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Maximizing Your Potential
with Data Leadership
DATAVERSITY Webinar
September 18, 2018
Anthony J. Algmin
“IT” and “The Business”
2
The
Business
IT
WRONG: “IT” and “The Business”
3
IT
The Business
RIGHT: The Business
4
Product

Development
Human

Resources
Operations
Accounting Sales
Finance
IT
Marketing
• The Most Important Thing is Data Value
• Balance is an Accelerator
• Moving Beats Design
If You Remember Nothing Else
5
• Founder and Principal of Algmin Consulting
- Many years in consulting for a number of firms
- First Chief Data Officer f...
• Data Leadership Building Blocks
- The Value of Data
- We Have Been Asking the Wrong
Questions
- Key Definitions
- Simple...
Data Leadership
Building Blocks
8
• The Value of Data
- The realized difference between what you do with it
versus what you would do without it
• Measuring ...
• Wrong:
- What will you use this for?
- How will this help you?
- What do you need from this?
- What are your requirement...
• Data Value is the Most Important Thing
• The Data Value Chain is how our organizations take
data inputs, refine them, pu...
1. Measure Something
2. Identify Possible Improvements
3. Make Them Happen
4. Repeat
Simple Virtuous Cycle
12
MEASURE
IDEN...
The Data Leadership
Framework
13
Data Leadership Framework: Overview
14
Access
Getting Data into a Useful Place
Refine
Putting Data into an Optimal Form
Ad...
• Security
• Architecture
• Wrangling
• Development
• Support, Operations, and DevOps
Access: Getting Data into a Useful P...
• Metadata
• Data Quality
• Master Data
• Enrichment
• Curation
Refine: Putting Data into an Optimal Form
16
• Data Modeling and Warehousing
• Traditional Reporting
• Interactive Dashboards and 

Visualizations
• Systems Integratio...
• Measurements, Metrics, KPIs
• Regression Analysis, Predictive Modeling
• Machine Learning, Artificial Intelligence
• Bus...
• Strategy, Standards, and
Policies
• Project and Program
Management
• Marketing and Communications
• Organizational Train...
Applied Data
Leadership
20
• Consulting-type Services
- Data Value Assessment
- Maturity Scorecard
- Resource Assessment & Training Plan
- Visual Roa...
• The 8-Second Proof-of-Concept:
- Seemingly Impossible Challenge
- Find a Solution
- Built a Prototype
- Tangible Metrics...
• Countless reasons/excuses exist to slow
down or stop
- “I didn’t have time!” (and other nonsense)
- Administrative ineff...
• Data Leadership Building Blocks
- The Value of Data
- “IT” and “The Business”
- Key Definitions
- Simple Virtuous Cycle
...
• The Most Important Thing is Data Value
• Balance is an Accelerator
• Moving Beats Design
Recall: If You Remember Nothing...
To learn more about Data Leadership,
check out the online training class at
DATAVERSITY.net!


https://training.dataversit...
Data is everywhere in today’s businesses, and there are countless things for the data
professional to do! It can be overwh...
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Webinar: Maximizing Your Potential with Data Leadership

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Data is everywhere in today’s businesses, and there are countless things for the data professional to do! It can be overwhelming to figure out what we should be doing now, tomorrow, and further down the road. Data Leadership helps us simplify, prioritize, and ultimately find the direction we need.

The value that comes from data can impact an organization in three fundamental ways: increasing revenues, decreasing costs, and managing risk. Data professionals are tasked to optimize data’s impact on these. But knowing our goals—versus how to best achieve them—are two very different things.

The Data Leadership Framework guides us in sorting out the dozens of choices to determine the best actions to take, no matter where we are in our data journey. Attend this DATAVERSITY webinar to start maximizing data value with Data Leadership!

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Webinar: Maximizing Your Potential with Data Leadership

  1. 1. Maximizing Your Potential with Data Leadership DATAVERSITY Webinar September 18, 2018 Anthony J. Algmin
  2. 2. “IT” and “The Business” 2 The Business IT
  3. 3. WRONG: “IT” and “The Business” 3 IT The Business
  4. 4. RIGHT: The Business 4 Product
 Development Human
 Resources Operations Accounting Sales Finance IT Marketing
  5. 5. • The Most Important Thing is Data Value • Balance is an Accelerator • Moving Beats Design If You Remember Nothing Else 5
  6. 6. • Founder and Principal of Algmin Consulting - Many years in consulting for a number of firms - First Chief Data Officer for the Chicago Transit Authority - Started career as a data architect and developer in the financial industry - Undergrad - Illinois Wesleyan, MBA - Kellogg • Data Leadership Training - Online at DATAVERSITY.net - Teach tutorials at multiple DATAVERSITY conferences each year - Available for customized classroom or individual training • Writing - TDAN.com Quarterly Column - “The Book on Data Leadership” will be available soon Biography 6 anthony@algmin.com 630-403-8348
 @AJAlgmin Visit us at algmin.com!
  7. 7. • Data Leadership Building Blocks - The Value of Data - We Have Been Asking the Wrong Questions - Key Definitions - Simple Virtuous Cycle • The Data Leadership Framework - Overview - Access - Refine - Adopt - Impact - Align • Applied Data Leadership - Using the Data Leadership Framework - Pitching like an All-Star - Stop Talking about Working—Start Working • Recap • Questions
 
 
 
 
 
 
 Agenda 7
  8. 8. Data Leadership Building Blocks 8
  9. 9. • The Value of Data - The realized difference between what you do with it versus what you would do without it • Measuring Value - Increase Revenue - Decrease Cost - Manage Risk • These are the ONLY ways data creates actual value The Value of Data 9
  10. 10. • Wrong: - What will you use this for? - How will this help you? - What do you need from this? - What are your requirements? • Instead ask: - When we give you this, what will you do differently? - How will this help us increase revenue, decrease costs, or mitigate risks? - What would you do instead if you did not have this? We Have Been Asking the Wrong Questions 10
  11. 11. • Data Value is the Most Important Thing • The Data Value Chain is how our organizations take data inputs, refine them, put them to use, and get better at something • Data Leadership helps us achieve balance between the business, technology, and data capabilities we must harness to optimize our organizations - This helps us deliberately manage the Data Value Chain - Balancing the variety of technology and business activities will create the most Data Value Key Definitions 11
  12. 12. 1. Measure Something 2. Identify Possible Improvements 3. Make Them Happen 4. Repeat Simple Virtuous Cycle 12 MEASURE IDENTIFYIMPROVE
  13. 13. The Data Leadership Framework 13
  14. 14. Data Leadership Framework: Overview 14 Access Getting Data into a Useful Place Refine Putting Data into an Optimal Form Adopt Acting from Data Insights Impact Maximizing Business Outcomes Align Driving Business Engagement
  15. 15. • Security • Architecture • Wrangling • Development • Support, Operations, and DevOps Access: Getting Data into a Useful Place 15
  16. 16. • Metadata • Data Quality • Master Data • Enrichment • Curation Refine: Putting Data into an Optimal Form 16
  17. 17. • Data Modeling and Warehousing • Traditional Reporting • Interactive Dashboards and 
 Visualizations • Systems Integration • Emerging Data Technologies Adopt: Acting from Data Insights 17
  18. 18. • Measurements, Metrics, KPIs • Regression Analysis, Predictive Modeling • Machine Learning, Artificial Intelligence • Business Process Automation • Data Monetization Impact: Maximizing Business Outcomes 18
  19. 19. • Strategy, Standards, and Policies • Project and Program Management • Marketing and Communications • Organizational Training and Building Quantitative Culture • Regulatory Compliance Align: Driving Business Engagement 19
  20. 20. Applied Data Leadership 20
  21. 21. • Consulting-type Services - Data Value Assessment - Maturity Scorecard - Resource Assessment & Training Plan - Visual Roadmap - Executive Summary Presentation - Customizable with a Technology POC or Pilot • Data Architecture - Incorporating into Approach and Design Methodology • What about Data Governance? Using the Data Leadership Framework 21
  22. 22. • The 8-Second Proof-of-Concept: - Seemingly Impossible Challenge - Find a Solution - Built a Prototype - Tangible Metrics - Make it Easy for Them to Say Yes Pitching like an All-Star 22 The most powerful words you can say are: “Watch This!”
  23. 23. • Countless reasons/excuses exist to slow down or stop - “I didn’t have time!” (and other nonsense) - Administrative inefficiencies - Let’s have a meeting to discuss • Track to data value Instead - The best way to impact the business is to impact the business - Question to ask: How can I move one of the three needles today? Stop Talking About Working—Start Working 23
  24. 24. • Data Leadership Building Blocks - The Value of Data - “IT” and “The Business” - Key Definitions - Simple Virtuous Cycle • The Data Leadership Framework - Overview - Access - Refine - Adopt - Impact - Align • Applied Data Leadership - Using the Data Leadership Framework - Pitching like an All-Star - Stop Talking about Working— Start Working
 
 
 
 
 
 
 
 
 
 Recap 24
  25. 25. • The Most Important Thing is Data Value • Balance is an Accelerator • Moving Beats Design Recall: If You Remember Nothing Else 25 And Until Next Time, 
 Go Make an Impact!
  26. 26. To learn more about Data Leadership, check out the online training class at DATAVERSITY.net! 
 https://training.dataversity.net/learn/public/learning_plan/view/10/dl0-data-leadership-learning-plan-eight-courses Visit Algmin Consulting at Algmin.com 
 Thank You
 for Attending Today’s Webinar!

  27. 27. Data is everywhere in today’s businesses, and there are countless things for the data professional to do! It can be overwhelming to figure out what we should be doing now, tomorrow, and further down the road. Data Leadership helps us simplify, prioritize, and ultimately find the direction we need. The value that comes from data can impact an organization in three fundamental ways: increasing revenues, decreasing costs, and managing risk. Data professionals are tasked to optimize data’s impact on these. But knowing our goals—versus how to best achieve them—are two very different things. The Data Leadership Framework guides us in sorting out the dozens of choices to determine the best actions to take, no matter where we are in our data journey. Attend this DATAVERSITY webinar to start maximizing data value with Data Leadership! Abstract 27

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