In episode 9, I talked about three ways to define what data capabilities your business needs. But it's also important to know how much of each data capability your business needs.
The key question is, "How strong do my data capabilities need to be?"
Many businesses simply guess at that. Others don't even do that! Meaning they blindly invest more and more in their journey to becoming data-driven, without really knowing what the destination is or if they're on the right track.
That's the opposite of data-driven, which we call data-busy! In this episode I tell you how to avoid guesswork when implementing your data strategy, and instead take a data-driven approach to becoming data-driven - by analysing your data capability maturity so that you have a clear understanding of not just what your business needs to have and do, but also how much it needs to do it and how much of a capability gap needs to be closed.
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Ep7 - Being data-driven starts with this one crucial step: https://youtu.be/dctrZcP1EF0
Ep8 - How to set meaningful data goals: https://youtu.be/7-Abla6QUOg
Ep9 - How to define data capabilities: https://youtu.be/OoQeZnpTymE
Learn more about how to create the data capability maturity assessment featured in this episode: https://trulyintelligent.business/data-capability-maturity-assessment/
Access the complete in-depth guide on how to create and implement an effective data strategy (one that makes you data-driven, not data-busy) at https://datastrategy.how
Unlock the entire Data Strategy Management Toolkit by visiting https://datastrategytoolkit.com
If you're creating a data strategy or building data capabilities, then you'll want to take a look at the 4dDX Data Strategy Framework! At https://4dDX.app
https://trulyintelligent.business/how-to-build-a-data-strategy-data-driven/