Value-Driven Data: Identifying, Communicating and Delivering Effective Business Solutions with Data

by Edosa Odaro

Overview

Value-Driven Data explains how data and business leaders can co-create and deploy data-driven solutions for their organizations.

Value-Driven Data explores how organizations can understand their problems and come up with better solutions, aligning data storytelling with business needs. The book reviews the main challenges that plague most data-to-business interactions and offers actionable strategies for effective data value implementation, including methods for tackling obstacles and incentivizing change.

Value-Driven Data is supported by tried-and-tested frameworks that can be applied to different contexts and organizations. It features cutting-edge examples relating to digital transformation, data strategy, resolving conflicts of interests, building a data P&L and AI value prediction methodology. Recognizing different types of data value, this book presents tangible methodologies for identifying, capturing, communicating, measuring and deploying data-enabled opportunities. This is essential reading for data specialists, business stakeholders and leaders involved in capturing and executing data value opportunities for organizations and for informing data value strategies.

Product Details

ISBN-13:	9781398608641
Publisher:	Kogan Page, Ltd.
Publication date:	08/29/2023
Pages:	256
Product dimensions:	6.46(w) x 9.53(h) x 1.02(d)

About the Author

Edosa Odaro is an AI and data transformation leader who has helped countless international organizations deliver significant impact through data analytics, transformation strategy and intelligent interventions. He is Chief Data and Analytics Officer at Tawuniya and is on the board for the UK's National Institute for Health Data Science (HDR UK). Odaro has been named a Financial Times Top 100 Most Influential Leader and one of the UK's 30 Most Influential Black Leaders in FinTech.

Table of Contents

** Chapter - 00: Introduction * Section - ONE: Vision: Discovering and capturing data value opportunities ** Chapter - 01: What is data vision? ** Chapter - 02: Capturing data visions ** Chapter - 03: Why data visions of all size matter ** Chapter - 04: The destructive impact of data vision misalignment ** Chapter - 05: Simplifying data vision misalignments * Section - TWO: Obstacle: The things that stand between data visions and data value realisation ** Chapter - 06: Obstacles of the past ** Chapter - 07: Obstacles of the future ** Chapter - 08: Obstacles of the present * Section - THREE: Value: Identifying, capturing and communicating data value ** Chapter - 09: Capturing data value propositions ** Chapter - 10: Measuring data value for business case and operational assurance ** Chapter - 11: The data value measurement lifecycle ** Chapter - 12: A data value account for data profits and losses ** Chapter - 13: Presenting data value to the CXO, EXCO and the board ** Chapter - 14: Conclusion: Bringing it all together

Editorial Reviews

"Edosa brings his experience and expertise together to remind us all of how expressing data value is fundamental to data driven transformation."

JC Lionti

"Value-Driven Data is an excellent book and a valuable resource for anyone looking to cut through the noise. It provides clarity on how to quantify the financial impact of data initiatives and effectively communicates with senior and non-technical audiences using clear and concise language."

Amy Shi-Nash

"Finally, a book that makes delivering value through data the number one priority. Business Leaders, whilst interested, do not really care how we as data professionals do it. Influencing top line, cost avoidance and bottom line are central to 99.9% of business strategies and so should also be the main focus when creating data strategies. Using real-world and highly relatable examples, Edosa has delivered an essential read for both data and business professionals."

Sam Richmond

"Value Driven Data cuts through the rumours and hearsay with real-life, no-nonsense examples of creating a data vision and value in practice. This is a comprehensive guide for both data professionals and business leaders. Once you have read it you won't want to do research without it."

Graeme McDermott

"Value-Driven Data offers a combination of deep knowledge and practical value for leaders guiding organizations through the responsible use of data. Odaro brings together a variety of perspectives from data practitioners and consultants to executive leadership in global businesses. I hope his shared knowledge will reach data professionals around the world and contribute to their success."

Simone Steel

"Edosa has done terrific work in producing this masterpiece! I like the way he has used data visions as the starting point and has linked all chapters to it by creating a practical and actionable book to help organizations realize their full potential."

Ram Kumar

"Value-Driven Data is an incredible resource, full of frameworks and tools to help navigate the elusive topic of data value in an easy to digest format, with stories drawn from Edosa's long professional career. A valuable instrument in an era of cost optimisation, providing knowledge to the reader to aid in directing and articulating vision, value and creating pathways to overcome obstacles."

Stylianos Taxidis

"Value-Driven Data provides a comprehensive framework for developing a data vision that aligns with the overall strategy of an organisation. One of the most impressive aspects of the book is how it breaks down complex concepts into easy-to-understand language, making it an enjoyable read for anyone interested in data strategy, regardless of their level of expertise."

Rowland Agidee

"A masterclass in how to unlock the true value of data for your organization. Value-Driven Data is a must read for all data leaders."

Hartnell Ndungi

"Value-Driven Data is a timely and practical guide to support us all with the challenge of unlocking and measuring the value of data. This thought provoking book is filled with practical examples to support frameworks and theories. A must read for all executives."

Dr Johanna Hutchinson

"Edosa has masterfully stitched together a collection of great examples with a set of tangible principles to guide readers on how to enhance their potential with data. The insights that this book provides are unique, the advice practical and the success stories applicable across industry sectors."

Mona Soni

"A powerful reminder that data is not just a valuable asset, but a critical driver of business success and unlocking new value pools sitting at the intersection of technology and sustainable business."

Lamé Verre

"Provides insightful frameworks and considerations for every organization that wants to get more value out of data and analytics."

Gero Martin Gunkel