Over the past two+ years as the vast majority of other Thought Leaders and Industry Pundits have promoted (and hyped) the notions of Big Data, Chief Data (& Analytics) Officers, Data Scientists, etc. I have proffered a new Leadership Paradigm for adoption by all CEO’s, Boards & Executive Teams to use in creating what is widely referred to as “A Predictive Enterprise”. In this new paradigm, which I refer to as “The Data Leadership Nexus” these leaders become fully accountable for “all things data & analytics”. No longer the domain of IT and its proxies, Data, Information & Analytics become Core Competencies for the Organization to leverage pervasively across all strategic activities and operational domains. Critical to achieving the benefits of The Data Leadership Nexus is engaging with the entire Organization to adapt & become a “Culture of evidence-based decision makers” who use its Core Competencies (Data, Information & Analytics) to build and sustain Competitive Advantage in every domain of applicable use.
Missing entirely from The Data Leadership Nexus strategic framework is the need for Czars, Unicorns, Griffins or other Proxies in respect to inherent accountabilities born by the CEO, Board and Senior Executive Team. In the framework; Data, Information & Analytics are not IT Functions, but essential Core Competencies for exploitation. Additionally, the Organization’s Culture, as a reflection of the CEO’s shadow in not only fully engaged in the execution of the Core Strategy, but essential to its entire success.
I wrote extensively about much of this in blog postings of 2014 (A recap can always be found here: https://infomgmtexec.me/2014/09/16/recap-the-data-leadership-nexus/ )
I promised to write a blog in late 2014 on an integrated approach to achieving the goals of The Data Leadership Nexus and in the spirit of the recent holiday season I decided to use the traditional “Twelve Days of Christmas” as a template (via Twitter). Below is my version of this classic. I hope that you enjoy it and understand the “Integrated Approach” that I was endeavoring to achieve.
On the First Day of
#DataLeadership, the Board gave #CEO the Leadership Mantle to make #data & #analytics pervasive across the entire Enterprise.
On the 2nd Day of
#DataLeadership the #CEO gave the Organization a powerful core strategy that leverages #Data & #Analytics as Core Competencies to achieve strategic outcomes and create sustainable competitive advantage.
On 3rd Day of
#DataLeadership the #CEO spoke to the foundation for Strategic Success: “Top-Down Leadership, an Engaged Culture & full leverage of our Core Competencies”.
On 4th Day of
#DataLeadership the Organization began its journey to becoming a Predictive Enterprise. It embraced the Four Core Strategic Constructs. (Information is an Asset, Evidence-based Decisioning, Information-driven Risk Management & Analytics-everywhere to create Competitive Advantage.
On the 5th day of
#DataLeadership the entire Enterprise (from the Top-Down) became competent in the use & exploitation of #Data, #Information & #Analytics.
On the Sixth Day of
#Dataleadership the #CEO laid out the blueprint for Evidence-based Decision Making at all levels across the Enterprise.
On the 7th Day of
#DataLeadership the #CEO declared to all that “Building a Predictive Enterprise is a top strategic priority for our Organization.”
On the 8th Day of
#DataLeadership the Board & #CEO integrated #Datagovernance, #DataSecurity & #Privacy into their #Risk Accountabilities.
On Ninth Day of
#DataLeadership the #CEO & the entire Senior Executive Team pledged their accountability to be #Analytics-Literate Leaders.
On 10th Day of
#DataLeadership the Nexus of Top-Down Leadership, Deep Core Competencies & an Engaged Culture formed the basis of becoming a Predictive Enterprise.
On the Eleventh Day of #DataLeadership the #CEO & Board rolled-out the Organization’s five-year strategy to become a Predictive Enterprise.
On the 12th Day, the #CEO & Board declared; “2015 will be the Year of #DataLeadership” for our Organization, the first major step in evolving into a Predictive Enterprise .
I am looking forward to The Year of Data Leadership and will be writing many more postings on the topic in my Information Age (UK) (www.information-age.co.uk) monthly column, this blog & during keynote presentations outlined in my Calendar of Events on this site. I will be working vigilantly with CEO’s, Boards and Senior Executive Teams to help them use The Data Leadership Nexus to achieve competitive advantage and other strategic outcomes as A Predictive Enterprise.