June 27, 2023

S3 | Ep 34 | Successfully Moving the Data Function from a Cost Centre to a Value Creator with Steve Pimblett, Chief Data & Analytics Officer at The Very Group

45 minutes

In Episode 34 of Season 3, of Driven by Data: The Podcast, Kyle Winterbottom is joined by Steve Pimblett, Chief Data Officer at The Very Group, where they discuss how to move data from a cost centre to a value creator, which includes;

A transformation journey that has been ongoing for over a century
Why some D&A teams are still seen as a cost centre and not a value-creating function
Why demonstrating value creation is a primary responsibility of a Data Leader/CDO
The tangible things that Steve has done to be seen as a value-creating function
The 4 key pillars of their Data Strategy and measuring the capability maturity
The value-creation measurement framework they’re using and how that helps to communicate
Why you have to connect data and insight to action
The importance of talking in outcomes and the benefits of those outcomes, and not data
Why it’s imperative to have an operating model that supports value-creation
A Joint-Venture model to prove value and take to an investment board
How they’ve used hastags to demonstrate the value of Data & Analytics as an enabler to the business functions in those JV’s
Why ‘data as a product’ has bridged the communication gap and acts as a client success manager
Why PR has been critical in the success of the D&A team and how external validation has helped

...more

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By Orbition Group

3.9

77 ratings

June 27, 2023

S3 | Ep 34 | Successfully Moving the Data Function from a Cost Centre to a Value Creator with Steve Pimblett, Chief Data & Analytics Officer at The Very Group

45 minutes

A transformation journey that has been ongoing for over a century
Why some D&A teams are still seen as a cost centre and not a value-creating function
Why demonstrating value creation is a primary responsibility of a Data Leader/CDO
The tangible things that Steve has done to be seen as a value-creating function
The 4 key pillars of their Data Strategy and measuring the capability maturity
The value-creation measurement framework they’re using and how that helps to communicate
Why you have to connect data and insight to action
The importance of talking in outcomes and the benefits of those outcomes, and not data
Why it’s imperative to have an operating model that supports value-creation
A Joint-Venture model to prove value and take to an investment board
How they’ve used hastags to demonstrate the value of Data & Analytics as an enabler to the business functions in those JV’s
Why ‘data as a product’ has bridged the communication gap and acts as a client success manager
Why PR has been critical in the success of the D&A team and how external validation has helped

...more