5 steps to prepare for digital transformation
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STEPS TO PREPARE FOR DIGITAL TRANSFORMATION 5
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Data is now more valuable than physical property
REAL-TIME BUSINESS IS HAPPENING
Airbnb Largest hotel company
does not own proper@es
Uber Largest taxi company does not own taxis
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MAINSTREM ADOPTION IS COMING
BUT WE STILL HAVE TIME
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WHICH PROVIDES A GREAT OPPORTUNITY TO:
REVIEW AND REINVENT OUR PROGRAM
REFRAME THE DATA DIALOGUE AROUND DIGITAL INNOVATION
RESET OUR PRIORITIES
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5 STEPS TO PREPARE FOR DIGITAL TRANSFORMATION
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Focus your efforts on the DATA THAT ACTUALLY MATTERS and supports business objec@ves
PRIORITIZE WHAT MATTERS
“We’ve found 40% of the data maintained in transac@onal systems doesn’t need to be there”
1
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Develop and follow a business value focused Decision Tree to drive priori@es and governance decisions
AVOID THE CLUTTER 1
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VIEW DATA FROM TOP-DOWN
FOCUS ON THE DATA THAT ENABLES BUSINESS PRIORITIES
THE BUSINESS WILL BUY INTO WHAT WE BELIEVE, NOT WHAT WE DO OR HOW WE DO IT
What cri@cal insights will enable you to make beUer decisions driving growth, risk mi@ga@on, and opera@onal efficiency?
What governance capabili@es are required to collect, protect and analyzing that informa@on?
What performance measures will they be using to define success?
1
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2 START AND USE WHAT YOU HAVE
SMALL
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2
INFORMATION GOVERNANCE
SUCCESSFUL
STILL BOILS DOWN TO DIGITIZATION
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WE JUST NEED TO PIVOT A BIT 2 IT’S NO LONGER ABOUT CONTROL CONTEXT NOW IT’S ALL ABOUT
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ANALYTICS REQUIRE GOVERANCE 2 BUSINESS
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3 ESTABLISH A SIMPLE & SCALABLE OPERATING MODEL
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DON’T REINVENT THE WHEEL 3 PROJECT BY PROJECT REQUIRES DATA REWORK EVERY TIME, WASTING TIME, MONEY AND EFFORT
PROGRAMS CONSISTING OF A CENTRALIZED, SUSTAINABLE STRUCTURE FOR CAPTURING, ANALYZING AND EXECUTING DATA INTIATIVES
VS.
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CONVERTING FROM A PROJECT TO PROGRAM MENTALITY 3
COLLABORATION BETWEEN BUSINESS & IT
CHANGE MANAGEMENT
OPERATING MODEL WITH CENTRAL FRAMEWORK
PROGRAMS REQUIRE:
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[DATA GOVERNANCE PLATFORM]3 INFORMATION VALUE MANAGEMENT® BY DATUM
Structures repeatable METHODOLOGY
for trusted analy@cs
Provides CLARITY OF SIGHT between business analy@cs and the data that support
them
Drives a prescrip@ve and repeatable FRAMEWORK
for data standards & business rules
Creates a MISSION CONTROL CENTER for business focused data
collabora@on
CLICK HERE TO LEARN ABOUT INFORMATION VALUE MANAGEMENT
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4 LEVERAGE A SUITE OF PROVEN TOOLS
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TOOLS & CAPABILITIES NEEDED 4 BUSINESS RULES ARE KING AND YOU NEED AN INTEGRATED SUITE OF TOOLS TO LEVERAGE THEM:
MASTER DATA CHANGE MANAGEMENT SAP Master Data Governance (MDG)
INFORMATION QUALITY SAP Informa@on Steward (IS)
DATA TRANSFORMATION / SYNCHRONIZATION Data Services (DS) & Landscape Transforma@on (SLT)
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LEVERAGING THE TOOLS 4 UNDERSTAND WHERE THE TOOLS BEST APPLY TO YOUR BUSINESS (THINK CAPABILITIES)
CONSIDER THE TRUE QUALITY REQUIRED FOR THE INFORMATION ACROSS YOUR LANDSCAPE
APPLY TECHNOLOGIES TO CLOSE SPECIFIC GAPS
ENSURING YOUR BUSINESS RULES ARE ITERATIVELY APPLIED ACROSS YOUR TOOL LANDSCAPE IS THE ONLY WAY TO DRIVE VALUE ACROSS THE BUSINESS
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WHAT OUTCOMES DO WE WANT 4 CONSIDER THE QUALITY OF INFORMATION ACROSS THE LANDSCAPE
APPLY WORKFLOW TECHNOLOGIES TO CLOSE GAPS
IT’S NOT ALL ABOUT DATA QUALITY ANYMORE
IT’S NOT TURNING DATA CONSUMERS INTO DATA PRODUCERS
IT’S ABOUT TURNING INFORMATION USERS INTO INFORMATION PRODUCERS
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5 DATA TECHNOLOGY IMPROVEMENTS HELP, BUT THEY ARE NOT A SILVER BULLET FOR ENABLING DIGITAL TRANSFORMATION
HOW TO MEASURE READINESS
THINK ABOUT DELIVERING SOLUTIONS – NOT SYSTEMS – AND ESTABLISH ‘OUTCOME CENTRIC’ USE CASES AS ACCEPTANCE CRITERIA
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FOLLOW YOUR NORTH STAR 5 EVALUATE THE FOLLOWING CAPABILTIES WITHIN YOUR PROGRAM AND TEAM ON A REGULAR BASIS:
DO WE UNDERSTAND WHERE THE DATA THAT MATTERS COMES FROM AND HOW THE BUSINESS WANTS TO USE IT?
IS OUR DATA STRATEGY IS FOCUSED ON HOW TO CREATE, STORE AND MANAGE OUR DATA OR HAVE WE MADE CONNECTIONS TO BUSINESS VALUE?
IS THERE AN ORGANIZATION-WIDE APPRECIATION FOR FOLLOWING GOVERNANCE RULES
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DIGITIZATION
THE BEST TIME TO START IS
NOW!
THE CLOCK
IS TICKING
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