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About the Class

Over the next 5-7 years, companies that make data part of their core strategy are likely to double their cash flow, while those that do not would experience about a 20% cash flow decline (McKinsey).

Data is important to the success of all companies. It helps leaders understand the health of their company and helps them make better decisions. It helps them offer better and personalized products and services to their customers at the right time.

Most company executives agree on the importance of data in their business, unfortunately, they do not understand the time, cost, and discipline
required to implement an effective data strategy. Gartner estimates that about 80% of these leaders fail at the point of execution. On the other hand, other leaders can integrate data into their corporate strategy and execute on it, but carelessly take extreme risks without considering the cost of breaches and misuse. Understanding data strategy, building, and lying out organizational structure, and leading change management, are as important as the required skillset for any organization.

We would help you understand the concepts and definition of data strategy for various types and stages of companies

Finally, we would effectively build our storytelling capability, which is the most important skill of a data worker. This makes a whole lot of
difference between rallying the leadership team to act or getting them to ignore all the metrics before them.

You will learn the best practices of storytelling and learn from industry leaders about how they have successfully built a data culture in their
organizations.

 Course Topics:

  • Data Strategy
  • Data Governance
  • Leading Data Teams
  • Change Management
  • Communicating Data for Results

Course Overview:

  1. Frameworks on how to set the right expectations with company or project stakeholders
  2. Build out the right kind of organization (centralized or decentralized)
  3.  Data governance checks and balances.

Learning Objectives:

  • Acquire a foundational understanding of how data strategy fits within an organization's culture and how to structure the analytics group within the organization
  • Critically evaluate issues related to data governance and stakeholder management
  • Develop and utilize storytelling skills to effectively communicate data-driven actions

Requirements

  • Take our Data and Decisions Course (Optional, but recommended)
  • Optional pre-selected articles
  • Try to look around your organization or business to find where and how data strategy can be implemented

Teacher

Fredfort Consulting Learning & Development (FCLD)

Business Management Consulting Firm providing business improvement courses for leaders & professionals
Business Programs for those that are..... "Made to Do".   Business is about getting things done, not just theory or trials. We bring together creative, open-minded people from all over the world to learn and do business, not just study it. So that they are  ready to thrive in an ever-changing world. FCLD is the Learning & Development (L & D)...

School

Sola Scott's School

Schedule

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Additional Details

Language: English
Level: All levels
Skills: Business Story Telling Skills using Data, Data Based Communications Skills, Data Strategy Implementation, Data Strategy Development
Age groups: 18+ years, All ages

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