Driven by Data: The Podcast

S4 | Ep 22 | Why Would You Value Your Data like a Balance-Sheet Asset? with Simon Ferriter, CEO at Anmut


Listen Later

In Episode 22, of Season 4, of Driven by Data: The Podcast, Kyle Winterbottom is joined by Simon Ferriter, CEO at Anmut , where they discuss why organisations are valuing their data like other balance sheet assets, which includes;

  • The framework for measuring the value and fitness for purpose of your most important data
  • The role of capital allocation in data assets
  • How most organisations don’t understand which data assets are important to success
  • If data teams lack the business/management acumen to communicate data effectively
  • Why data isn’t treated or managed like other resources and assets in an organisation
  • Not all data has equal importance to decision-making
  • Why the 80-20 rule is likely in play when it comes to data
  • Why data valuation is completely context-dependent
  • The three financial methods for valuing data
  • The importance of social impacts of data (environmental and community)
  • The benefit of putting a financial figure on the value of data assets
  • Why semantics around language are causing confusion
  • Why the financial figure isn’t the end result, it’s what that allows you to do from there
  • Why data valuation drives improved "value"
  • Knowing which data asset is important for which business opportunities
  • Why valuing your data captures the attention of the board and makes it their issue too
  • The under-investment in data management capability and the overinvestment in technology
  • Why the problem statements are fairly universal across industries and organisations
  • Why complexity means intangible assets are overlooked and often undervalued
  • Why accounting standards are no longer fit for purpose in the digital age of today
  • If data should be on the balance sheet
  • Investing in the upstream business process to prevent the need for new tools
  • The benefits that organisations are seeing from valuing their data assets
  • Why Anmut launched a product to help organisations to self-serve on this process

...more
View all episodesView all episodes
Download on the App Store

Driven by Data: The PodcastBy Orbition Group

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

7 ratings


More shows like Driven by Data: The Podcast

View all
Fighting Talk by BBC Radio 5 Live

Fighting Talk

125 Listeners

Pod Save America by Crooked Media

Pod Save America

86,360 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,371 Listeners

Behind the Money by Financial Times

Behind the Money

224 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,537 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

678 Listeners

The Rest Is History by Goalhanger

The Rest Is History

12,054 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,415 Listeners

Kermode & Mayo’s Take by Sony Music Entertainment

Kermode & Mayo’s Take

328 Listeners

CDO Matters Podcast by Profisee

CDO Matters Podcast

9 Listeners

The News Agents by Global

The News Agents

996 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

135 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

309 Listeners

The Rest Is Politics: US by Goalhanger

The Rest Is Politics: US

2,311 Listeners