
Data Strategy
What is it?
A data strategy is a plan that outlines how an organisation collects, manages, analyses, and uses its data assets to achieve its business goals. It defines processes for data governance, quality, storage, and integration while aligning broader data initiatives with organisational objectives and ensuring the effective use of technology and resources.
This includes:
- Defining the required capabilities and skills among an organisation’s staff, specific to their role and more generally.
- Defining and documenting technology processes and resultant operating models.
- Outline the correct architecture needed to support the strategy.
A good Data Strategy is key for any business looking to unlock the full potential of its data assets.