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Over the past decade, firms have taken the plunge to become data driven. They have amassed data, invested in technologies, and paid handsomely for analytical talent. Yet for many, a strong, data-driven culture remains elusive and data is not universally used for decision making. Too often, this plunge has not yet paid off.
Why is it so hard?
In his recent Harvard Business Review article, "10 Steps to Creating a Data-Driven Culture," David Waller writes, "The business obstacles to creating data-based businesses aren’t technical; they’re cultural."
On August 19, 2020, David Waller—head of data science and analytics for Oliver Wyman Labs—will lead a live, interactive HBR webinar. He will discuss challenges companies face in shifting to a data-driven mindset and will share 10 data commandments to create and sustain a culture with data at its core.
Among the 10 commandments Waller will discuss are:
- A data-driven culture starts at the (very) top
- Don’t pigeonhole your data scientists
- Make proofs of concept simple and robust, not fancy and brittle
In this webinar, Waller will cover each of these 10 data commandments, explain why they are so important, and provide examples of companies that are following these commandments to create data-driven cultures.
Just aspiring to be data driven is not enough. Companies need to take concrete steps to develop cultures in which this mindset can flourish. To learn how to create a more data-driven culture in your organization, join David Waller and HBR on August 19.