A Learning Journey for Leaders in the Data Driven Economy
Data driven services, business models and strategies are disrupting traditional businesses and capturing market share. Leaders today require deep understanding of data and how to incorporate it effectively into decision making. But it is not just about data. You also need to effectively integrate new approaches to strategic, cultural, and human capital. A recent MIT Sloan study (2019) found that only 9% agree their organization already has leaders with the skills to thrive in the digital economy, and only 12% agree that their leaders have the appropriate mindset for leading.
Technology savvy is not enough: leaders must also build communities of trust, diversity and incorporate the right leadership mindset to achieve their goals. Our ‘Data Driven Leadership’ Learning Journey connects two core domains: Data, Analytics, Algorithms and the required Leadership Principles to applying data-thinking into daily leadership practices. Data-Driven Leaders learn how to create a data driven culture to achieve business impact by making better decisions. The teams learns to connect using objective facts over opinions, group think and biases.
You will understand the relevance of data for the business, and how it fundamentally changes the way you think, decide and lead in the future. During the program you will gain and validate specific insights Data & Analytics can bring to your organization and establish the needed mindset, skills and practices to make it work.
Your team will also gain literacy in the key concepts of Data, Analytics, Algorithms, AI, Machine Learning and the Internet of Things.
In this brief session, your leaders are getting connected and familiar with purpose, goals, logistics and are defining the ground-rules for the journey.
We start our journey getting clear where your organization and people are implementing a data strategy:
Now that we have started strategizing about data, we need shared understanding of the major concepts
We have identified some major opportunities and challenges
Now that we have identified some opportunities and challenges, in what areas do we need more shared understanding? We will explore more topics where data driven leadership needs business understanding:
Refining your vision & strategy around data:
Is Transformational Leadership the future leadership model? Companies of almost all sizes and industries are transforming – or being transformed. The challenge for organizations is to