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5 Essential Components of a Data Strategy

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"5 Essential Components of a Data Strategy"

A comprehensive data strategy is the secret sauce of many new business initiatives. It is a plan designed to improve all of the ways you acquire, store, manage, share and use data.

There’s no shortage of blue-sky thinking when it comes to organisations’ strategic plans and road maps. To many, such efforts are just a novelty. Indeed, organisations’ strategic plans often generate very few tangible results for organisations – only lots of meetings and documentation. A successful plan, on the other hand, will identify realistic goals along with a road map that provides clear guidance on how to best get the job done.

Let’s see how this played out in real life at one organization that set out to develop a data strategy

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