Podchaser Logo Rate on Podchaser

Episode 40

full
Published on:

22nd Jun 2021

Ep 40 | Demonstrating Business Value & The Financial Impact with Jason Krantz, CEO/Founder at Strategy Titan

In Episode 40 of Driven by Data: The Podcast, Kyle Winterbottom is joined by Jason Krantz, CEO/Founder at Strategy Titan, where they discuss how to demonstrate the business value and financial impact of our Data & Analytics initiatives, which includes:

  • Our job is to create clarity on how data can help the business reach its goals
  • Why we need to find a balance between data literacy and business literacy    
  • The importance of business context  
  • Why its impossible to translate how D&A initiatives benefit the business without business literacy
  • Push Versus Pull: why you’ve got to embrace the pull model     
  • Why you need to get out from behind your keyboard to set yourself apart
  • We are in a battle of hearts of minds, not technology   
  • Why you should start by creating demand and how to do so
  • The importance of knowing how the score is kept and keeping score!
  • How to quantify the financial benefits and/or business benefits before starting a project    
  • The importance of understanding the decision making culture within your organisation      
  • Why it reflects on you as a leader if change doesn’t occur
  • The “cost” of data & analytics capabilities are simply table stakes to remain competitive 
  • Why we should calculate the financial value as opposed to ROI
  • Why it’s on the organisation to gauge the financial value generated
  • Why offensive initiatives are easier to quantify the financial value generated
  • How to be in alignment with decision-makers that are acting on your recommendations to be able to claim added value
Next Episode All Episodes Previous Episode

Listen for free

Show artwork for Driven by Data: The Podcast

About the Podcast

Driven by Data: The Podcast
Designed for Data Enthusiasts to hear from the Data & Analytics industry's thought leaders
Orbition Group is delighted to bring you this podcast series, which is designed for Data Enthusiasts, to hear from some of the most high-profile Data, Analytics and AI thought leaders from around the globe.

Each episode will detail the guests journey to the top while bringing unique insights, drawn from first-hand experience on the industry’s most trending topics.

This podcast was created as a way for our industry's most respected leadership figures from across the world to give back to the Data & Analytics community, by sharing; knowledge, experiences and ideas, to inspire, innovate and provide real-life use cases on the industries most pressing topics/challenges.

About your host

Profile picture for Kyle Winterbottom

Kyle Winterbottom

Founder of Orbition Group, a Search and Talent Solutions business that operates exclusively within the world of Data, Analytics & AI.

I am hugely passionate about enabling organisations to drive decisions and obtain value from the use of Data, Analytics & Artificial Intelligence.

As such, I believe it is imperative that as a community, we share; knowledge, ideas, real-life use cases and inspiration to collectively give back to our industry.

Given my fortunate position of speaking with hundreds, if not thousands of leadership figures within the global Data & Analytics community each year , I feel it is my duty to share the successes, failures, challenges and opportunities.

Therefore, I have positioned Orbition Group to be a facilitator of that knowledge sharing, through these podcasts, events we host and public speaking.