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DOCUMENT DESCRIPTION
Data Monetization is the effective use of data to achieve positive and measurable impact on business revenue. In McKinsey’s Global Survey on Data and Analytics, it was found that 70% of executives reported that Data and Analytics have made changes in our industries’ competitive landscape.
The most common change is entrants launching new data-focused businesses that undermine traditional business models. The greatest impact is strengthening our company’s competitiveness.
Meaningful Data Monetization is achieved if the fundamental building blocks of a successful Data and Analytics program are set up. There are 3 such building blocks:
1. Strategy
2. Organization and Talent
3. Leadership and Culture
Data Monetization requires significant effort to keep our company ahead of traditional competitors and new disruptors. Effective Data Monetization is achieved when it is business led with C-level suit commitment and support.
This deck also includes slide templates for you to use in your own business presentations.
Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Data Analysis, Data Monetization PowerPoint Slides: Building Blocks of Data Monetization PowerPoint (PPTX) Presentation, LearnPPT
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