Education and building a team culture are critical facets of any successful business initiative – and building a data strategy is no exception.
Providing the right tools and training enables a new way of thinking, which in turn leads to a more successful data strategy execution. Here’s why.
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It’s a quote from Peter Drucker, one of the most influential thinkers in management, and what it boils down to is this: no matter what business strategy you try to implement with your team, its success and efficacy are going to be informed by organizational culture.
If the people driving the strategy aren't passionate about culture building or the business, the plan is doomed from the outset. This is because any new initiative – data strategy included – is made or broken by people in the organization. Without the right foundation, teams will lack the knowledge and/or motivation to see a strategy come to life and develop a well-oiled operational machine.
For data-informed or data-driven initiatives to be successful, proper change management practices and plans should be put in place before the strategy is rolled out to the team. This means:
With these points in mind, change management and cultural shifts should be just as much a part of your plan as the data-informed or data-driven strategy itself. Arming your staff with the right incentives, tools, support, and knowledge gives you the best chance of implementing a successful long-term strategy with data and sound decision-making at the heart of your business.
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