Webinar: Strategic Business Transformation with Data
- Tuesday 12 January 2021
- 15:00–16:30 local time | 3 pm – 4.30 pm (GMT +02:00)
- This webinar is free of charge but requires registration in advance
REGISTRATION IS CLOSED! FOLLOW TIVIA'S WEBSITE AND SOCIAL MEDIA CHANNELS FOR THE WEBINAR RECORDING!
This webinar is open to everyone. Join TIVIA now and secure your place in TIVIA’s forthcoming events!
Webinar agendaThe Status of Strategic Data Management in Finland? Tomi Dahlberg, Chair, ICT Leaders Finland A Brief History of Chief Data Officer Trend Sami Laine, President, DAMA Finland The case for the CDO: Chief Data Officer Combat Peter Aiken, Associate Professor, Virginia Commonwealth University | President, DAMA International Next steps in raising ‘Data Assets’ to Strategic Business Decisions in Finland Jussi Nissilä, CEO, TIVIA
Detailed information about the presentations
The Status of Strategic Data Management in Finland?
- What do the studies and the activities conducted by the ICT Leaders Finland (ILF) tell about the maturity, priority and business significance of the governance of IT and IT management among C-level executives
- The strategic significance of data in business in Finland – are there enterprises, where data guides strategy and a CDO transforms business? Are there enterprises, where an enterprise steering committee member is accountable for data capital, where the performance of a CDO is measured on the basis of business objective metrics, and where businesses are started or discontinued on the basis of data asset value creation
A Brief History of Chief Data Officer Trend
- The introduction describes briefly how the need for CDO was recognised in the leading organizations that learned the important lesson – that data problems are often fundamentally business problems. The experiences lead to a new sacademic research in MIT and analyst reports from Gartner.
- Over a decade, the top data strategists and directors from many of the leading global companies have gathered yearly to MIT CDOIQ Symposium at Sloan Management School campus. This year, the previously USA-centric movement expanded the symposium virtually to a wider audience and launched the Country CDO Ambassador program.
The case for the CDO: Chief Data Officer Combat
- Reflections on organizational IT performance, combined with decisive performance measurements, indicate that IT has been asked to do a job that it cannot do well. Data are assets that deserve to be managed as professionally and aggressively as comparable organizational assets. The solution is a data leadership function founded on three pillars:
- Dedication solely to leveraging data assets,
- Unconstrained by an IT project mindset, and
- Reports directly to the business
- The program discusses the need for these to be mastered and coordinated. There are two primary tasks: eliminate data debit and use data strategically. A data explosion leaves most organizations unprepared to leverage their data assets. The redress assigns this vital, lacking function to its rightful driver, the business. Transformation may require some organizational discomfort. This can only be overcome by results so do not attempt to dabble in it. CDOs are responsible for increasing organizational data literacy.
Next steps in raising ‘Data Assets’ to Strategic Business Decisions in Finland
- Facilitating organizations
- Roadmap for activities
- Networking globally and locally