The Data Leadership Nexus is a path to success when it comes to realizing the numerous business benefits of Big Data and Advanced Analytics which have been extolled by so many in recent times and yet realized by so few. It is the linchpin of your Strategic Plan for building & sustaining “a culture of analytics” to foster evidence-based decisioning, deeper & broader insights, full knowledge exploitation and optimized strategic performance while making these behaviors pervasive across your entire enterprise. In my mind it is the path to realize everything data-related that we have been working on for more than 50 years now in Management Theory, Decision Science and Information Technology.
By definition: The Data Leadership Nexus is the intersection of; Top-Down Executive Leadership, A fully aligned Organizational Culture and the full exploitation of Data, Information, Analytics to create strategic outcomes, sustainable sources of competitive advantage and enterprise value within every organization that wants to become a Predictive Enterprise.
I define a Predictive Enterprise as: “The use of Predictive Capabilities driven by data, information & analytics to; optimize decision making, facilitate strategic & operational outcomes, mitigate risks and to exploit insights across the entire Enterprise”
The Data Leadership Nexus is comprised of these basic components;
- Top-Down Leadership (by the Senior Executive Team)
- Data, Information & Analytics
- Organizational Culture
Each component was discussed in detail in previous postings. They can be found using the following links;
#: Overview & Introduction: https://infomgmtexec.me/2014/08/05/overview-the-data-leadership-nexus/
#: The Motivation behind The Data Leadership Nexus: https://infomgmtexec.me/2014/07/25/data-analytics-leadership-missing-in-action/
#: Top-Down Leadership: https://infomgmtexec.me/2014/08/11/leadership-requirements-in-the-predictive-enterprise/
#: Organizational Culture: https://infomgmtexec.me/2014/08/28/the-role-of-organizational-culture-in-the-predictive-enterprise/
#: Data, Information & Analytics: https://infomgmtexec.me/2014/09/09/data-information-analytics-as-core-competencies-in-the-predictive-enterprise/
#: Additional Background Material: “Transformational Leadership for Big Data & Analytics Success” (Three-part series):
In future postings I will discuss; “How to Build & Successfully Execute your Transformational Plan for becoming a Predictive Enterprise using The Data Leadership Nexus as a Strategic Enabler”.