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5 surefire ways to derail a digital transformation (without knowing it)

CIO Business Intelligence

Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.

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The Role Of Data In Enterprise Digital Transformation Initiatives

Anmut

Enterprise digital transformation and data. Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? Your data isn’t fit for purpose. Your digital transformation initiatives fail. The result?

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CDOs’ biggest problem? Getting colleagues to understand their role

CIO Business Intelligence

That’s according to a recent report based on a survey of CDOs by AWS in conjunction with the Chief Data Officer and Information Quality (CDOIQ) Symposium. The CDO position first gained momentum around 2008, to ensure data quality and transparency to comply with regulations following the housing credit crisis of that era.

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Systems Thinking and Data Science: a partnership or a competition?

Jen Stirrup

However, organizations can be supported by a synergistic approach by integrating systems thinking with the data strategy and technical perspective. How can systems thinking and data science solve digital transformation problems? How is it possible to enable data-driven decisions in a systems thinking approach?

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Healthcare organizations must create a strong data foundation to fully benefit from generative AI

CIO Business Intelligence

Key elements of this foundation are data strategy, data governance, and data engineering. A healthcare payer or provider must establish a data strategy to define its vision, goals, and roadmap for the organization to manage its data. This is the overarching guidance that drives digital transformation.

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A data strategy checklist for the journey to the data-driven enterprise

BI-Survey

Managers see data as relevant in the context of digitalization, but often think of data-related problems as minor details that have little strategic importance. Thus, it is taken for granted that companies should have a data strategy. But what is the scope of an effective strategy and who is affected by it?

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Why data leaders struggle to produce strategic results

CIO Business Intelligence

They’re spending a lot of time on things like data quality, data management, things that might be tactical, helping with operational aspects of IT. The composer creates and sells the storyline of the value of data and analytics. To get there, though, Medeiros says CDAOs must prioritize strategy over tactics.