
4 things to consider when developing your data strategy
Organizations often struggle when coming up with their data strategy. In the end we need to be practical about what we can actually do and any effective data strategy has to keep focus on maximizing return on investment. Here are 4 specific things to consider 1. Organizational Goals 2. Data Sophistication 3. Budget/Resources 4. Readiness of Your Audience 1. Organizational Goals First let's look at the definition of strategy strat·e·gy /ˈstradəjē/ A plan of action or policy