Tag: Data-Driven Culture

Unlocking innovation demands aligning talent strategy with organizational aspirations; an oil company’s overlooked compensation model discouraged risk-taking, undermining its transformation goals until leadership revised employee stock rewards.

Data powers groundbreaking generative AI; curate diverse, high-quality datasets to cultivate innovation, while mitigating risks and biases.

For more than a decade, organizations have embraced data lakes to overcome the technical limitations of data warehouses and evolve into more data-centric entities. While many organizations have used data lakes to explore new data use cases and improve their data-driven approaches, others have found the promised benefits hard to achieve. As a result, the […]

Happy holidays to everyone! During this time, I like to look back on the year in AWS Enterprise Strategy Blog posts to see what themes have emerged. This blog addresses the concerns and challenges voiced by executives during the Enterprise Strategy team’s approximately 1,500 annual meetings with AWS customers. Reflecting on these important topics reveals […]

One year ago we published our first research report on the role of Chief Data Officers (CDOs). The renowned Tom Davenport, in partnership with MIT Chief Data Officer and Information Quality Symposium (CDOIQ), was commissioned to conduct a global study of CDOs across industries, tenures, and stages of the data journey. At the time I […]

According to the worldwide bestseller Thinking, Fast and Slow by Nobel Prize winner Daniel Kahneman, people make decisions either intuitively or logically. Intuition leads to fast decisions; rational thinking leads to slow decisions. In organizations, it’s the other way around. Intuition leads to long decision-making processes; data- and fact-driven decisions lead to shorter processes. In […]

Organizations need a powerful infrastructure to realize the full value of their data. The purpose of this infrastructure is to organize data, ensure its quality, manage metadata and create a central catalog where the organization’s data can be queried. This infrastructure, called the data foundation, enables organizations to have clean, organized, and easily accessible data […]

We’ve all been busily transforming for the last few years. Now there’s this big AI thing. How does it relate to the rest of our transformation? Should we be changing or rethinking our transformation plans? The easy answer is no, but there are some subtleties. We transform to increase our agility in the face of […]

With data at the centre of every application, process, and business decision, nearly every organisation I talk to describes a quest to become more data-driven to discover and act on insights rapidly. They know there is gold to be found within the troves of their data, but—frustratingly—it usually doesn’t materialise in a timely way for […]

Powering transformations with real-time data How much of your company’s resources are spent searching for answers to day-to-day operational issues and writing reports, looking inwards rather than focusing on your customers’ needs? While technology has dramatically changed our world in many ways, the way organizations work has not always kept pace. This was illustrated in […]