000 03176nam a22003495i 4500
001 91205
005 20231026103803.0
010 _a978-981-19-5719-2
_dcompra
090 _a91205
100 _a20231023d2022 k||y0pory50 ba
101 0 _aeng
102 _aSG
200 1 _aDefining enterprise data and analytics strategy
_bDocumento eletrónico
_epragmatic guidance on defining strategy based on successful digital transformation experience of multiple fortune 500 and other global companies
_fby Prakash Sah
210 _aSingapore
_cSpringer Nature Singapore
_cSpringer
_d2022
215 _aXV, 174 p.
_cil.
225 2 _aManagement for Professionals
303 _aThis 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.
606 _aStrategic planning
606 _aLeadership
606 _aQuantitative research
606 _aBusiness information services
606 _aBig data
606 _aInformation technology
_xManagement
606 _aStatistics 
680 _aHD30.28
680 _aHD57.7
700 1 _aSah
_bPrakash
801 0 _aPT
_gRPC
856 4 _uhttps://doi.org/10.1007/978-981-19-5719-2
942 _2lcc
_cF
_n0