Data-Driven Leadership: Strategic Impact Of Data

Creating Awareness for the vast growing Strategic Impact of Data in Traditional and Digital Business.

What you'll learn

Getting familiar with all definitions and components of data-related topics

Understanding of the contribution of data to business success

Understanding the challenges of a vast and daily growing amount of data to be handled

Senior Management will understand where they fall short in terms of opportunity cost and the benefits derived therein

This course will help senior managers validate the starting position for a data journey

Requirements

No prior knowledge of data or data management is required

Description

This module offers a comprehensive exploration of data's pivotal role in both traditional and digital businesses. It begins by examining the significance of data in business operations, focusing on how organizations can build trust and confidence in data to make informed decisions. Participants will explore the transformative concept of data-driven business, emphasizing data as a strategic asset.The course will delve into the data ecosystem, fostering an understanding of data culture and data citizenship, and how these shape modern society. Learners will also gain insight into data's role in enterprise architecture, discovering how it integrates into business solutions for increased efficiency and innovation.A key focus is placed on the data management process framework and how organizations can structure themselves to maximize data's business benefits. Participants will assess opportunity costs, evaluate common mistakes, and conduct a self-assessment to gauge their organization's data maturity.Finally, the course offers a retrospective look at the evolution of data and the data journey, from early data collection practices to the modern era of big data and advanced analytics. The module equips learners with the skills to navigate the complexities of data management while leveraging data as a valuable business asset.Table of content:Data in Traditional and Digital BusinessTrust and Confidence in DataData-driven BusinessData as an AssetData Eco-System, Data Culture, Data Society and Data CitizenshipData as Part of the Enterprise Solution ArchitectureData Management Process FrameworkData Management OrganizationBusiness BenefitsOpportunity CostsCommon MistakesEvolution of Data ManagementSelf-AssessmentData JourneyData StrategyThe eLearning course on the strategic impact of data in business targets four main groups: Senior Managers and Board Members seeking to understand the role of data in traditional and digital business models. Business Development Managers and Influencers of Senior Management who need to explain the strategic value of data and initiate data-driven projects aligned with business goals. Data Management Professionals aiming to elevate data management maturity and demonstrate its strategic impact. Lastly, Students and Data Enthusiasts are included to gain insight into how data drives business development and innovation in both traditional and digital contexts.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Data in Traditional and Digital Business

Lecture 2 Data in Tradtional and Digital Business

Lecture 3 Trust and Confidence

Lecture 4 Data-Driven Business

Lecture 5 Data as an Asset

Lecture 6 Data Eco-System, Data Culture, Data Society and Data Citizenship

Lecture 7 Data as Part of an Enterprise Solution Architecture

Lecture 8 Data Management Process Framework

Lecture 9 Data Management Organization

Section 3: Business Benefits, Opportunity Costs and Common Mistakes

Lecture 10 Business Benefits

Lecture 11 Opportunity Costs

Lecture 12 Common Mistakes

Section 4: Self Assessment and Conclusion

Lecture 13 Evolution of Data Management, Self Assessment and Data Journey

Lecture 14 Conclusion and Data Strategy

Section 5: Outroduction

Lecture 15 Outroduction

Senior Managers and Board Members who want to get a better understanding of the strategic impact of data in traditional and digital business models,Business Development Managers and Influencers of Senior Management who need to explain the strategic impact of data and who intend to launch Data Initiatives required to meet Business Objectives,Data Management Professionals who need to explain the strategic impact of data and who intend to launch Data Initiatives required to get Data Management on required Maturity Level,Students and Data Enthusiasts, who intend to understand the Strategic Impact of Data in Business Development and Traditional and Digital Business Models