S4 | Ep 42 | Two Years On - What Happens After Putting a Valuation on Your Data Assets with Davin Crowley-Sweet, CDO at National Highways
In Episode 42, of Season 4, of Driven by Data: The Podcast, Kyle Winterbottom is re-joined by Davin Crowley-Sweet, Chief Data Officer at National Highways.
After Davin's first appearance almost 2 years ago (still the most listened-to episode of all time) they discuss what’s unfolded since valuing their data as an asset and the failings of the D&A industry, which includes;
- Why CDOs are playing musical chairs
- The language of business is finance and what that means for data
- Making data an asset class in its own right
- Why your job is to create clarity from ambiguity
- Recognising the difference between conflict and tension
- Why data professionals hide too much behind technical skills
- Putting a valuation on your data asset and the benefits of doing so
- Why the valuation is merely a means to an end
- The difference between valuation, value, benefits and monetisation
- Why being an enabler may provide good benefits but won’t capitalise on the value of the data
- The relationship between valuing your data asset and capital allocation
- How valuing the data asset has changed the business model
- How data people create new meanings from words that already exist and wonder why they’re being misunderstood
- Why it’s easier to make a data team business literate than it is to make an entire business data literate
- Why you don’t need a ‘data culture’
- Why there’s a fear of speaking about failure in the D&A industry
- Why creating a strategy was the biggest failure of his career
- Why earning trust and emotional commitment of the organisation is critical to success
- Data is hard because the job exists to challenge senior leaders' belief systems
- Why “you’re mental” if you think technology will fix that problem
- Why the future skillset of the CDO is more aligned to psychologists and philosophers
- What you should do today as a D&A professional if you want to make a difference
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