
Introduction to the course and its goals.
Introduction to Dr Jon Durrant, an IT and Data professional with 25+ years of experience in strategy across Data and IT functions.
The course breaks down the strategy into components with a dedicated section on each. Assignments and quizzes are set to gain practice in the techniques. For any of the assignments, example answers are provided. Further reading suggestions are provided in each section.
Summary for the first section of lectures.
Formalising the business case
Business Acumen to analyse the business
Data state analysis
Define sponsor and audience concerns
Why do we need a business case for the strategy? What form could that business case take?
We are going to need to position our strategy in the context of the business and what is currently going on.
Data teams are often federated and so we need to be clear on what areas of the business are in scope.
Our strategy project proposals need to consider the state of the current Data Capability to identify key early opportunities for the strategy. What can we promise to guide on as part of the strategy delivery?
Define the sponsoring and the key audience for the data strategy and their concerns. These concerns are something we must address within the strategy to succeed.
The section summary.
Define what we mean by strategy
Define four key pillars for data strategy
Introduce the concept of data maturity assessment
Define strategy in business terms.
Introduces the structure of a data strategy that we will follow in the remainder of the course.
Data maturity can be a useful assessment for the data strategy. What is data maturity and how can this assessment be done?
The strategy needs to drive change and we do that through a plan.
Section summary.
What is Business Strategy
Where to Find Business Strategy
Key Areas to Drive Data Strategy
Capturing Business Strategy within Data Strategy
Defining the data strategy using Mintzberg's definitions. Identifying the key components of the business strategy.
The business strategy is not always obvious in the organisation. So where do we find this content?
We know what the business strategy is and have found all the parts we need. Now how will it drive data and what are the key pieces to pick on.
In this lecture, we are going to talk about how we will capture the business strategy. It is really a briefing for the assignment coming up when I am going to ask you to capture this information for your organisation or an organisation you know well.
Organisation structures are often not helpful for driving the Data Strategy. The structure aggregates functions in a way that hides areas of importance for data alignment. They also include duplication of functions which may make it hard to explain alignment. It is therefore useful to translate the business into a business capability model.
Section Summary
Catalogue of the Data Assets
Catalogue of the Data Analytics
Catalogue of the Data Science
Identify future opportunities
In this lecture, we define a data asset and identify data assets for a catalogue. The quality of data assets is analysed in order to identify concerns to be addressed in our strategic plan.
This lecture focuses on the data analytics or insights that drive the business. Cataloguing these and analysing them for concerns and opportunities to be addressed in the strategic plan.
This lecture defines what we mean but data science and how they fit alongside analytics. Cataloguing of the insights and analysis of the quality of these is undertaken.
Summary of this section.
Identify Data Platforms
Identify Data Engineering Approach
Identify Data Operations Approach
This lecture defines data platforms. Catalogue the data platforms in place now along with what is required for the data's future journey, at a strategic level.
The lecture focuses on the ability of the organisation to build and extend data platforms.
This lecture focuses on the ability of the organisation to operate the data platforms. Providing security, availability and recovery of these platforms.
Section summary.
Identify data ownership strategy
Identify data controls
Identify how data in curated
This lecture looks at the data ownership role and responsibility and the role of the steward that supports the owner.
This lecture considers the high-level controls that data governance enforces.
This lecture introduces the concept of data curation, to make the data approachable and usable to the business.
Section summary.
Organisation structure to support data strategy
Data culture
Data skills
This lecture looks at the operations for organising data professionals within the organisation.
The organisation's culture must embrace data to reach the level of a data-driven organisation. This lecture considers some of the steps needed to evolve the organisation's culture.
This lecture looks at skills for the general employees as well as the data professional roles.
Section summary.
Build the strategic plan
Define the presentation need for each stakeholder group
Presentation Structure
This lecture looks at how to convert the objectives into a strategic plan.
This lecture looks at how the sponsor and stakeholders' concerns are addressed by the strategy. Aligning the strategy to the business culture for its audience.
This lecture looks at a basic structure for the strategy presentation though this must be adapted to address the stakeholders' concerns.
Section summary
Congratulate ourselves on completing the course
Recap of the course
What next in the data journey
This lecture takes a brief recap of the course.
This lecture looks at four further areas of learning you may be interested in:
Principles
Performance reporting
Cloud
Infonomics
Thank you for taking the course and please leave a positive review to help others find the course.
Data is becoming a key differentiator in business and has been referred to as the new oil but what does that mean? With data, an organisation can more quickly refine its market offering to optimise the value of its business. Quickly adapting to changes in customer and market behaviour. Or even build out entirely new data-dependent value chains for the organisation, often called Infornomics.
In this course, we will learn to align the data strategy with the business strategy. To balance the pillars of a data strategy:
Data Analytics: Data Assets, Analytical Insights, and Data Science Insights
Data Services: Data Platforms, Engineering and Operations
Data Governance: Data Ownership, Data Controls, and Data Curation
People: Data Citizens, Data Professionals, Data Skills
You will learn to avoid the common pitfalls of a data strategy and acquire the skills to face the challenges of delivering a data strategy and getting it accepted by the organisation.
The course breaks down the data strategy into components parts and provides techniques for analysing the current data landscape. This analysis allows the identification of concerns which can be addressed through a strategic plan of change within the data strategy.
The course includes some quizzes to embed the terminology we will learn and some assignments to practice the techniques. Each assignment has a worksheet and example answer.
The final data strategy needs to be optimised for the organisation's situation and culture. The course can help you prepare to deliver a narrative for your organisation's data strategy.