Becoming “data-driven” has been a north star for most companies, and those who have not yet managed to infuse data into their organization’s cultural DNA, preventing its use at scale, are now lagging behind their competitors — and the disparity is growing. However, integrating and leveraging data from all corners of the organization is no easy feat, as even digital natives such as Airbnb, Netflix, Uber, and the like have struggled since it isn’t possible to have a data scientist in every room.
5 Pillars for Democratizing Data at Your Organization
Lessons from digital native companies.
November 24, 2023
Summary.
Many companies have made becoming data-driven a goal, and yet many traditional organizations are still struggling to democratize data beyond the data experts. The authors state that companies must adopt a new management paradigm to truly democratize data, and offer 5 pillars to create a “data democracy”: 1) Broaden data access by rolling-out data catalogs and marketplaces, 2) stimulate the generation of data-driven insights through self-service, 3) level up data literacy with specific curricula for personas or role families, 4) advance data practices by creating communities, and 5) promote data through various corporate communication channels.
New!
HBR Learning
Digital Intelligence Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Excel in a world that's being continually transformed by technology.
Learn More & See All Courses
New!
HBR Learning
Digital Intelligence Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Excel in a world that's being continually transformed by technology.