Defining Your Data Strategy
Learning Outcomes
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What’s Included
Introduction to Data Strategies
Introduction to Data Strategies
A data strategy can help you understand how your company can use and derive value from data using data science techniques. Learn what data science and data strategies are in this lesson.
The Growth of Data in Business
The Growth of Data in Business
Data collection is increasingly prominent in modern businesses, but that doesn't mean that companies understand the value of this data. In this lesson, you'll learn how everyday business activities lead to data collection, and some advantages of making use of that data.
Overview of Data Science
Overview of Data Science
Data science is a field of study that extracts value from data. In this lesson, we'll learn what this means, and we'll introduce the role of data scientists in your company, learning what tasks they do and how they complete them.
Data Science in Business
Data Science in Business
Data science is still an area that is rapidly growing in importance for businesses. In this lesson, we'll learn what factors can tell you when data science has the potential to deliver value for your company.
Benefits and Challenges of Data Science
Benefits and Challenges of Data Science
There are many benefits to implementing data science methods in your company, but also challenges you need to be aware of. Learn about both of these in this lesson.
Introducing a Data Strategy
Introducing a Data Strategy
A data strategy can give you a much greater understanding of how data should be used across your company. In this lesson, we'll introduce the problems that can be solved with a data strategy, and when you should introduce one.
Structuring a Data Strategy
Structuring a Data Strategy
Various templates and models exist for developing a data strategy for your company. In this lesson, we introduce a data strategy framework that we'll expand on in the rest of this course.
Understanding Your Data Needs
Understanding Your Data Needs
There are various issues that need to be considered as part of your data strategy. Firstly, you'll need to identify what data you need and where you can find it. Learn what factors you need to consider when doing this in this lesson.
Practicing Good Data Governance
Practicing Good Data Governance
Good data governance procedures are an essential part of data usage in any company. In this lesson, we introduce the concept of data governance, and explain the governance issues you need to consider as part of your data strategy.
Understanding Data Storage Issues
Understanding Data Storage Issues
One of the more technical issues you need to consider in your data strategy is where your data is stored. In this lesson, we'll learn about different data storage options, and the importance of ensuring that your company's data has a Single Source of Truth.
Processing and Outputting Data
Processing and Outputting Data
Data processing represents how you transform your data into a sensible format for analysis, and data output represents how you present your data after analyzing it. In this lesson, you'll learn how to incorporate both these activities into your data strategy.
Building Data Skills
Building Data Skills
In order to use data effectively, you'll need employees with the requisite degree of skills. In this lesson, we'll learn what skills your employees will need, and how you can develop them.
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