DESCRIPTION
Driven by the pervasive adoption of Big Data and Analytics, as well as the trending focus on fostering Learning Cultures, many organizations now are eager to determine how much their data assets are worth. Data Valuation, moreover, plays a key role in evaluating M&A deals, bankruptcy filings, and sale of data assets.
This presentation provides a detailed overview of a methodical approach to implement and embed Data Valuation practices into the Organizational Culture.
This approach encompasses 3 practical steps that organizations in any industry can take to implement Data Valuation practices.
1. Define and Disseminate Data Valuation Policies Across the Board.
2. Develop Internal Data Valuation Capabilities.
3. Select and Establish Appropriate Data Valuation Processes.
The presentation also alludes to the Data Valuation Framework and its 3 sources of value.
The slide deck also includes some slide templates for you to use in your own business presentations.
This presentation delves into the intricacies of Data Valuation Frameworks, breaking down the process into actionable steps. It highlights the importance of categorizing data into critical, important, and other groups, making it easier to assess its value. The framework identifies three primary sources of value, providing a comprehensive approach to understanding and leveraging data assets.
The PPT also covers Data Monetization, emphasizing how effective use of data can significantly impact business revenue. It outlines three essential building blocks for successful Data Monetization: Organization & Talent, Strategy, and Leadership & Culture. The deck includes pathways to monetization, both internal and external, ensuring a holistic view of how to maximize data value.
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Source: Best Practices in Big Data, Analytics, Data Monetization PowerPoint Slides: Data Valuation PowerPoint (PPTX) Presentation, LearnPPT Consulting
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