Businesses have realized that data are key differentiators and those that understand how to ingest, store, transform and analyze data can make better predictive and prescriptive decisions which in turn affect your business outcomes. Hence It is essential to predict, prevent and prepare than to restrict, repent and repair!
I will go over levels of maturity in this journey and share some practices that will help you carve out a successful data strategy for your enterprise.
More in-depth content will be shared on May 14th 2016 at Big Data Bootcamp Dallas( http://globalbigdataconference.com/64/dallas/big-data-bootcamp/schedule.html ) when we will have more time to delve on this topic.
2. Transform Legacy
Enterprise to Data
Driven Business
By Ashwini Kuntamukkala
Enterprise Architect, Vizient, Inc
Twitter: @akuntamukkala
PEOPLE -- PROCESS -- TECHNOLOGY
3. 6 Aspects of
Successful Data Driven Enterprise
Business People Information
Culture Technology Execution
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Left to themselves, things tend to go from bad to worse
4. Business is like
hockey
I skate to where puck is
going to be, not where it
has been
Wayne Gretzky
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
6. Have you ever wondered…
Hindsight is 20/20. If only we’d known, we’d
have made better decisions.
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
It seems to take forever to get anything
done in the company.
We seem to only make decisions by gut
feeling of the highest paid person.
7. We do things this way because we have
always done them this way
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
We are working hard but we aren’t moving
the needle in the business
Illusion of safety is comforting than
perception of uncertainty
Have you ever wondered…
8. Have you ever wondered…
We have lot of meetings but don’t seem to
make decisions
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
We didn’t succeed because they didn’t …
Are we getting in our own way due to our
own processes if any?
Oh! Not again. We dropped the ball on that?
9. Have you ever wondered…
Change to systems takes forever and very
expensive
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
This being data driven is such a hype…
The only thing we agree upon is to disagree
We claim to be agile but we are anything but
10. Are we data driven because…
We use Hadoop!
We have data lakes
We use BI tools to create reports and
dashboards
We have alerts
We hired data scientists
We have APIs
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
11. @akuntamukkala Transform Legacy Enterprise to Data Driven Business
Business
Vision + Clarity
Why does your company
exist?
Do you know what business
you are in?
Disrupt or be disrupted
12. @akuntamukkala Transform Legacy Enterprise to Data Driven Business
Business
Aspiration#1 Customer Delight
#2 Compete on Value
(Quality, Service & Cost)
#3 No Margin, No Mission
#4 High Tech, High Touch
#5 Become an Indispensible Partner
13. @akuntamukkala Transform Legacy Enterprise to Data Driven Business
Business
Prioritize
Track, measure, drive, share
leading business indicators
Simplify complexity and process
workflow
Prioritize & Perform high value
tasks
Measured -> improved, scheduled -> done, attention -> focus
15. Empower employees
Hypothesizing & Experimentation
Fail Early, Fail Fast, Fail Often
Celebrate failures
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Culture
It is amazing what you can accomplish, if you don’t care who
gets the credit – Harry Truman
16. Reward Risk
Bolder & Creative Thinking
Promote Agility
Solicit product & service ideas
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Culture
Tap, Tend, Tidy, Tool, Test, Tact, Tell, Take
17. @ Right People
@ Right Job
@ Right Environment
Produce
#Super Awesome Results
Building the right team precedes building a great product
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
People
Team
18. Strong Data Leadership
Executive Sponsorship
Engagement Model
Center of Excellence
Embedded Specialists
Hybrid Model
People are your assets not merely the data
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
People
Organization
19. Business Process Experts
Subject Matter Experts
Data Architect
Data Engineers
Programmers
Data Wranglers
Data Analysts
Data Literacy Advocates
Statisticians
Data Visualization Specialist
Data Journalists – Story telling
Data Scientist – Mostly rolled into one
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
People
Skills
20. @akuntamukkala Transform Legacy Enterprise to Data Driven Business
People
Mindset
“You can take someone to library but you
can’t teach curiosity”
“Educators take something simple and
make it complicated”
“Communicators take something
complicated and make it simple”
- John C Maxwell
21. If data is the new electricity
that powers your business,
do you have “resistors” that
impede or “conductors” that
promote data flow
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Information
You can have data without information.
Information without data is called an opinion
23. Buy, Build or Lease Decision
Be careful of hype
Evaluate what applies to business
Data Lake > Data Swamp
Data Virtualization
Data Processing @ Scale
Technology is a great servant but terrible master
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Technology
Investments
24. Automate automate automate
Simplify mundane repetitive tasks
Target Cost and Operational
Efficiencies @ Scale
Men have become tools of their tools – Henry D Thoreau
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Technology
Automate
25. Automate analytics production
Enable pervasive analytics
consumption
Provision Tools for Self-Service BI
The best place to find help is at the end of your own arm –
Swedish Proverb
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Technology
Analytics
27. Executive Buy-In
Desired Business Outcome
Start Small
Supplemental not replacement
Internal + Augmented Staff
Integrate
Non sensitive Information
Cloud first, On-Premise later
Reduced Governance & Hardening
Early Feedback
@akuntamukkala Transform Legacy Enterprise to Data Driven Business
Approach
Journey of 1000 miles begins with a single step
28. @akuntamukkala Transform Legacy Enterprise to Data Driven Business
Analytics Journey
1
• Retrospective
• What happened?
2
• Descriptive
• What’s happening?
3
• Investigative
• Why did/is it happening?
4
• Predictive
• What may happen (per current actions)?
5
• Prescriptive
• What needs to be done for desired outcome?
6
• Pervasive
• What needs to be done to make this process widely adopted?
7
• Repetitive
• What needs to be done to make this automated ?
Verne Harnish “Growth Guy”
Verne Harnish is founder of the Entrepreneurs‘ Organization (EO) and is well-known as the “Growth Guy”. He is also founder and CEO of Gazelles, Inc.This sample presentation is for entrepreneurs and executives of companies, aimed at helping them better manage the chaos that comes with growing a business.
The Gazelles presentations are clear and concise; simple, yet bold – it is the style embraced by growth firms.
My PowerPoint style is not a lot of words on a slide – just key concepts. I like to use the black background, because it provides a lot of contrast and will let the words come out more intensively.
My presentation style is to stand in front of the audience without a podium and share lots of stories of actual growth companies, like those represented in my audience, applying and having success with our tools and techniques. Audiences tend to not remember facts, but they’ll remember the stories. More specifically, I’ll share a key point (highlighted in the PowerPoint), tell a story, then review how the story relates back to the key point. Then I’ll ask the audience to take a few minutes and apply the key point to their own company.
Note: You understand that Microsoft does not endorse or control the content provided in the following presentation.
Slide Notes:
Color coding used to delineate key points and align with key elements of my company.In this case, the yellow bar to the left is one of the two key colors of our logo. You’ll find custom layouts with a few color options, such as those on subsequent slides, on the Home tab under Slides.
To change the color of objects on any slide layout, switch to Slide Master view. On the Themes tab, under Master Views, click Edit Master, and then click Slide Master.
Black on black background – embed an image of your own logo (the double swish you see is similar to the one from our old Gazelles logo)
To replace the ‘Your Logo’ placeholder with your own logo, switch to Slide Master view. On the Themes tab, under Master Views, click Edit Master, and then click Slide Master. When you replace the placeholder image with your logo on the slide master, it will appear on all slides.
Give examples of companies that have successfully transformed themselves…
Going into detail
Each key point is anchored with a question. I find posing a question to the audience relative to each key point engages them to proactively think and apply the ideas to their own situation vs. just listen to what I have to say.
Slide Notes:
Place the title of the first key point where it says “People” and also in the box in the upper right.This may seem redundant, but the repetition is important.
The “subline” in the upper right hand box is for a one or two word anchor to the first key point.In my case, the subline for “People” is “Happiness” – it’s the people you surround yourself with in business who impact your happiness.
I’ll then carry the “box” in the upper right hand corner, color-coded to that section, to additional content slides in that section.