Episode 31

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Published on:

6th Jun 2023

S3 | Ep 31 | How to Deliver Measurable Value With Your Data Strategy with Taylor Culver, Founder at XenoDATA

In Episode 31 of Season 3, of Driven by Data: The Podcast, Kyle Winterbottom is joined by Taylor Culver, Founder of XenoData, where they discuss how Data Leaders can deliverable measurable value from their data strategy, which includes;

  • Why ROI is a 'nice to have' for company executives, not a priority
  • Innovation is what company execs and shareholders care about the most
  • Finance leaders don’t measure impact on ROI, but IRR
  • Organisations will happily spend on capex but not an opex, and what that means for Data Leaders
  • Why culture and literacy aren’t the magic bullet, but good leadership is
  • Data isn’t an asset, and if it was, why it wouldn’t be a good asset to have
  • Why Data Leaders need to focus on adding the enterprise value of a firm
  • If you’re being held accountable for ROI as a Data Leader then you’re already on the way out!
  • Why Data Leaders already have everything they need to be successful
  • The relationship between “value” and “ROI”
  • Why innovation is what company execs and shareholders care about the most
  • Why intangible value is far greater than the ROI you’ll generate
  • Why finance leaders don’t measure impact on ROI, but IRR
  • How data leaders can quantify their impact
  • The importance of language
  • Calculating the financial impact of data initiatives
  • The differences between quantifying tangible and intangible benefits
  • How ROI merely makes you more credible as a Data Leader
  • Why organisations keep investing capital into data initiatives
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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

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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.