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Defining Enterprise Data and Analytics Strategy: Management for Professionals

Autor Prakash Sah
en Limba Engleză Hardback – 7 noi 2022
This is the first of its kind book that describes key elements of enterprise data and analytics strategy, and prescribes a pragmatic approach to define the strategy for large enterprises. The book is based on successful digital transformation experience of multiple Fortune 500 and other large enterprises. It is estimated that more than 50% of data and analytics initiatives fail globally because of the inherent complexity of such initiatives. Some of the questions that enterprises struggle with are: How to define enterprise data and analytics strategy? What are the key elements that should be considered while doing so? Why one-size-fits-all approach does not work for all enterprises? How to align data and analytics initiative with the business strategy of the CEO? How to establish a futuristic technology and architecture foundation, given the exponential rate of innovation in data and analytics technologies? How to define the right data and analytics organization model? Why data and analytics organization and processes need to be different from other functions? How to manage organizational change to ensure success of data and analytics initiative? How to define a business value measurement framework and calculate ROI from data and analytics initiative? What are the key skills required in a data and analytics leader to wade through political and other challenges of a large enterprise? This book will help executives, chief digital/analytics officers, data and analytics professionals, and consultants, in answering the above questions. It will help them in addressing various dilemmas that they face every day and making their enterprises data-driven.
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Specificații

ISBN-13: 9789811957185
ISBN-10: 9811957185
Pagini: 192
Ilustrații: XV, 174 p. 39 illus., 6 illus. in color.
Dimensiuni: 160 x 241 x 17 mm
Greutate: 0.41 kg
Ediția:1st ed. 2022
Editura: Springer
Colecția Management for Professionals
Seria Management for Professionals

Locul publicării:Singapore, Singapore

Cuprins

  • Chapter 1: What is Data and Analytics Strategy
  • Chapter 2: First Element of Strategy - Business Capabilities
  • Chapter 3: Second Element of Strategy – Technology and Architecture
  • Chapter 4: Third Element of Strategy – Team, Processes and Governance
  • Chapter 5: Fourth Element of Strategy – Organizational Change Management
  • Chapter 6: Fifth Element of Strategy – Value Measurement Framework
  • Chapter 7: The profile of a Data and Analytics Leader

Notă biografică

Prakash Sah verfügt über drei Jahrzehnte vielseitiger Erfahrung in Beratung und Führung im Bereich Daten und Analytik. Seine Expertise erstreckt sich über verschiedene Branchen und Kulturen. Während seiner Tätigkeit in 13 Ländern unterstützte er CXOs und Führungskräfte zahlreicher Fortune-500-Unternehmen bei der Definition ihrer unternehmensweiten Daten- und Analysevision, Strategie und Roadmap. Prakash wurde als Redner und Podiumsteilnehmer zu verschiedenen internationalen Konferenzen und Innovationsveranstaltungen eingeladen. Zudem hält er Gastvorträge an einigen Business Schools. Er betreut zahlreiche Studierende und Fachkräfte sowohl in der Wissenschaft als auch in der Industrie. Darüber hinaus ist er Autor zahlreicher Fachartikel und Publikationen zu Unternehmensdaten und Analytik. Prakash hat Maschinenbau an der IIT Kharagpur und einen MBA an der IIM Calcutta – zwei der renommiertesten Institute Indiens – abgeschlossen. Derzeit ist er Managing Partner bei TCS (Tata Consultancy Services), einem der weltweit führenden Beratungs- und IT-Dienstleistungsunternehmen. Er lebt in Thane in der Metropolregion Mumbai, Indien, zusammen mit seiner Frau und seinen zwei Töchtern.

Textul de pe ultima copertă

This book describes key elements of enterprise data and analytics strategy and prescribes a pragmatic approach to define strategy for large enterprises. It is based on successful digital transformation experience of multiple Fortune 500 and other large enterprises. It is estimated that more than 50% of data and analytics initiatives fail globally because of inherent complexities of such initiatives. The book discusses key challenges that enterprises struggle with, such as—defining enterprise data and analytics strategy, and key elements that should be considered while doing so; limitations of one-size-fits-all approach which does not work for all enterprises; aligning data and analytics initiative with business strategy of the CEO; establishing a futuristic technology and architecture foundation, given the exponential rate of innovation in data and analytics technologies; defining the right data and analytics organization model and structure; reasons why data and analytics organization and processes need to be different from other functions; managing organizational change to ensure success of data and analytics initiative; defining a business value measurement framework and calculating ROI from data and analytics initiative; and key skills required in a data and analytics leader to wade through political and other challenges of a large enterprise.
Often, data and analytics leaders define a strategy that is focused primarily on technology and architecture. This leads to failure of a majority of data and analytics initiatives across enterprises. The book recommends defining a holistic strategy through five key elements – (a) business capabilities, (b) technology and architecture, (c) team, processes, and governance, (d) organizational change management, and (e) value measurement framework.
The book helps executives, chief digital/analytics officers, data and analytics professionals, consultants, and students in addressing various challenges and dilemmas that they face every day to make their enterprises more data driven


Caracteristici

First book in the world that provides pragmatic approach to define enterprise data and analytics strategy Prescribes how to lay down data and analytics foundation that forms the core of enterprise digital transformation Gives pragmatic guidance on driving organizational change management to succeed in a data and analytics initiative Describes a comprehensive framework to measure business value and ROI from data and analytics initiative Explains skills required in data and analytics leader to wade through political/other challenges of a large enterprise