Data Strategy
Growth is a constant goal for today's businesses, whether organic, through market penetration, customer segmentation, new market and product development, or non-organic growth through M&A and affiliations. Unfortunately, Data oversight while this growth occurs is often not given priority. This status quo results in integration overheads, risk of exposure, and reputational damage from the lack of standards that many organizations are experiencing today.
Likewise, cost reduction and spend optimization have become crucial to compete. Establishing key cost levers and renegotiating contracts to support this initiative will require top-down data analysis and consolidation. Unfortunately, many consolidation efforts fail to yield expected outcomes due to poorly managed data standards, inconsistent processes across affiliates and acquisition sites, etc.
The idea that "Data" is a "Business" owned asset and "Technology" is synonymous with "IT" deepened the schism between "Information" and "Technology" within the IT capability of large organizations.
On the positive side, some companies have shown measurable business improvement by adopting Data Strategies starting from the C-suite down to the Sites/Stores. These companies continue to monetize their Data assets and outsell competition with their "Digital = Data" mindset.
We at Enterprise Data Strategy Partners take pride in guiding organizations to map and implement sustainable data strategies that deliver the true potential of Data.
We work with customer teams to study current and historical practices, identify gaps and opportunities, and define transformational roadmaps. Our approach is holistic, data-driven, and data-oriented. Our focus is on improving user experience and business processes.
M&A Data Strategy
Due diligence, early alerts, standardization, migration strategy, integration.... Schedule a call with us to discuss how we can help you strategize your next Merger, Acquisition or Divestiture!
Organizational Change Management
As competitive change accelerates, managing the change with respect to people, process and technology, becomes a strategic necessity. Schedule a call with us to discuss how we can help you navigate change!