Organizations have always depended on data — to manage operations, to communicate with customers, to pay employees and suppliers, to plan their futures, and so forth. Those with the best data have enjoyed distinct advantages — in commerce, for example, better understanding the market leads to better products offered at better prices, and so forth. Data has enabled strategy, but, with few exceptions, neither driven strategy nor sat at its heart …
Fouad Bendris’s insight:
Rethinking old strategies …become increasingly data-driven, in everything one does.To simplify just a bit, the idea is that everyone — individually and in groups, up and down the organization chart, across internal silos, and with business partners — makes better decisions by using more and better data !
Source:: Strategy & Governance