{"id":468,"date":"2025-03-15T08:00:00","date_gmt":"2025-03-15T08:00:00","guid":{"rendered":"https:\/\/datablog.roman-halliday.com\/?p=468"},"modified":"2025-03-17T10:11:31","modified_gmt":"2025-03-17T10:11:31","slug":"the-value-of-data-in-an-organisation","status":"publish","type":"post","link":"https:\/\/datablog.roman-halliday.com\/index.php\/2025\/03\/15\/the-value-of-data-in-an-organisation\/","title":{"rendered":"The Value of Data in an Organisation"},"content":{"rendered":"\n
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Ask not what your organisation can do for Data,<\/p>\n\n\n\n

ask what Data can do for your organisation!<\/p>\n<\/div><\/div>\n\n\n\n

As a data leader, I’m frequently revisiting these themes. Weather it’s reviewing a task, part of regular OKR planning, or building a bigger data strategy. Why are we doing this, and what’s the value to the organisation? It’s easy to get buried in the tasks, and forget the outcomes we want to achieve (and why). <\/p>\n\n\n\n

Where & What is the Value?<\/h2>\n\n\n\n

I always start with the philosophy that there are only three ways in which an organisation uses data (yes, those can be split but everything fits in one bucket or another).<\/p>\n\n\n\n

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  1. Understand Activity & Performance<\/li>\n\n\n\n
  2. Improve Financials<\/li>\n\n\n\n
  3. Legal, Compliance & Governance<\/li>\n<\/ol>\n\n\n\n

    In organisations where there has been a strategy, these are considered in unison. Most organisations historically have started with the first, quickly realised the second exists (and that they want to exploit it), and then the third has come as a surprise (sometimes with costly rework required).<\/p>\n\n\n\n

    Understand Activity & Performance: What\u2019s going on?<\/h3>\n\n\n\n

    Historically the first reason businesses want to start a data project\/team, is because their existing infrastructure can’t give them a holistic picture of what’s actually going on. The types of output and questions include:<\/p>\n\n\n\n