To take advantage of the data revolution, organizations are establishing positions such as Chief Data Officer (CDO), Chief Analytics Officer (CAO), Chief Data Scientist (CDS), or Director of Data and Analytics. These Data and Analytics Catalysts harness data to drive decision-making, gain efficiencies, and free up staff to perform more meaningful work. However, not all organizations have been able to fully take advantage of their data.
Booz Allen conducted a first of its kind study on public and private sector Data and Analytics Catalysts to identify how these leaders can be most effective in seizing the data revolution. Booz Allen confirmed that these leaders, not the creation of data or introduction of new technologies, are driving the data revolution through culture change.”
To craft a culture of data-driven decision-making that reshapes their organization, Catalysts should employ the following four strategies: Demonstrate Value, Inspire Innovation, Establish Partnerships, and Nurture Strong Talent.