How to Define Data Thinking for Business Users

1. How to Define Data Thinking for Business Users

2. How to Define Data Thinking for Business Users • The digital shift has become the most important aspect of the success and survival of most businesses in recent years. The digital shift must become a top priority and focus for the leadership. • Data Thinking fills the gap between business units in the enterprise and IT that keeps the lights on as well as caters to innovation. The key to digital development coming together is the intricate interplay between all these areas. Individual data efforts’ long-term success is based on it. • Knowledge is power, and data creates knowledge. Data science and design thinking are combined to create data thinking. Data in itself doesn’t make a lot of sense unless you ponder on it and derive insights leveraging data thinking. But what does it actually mean? • How to become a data-driven company with data thinking? • Over the past decade, all enterprises have been focusing on being data-driven. Data and data platforms have evolved over time and organizations have geared up to use data as a differentiator. So, what do these data and insights requirements within an organization look like? • Visibility into what a specific business or a business unit is doing and how they are performing based on different set KPIs is the descriptive part. Whereas, how is past performance and data going to influence the future is the predictive part.

3. How to Define Data Thinking for Business Users • How to prioritize data needs? • Many enterprises delegate data and insights requirements to IT departments. That’s where the disconnect starts and the data projects drag on for years and also don’t meet all business requirements. • Hence the need to focus on how and who should initiate the value chain for creating data requirements and how to prioritize those requirements. • Data thinking for business users • So, is there a way to simplify the process and start at the beginning – the core aspect of the data journey i.e.; defining the requirements for data and insights by business users? • Concluding lines • Having data is one thing; using it to its fullest is another. Nothing is gained by having the first without the second. The data thinking approach will probably help businesses make sense of how they intend to convey their intent of using data. • Every business has unique needs and goals, and each business must embark on its own path and data thinking would make that journey a little easier. • Interesting right? • Want to know more on this topic: https://bit.ly/3vQrxJL