Intelligent CIO Europe Issue 21 | Page 84

//////////////////// FINAL WORD Five simple ways to get your C-suite on board with data Having a data-driven culture within a business is absolutely key to success. James Eiloart, Senior Vice President of EMEA, Tableau Software, talks about the important factors to consider when it comes to developing a sustainable and scalable data culture. S ome think the phrase ‘data is the new oil’ is already over hyped and overused, but if it has shot to overuse so quickly then it’s probably worthy of attention. Research shows that insights- driven organisations will grow at least seven times faster than global GDP (Forrester, 2018) – so there should be no doubt about the power of data to improve business. Just as oil prospectors recognised the huge opportunity that came from extracting, processing and harnessing a valuable resource, today’s most successful organisations understand the importance of creating an environment where everyone feels empowered to analyse data to find new insights. This kind of environment – also referred to as a data-driven culture – is only successful when senior leadership has made data a priority for the entire company. But for many businesses today, this kind of culture is a major shift and requires change – change in technology, mindset and priorities. For anyone in business, particularly large companies, shifting the ethos and values of an entire company is incredibly difficult. In a survey by NewVantage Partners, just 40% of executives reported success in implementing a ‘data-driven’ culture, so there is clearly a significant barrier. Among organisations struggling to make the transition to becoming data-driven, many cite difficulties in getting C-level support as a significant obstacle. According to research 84 INTELLIGENTCIO by Forrester Consulting, nearly 50% of data professionals expressed a belief that their C-level executives don’t fully support their organisation’s data and analytics strategies. I’m fortunate in my job that I get to speak with countless customers from diverse geographies and industries. I consistently hear from them that building a data-driven organisation is only successful when it’s clearly mandated by senior leadership. Securing buy-in at the C-suite and board level is critical. Without their support, changing an organisation’s culture in a sustainable and scalable way becomes an uphill battle. So how does someone succeed in getting their C-suite involved with becoming a data- driven organisation? It’s not a one size fits all solution. Every business is unique and the point you are at in your company’s data journey can be completely different to one of your peers. Speaking to customers who have successfully secured buy-in from the C-suite, they have done so by being bold, putting themselves out there and getting specific about the business benefits and ROI data can bring. Here is a list of the top five methods which I consider have helped achieve executive buy- in, straight from our customers: • Choose (a few) champions: Data is being generated by almost every www.intelligentcio.com