Welcome to Podchats for FutureCIO, a CXOCIETY production where we discuss, argue and debate technologies, practices and issues important to organisations in Asia-Pacific.
In our episode “C-suite strategies for monetising data” we look at the conundrum facing business leaders – how do we monetise the data we are amassing today?
Our guest expert for today has over a decade of experience in the areas of data analytics and machine learning. He has held senior management positions in data science, technology and operations. His work in the area of data refinery and analytics has won an award for a best industry solution. He is my go-to data guy.
- What do we need to know about data, data science, and analytics?
- What is a data strategy? Why do we need it?
- Who should lead a data strategy?
- What are the components that go into a data strategy?
- There is a Harvard Business Review article that said only 20% of the data science models that get built will actually get implemented. Why do data strategies fail?
- So how does an organisation craft a workable, business-centric data strategy that even my mother can understand?
- How do I monetise my data strategy? ROI.
- What do we need to remember when putting together our data strategy?
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