To succeed in the digital age, organizations need to accelerate innovation, which requires an environment that celebrates and encourages originality. Some businesses attempt to curb failure or risk-taking, but taking risks is the prerequisite to innovation. Organizations that foster creativity, set aggressive goals and aren't intimidated by failure are better prepared to thrive in the midst of business or market uncertainty.
Assess what cultural changes your organization may need to become more data-driven. It often requires an impartial and open review of processes, people, and technologies across the enterprise. Be ready to challenge long-held beliefs and customary patterns. Organizational change must be driven from the top―from your business leaders.
Implementing the right technologies and hiring the best talent can help, but people and tools will not necessarily assure the transformation of a culture resistant to change.
Defining a new strategy and creating new and detailed indicators (KPI) can help measure success, but it won't necessarily drive people to trust such metrics.
Training employees can help lessen the data knowledge gap, but it won't necessarily oblige them to apply or use what they have learned.
While these efforts can contribute, it is the commitment and involvement of the leadership and their desire for a data-driven environment is the most influential factor in cultural transformation.
Our experts at Kin + Carta are taking a deep dive into today's data challenges and highlighting many of the new capabilities available in next-generation business intelligence tools and systems. These newfound insights will be soon published in a Whitepaper on our website.