IT professionals
- Management accountants
- Data quality concepts
- Data strategies for sustainable digital transformation projects
- Characteristics of successful digital transformation projects
- Determine some best practices around project-specific data quality and migration activities
- Analyze the impact of a data strategy on project-specific and organization-wide data quality – including how it impacts data migration, cleansing and relevance
- Analyze the considerations that formulate a data strategy
- Identify the value of incorporating a data strategy into the overall plan for a digital transformation project
- Analyze what a data strategy is, as it relates to a digital transformation project
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