Understanding KPIs, KRIs, and Metrics: A Guide to Driving Strategic Success.
What Are KPIs, KRIs, and Metrics? In today’s data-driven world, organisations rely on key measurements to track performance, identify risks, and make informed decisions. While terms like KPIs (Key Performance Indicators), KRIs (Key Risk Indicators), and Metrics are often used interchangeably, they serve distinct purposes and play unique roles in Read more…
Business Intelligence or Management Information?
When it comes to navigating the data landscape, two terms often come up: Business Intelligence (BI) and Management Information (MI). Although they might appear similar, it’s our view that they play distinct roles in how businesses handle and interpret data. If you’ve ever wondered what sets them apart, you’re in Read more…
Why trying to become data driven might fail
Let’s talk about why trying to become data driven often falls short (at least more often than we’d like anyway). Being data driven is something many organisations aspire to, but the journey is full of challenges some of which are expected, but others aren’t quite what you’d expect. Here are Read more…
Data Governance – Where do I start?
In today’s world of data-driven decision-making, effective data governance is crucial. The Chief Data Officer (CDO) is usually responsible for overseeing the integrity, security, and usability of data across the organisation, so Implementing a solid data governance framework is key to maximising data assets. Here’s a high-level look at how Read more…
What’s in a Data Strategy?
Data Strategy: The short version? Data Strategy is simply a way forward with data that allows you to achieve a specific goal or set of goals for your business. It’s a plan of what you want to do with data to capitalise on the value it holds. That could be Read more…
Changing the Data Governance Narrative
Data Governance – isn’t that just the Data police? For some, Data Governance is lots of control, process and frameworks, for others, its data quality and data literacy. Data Governance is indeed about all those items, and more. It sometimes becomes clear talking to business leaders that Data Governance means Read more…
What is a Data Product and why should I care?
In any data environment, it’s crucial to understand what data products are and why they are important. In a data leadership role, development of data products within your organisation can be a great driver of value. Here’s a brief explanation of what data products are and why you should care Read more…
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