.png){kind=logo}
Newsletter October 2024
Welcome to our monthly newsletter - where we let you know what's been happening in the world of data.
Welcome to our monthly newsletter - where we let you know what's been happening in the world of data, keep you in the loop with our latest blog releases, highlight our top news picks and share with you exclusive updates from the team at DAMA UK.
______________________________________________
Dear Data People,
The changing of the clocks kindly gives us an extra hour but how many of us think about doing something productive with it?
OK, so a lie-in and the opportunity to recuperate could be classed as productive and are certainly very welcome but we can think of a few other things you could do with an extra hour.
How about catching up with one of our brilliant past webinars or scrolling back through our LinkedIn posts for interesting articles we’ve shared. Otherwise you could spend an hour checking in with your data team, reviewing your data record keeping or creating some wonderful visual outputs to illustrate the value of your data.
For now though, we hope this month’s top picks hold your interest and provide a little autumn food for thought 🍂.
Top Picks from the last few weeks
Product Management
Managing data products is fundamentally different from managing software products.
When we consider data as a product, we naturally adopt a more user-first perspective, emphasising accessibility and usability.
However, as Sebastian rightly points out, data management requires more than rapid iteration and market fit. The longevity, integrity and governance of data demand a different kind of stewardship than traditional products, where speed-to-market often trumps long term sustainability.
Video Games & Data Fragmentation?
A well thought out structure can go a long way when it comes to data management.
In this case study by EY, it is demonstrated how a leading video game company overcame data fragmentation issues post-acquisition by implementing a strong data management strategy.
Strategic Thinking
A successful data strategy SHOULD unify both business and IT perspectives, otherwise known as a ‘business-led, technology-enabled’ approach.
This alignment ensures that data is treated as a shared asset across the organisation, helping to reduce redundancy.
In terms of additional thoughts that could complement your framework, here are a few:
💭 A data strategy should clarify not only business outcomes but also key metrics like data quality, usage patterns and technology adoption. This helps ensure consistent evaluation of data initiatives across the organisation, aligning them with the overall business goals.
And there ‘s more…
Solid Foundations
Data quality is more than just a buzzword; it's a critical component of any organisation's data strategy.
And poor data quality can cost organisations significantly - Gartner estimated an average annual cost of $12.9 million due to data quality issues in 2020.
So what are some of the best practices data professionals can take within their organisations to ensure data quality remains high?
Diary Dates
📢 MEMBERS ONLY WEBINAR
Mentoring is well known to have immense professional and personal benefits for BOTH mentors and mentees.
If you’re wondering if you have what it takes to be a mentor and share your experience to help someone, OR if you feel you could really benefit from some extra help, this webinar will be perfect for you.
Did You Miss...
😭 DID YOU MISS IT? Last week’s public webinar: Reducing Data Risk Through Effective Records Management
We all know how lax data governance and retention policies can lead to all manner of problems including increased audit and litigation risks, higher IT costs, and challenges in meeting evolving standards.
Mitigating these risks requires a systematic approach to data retention, excellent record keeping and adhering to industry best practices. Who better to tell us how than Anusha and shuruj from EY?!
We happen to think this webinar is a really important one so, if you missed it be sure to catch up here
Our Partners & Sponsors
Finally, we would like to say a HUGE thank you to all of our brilliant sponsors, who support DAMA UK on our mission to nurture a talented community of data professionals championing the value of data management across the UK.
