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Increasing Your Organization's Data & AI Maturity

September 2024
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Every company wants to get better at using data and AI, but it's easier said than done. The place to begin is understanding your current level of data and AI maturity. From there, you can put a plan in place to improve.In this session, John Thompson, the Head of AI at EY, and Robin Sutara, a Field Chief Data Strategy Officer at Databricks, teach you how to assess your data and AI maturity, and how to improve it. You'll learn how to form a strategy, and fit the technology, people, and processes into place to execute it.

Key Takeaways:

  • Learn how to assess your organization's data and AI maturity.
  • Understand the ways to improve the technology, people, and process aspects to your maturity level.
  • Learn how to form and execute a strategy for improving data and AI maturity.

Resources

Summary

Data and AI maturity is an important factor for organizations aiming to utilize data effectively. Recognizing one's present data environment—including platforms, procedures, and talent—is the initial step in evaluating data maturity. It is vital to inspect variances between departments and teams for detailed insights. Data maturity not only relates to current assessment but also preparations for future enhancements. The session shared knowledge from experts like John Thompson, head of AI at EY, and Robin Sutara, field chief data strategy officer at Databricks. They accentuated the significance of organizational alignment with business goals and the requirement for top-level support in pushing data maturity initiatives. The session emphasized the need for clear objectives, such as improving operational efficiency or enhancing customer service, to direct data maturity efforts. Effective data usage also includes educating employees across varying levels and roles. Lastly, the speakers stressed the significance of gradual progress and constant communication in the path towards data maturity.

Key Takeaways:

  • Data maturity demands an exhaustive understanding of current data platforms, procedures, and talent.
  • Organizational variances should be considered for a more detailed understanding of data maturity.
  • Top-level support is important for pushing data maturity initiatives.
  • Clear business objectives are required to direct data maturity efforts.
  • Gradual progress and constant communication are essential in the data maturity path.

Deep Dives

Understanding Data Maturity

Data maturity involves ev ...
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aluating an organization's present data capabilities and planning for future enhancements. As Richie pointed out, "If you want to get better at working with data, you need to know what your current data setup is like." This means understanding the data platforms in use, the procedures established, and the available talent. Robin Sutara emphasized the importance of considering variances between departments and teams to gain a detailed understanding of the organization's data maturity. She noted, "You have to do it as you would any change management across your organization." The process of evaluating data maturity should be aligned with the organization's strategic goals and adjusted to the specific needs of different business units.

The Role of Top-Level Support

Top-level support plays an important role in pushing data maturity initiatives. As John Thompson mentioned, "If you're really driving change, it needs to be in one of the senior executives in the organization." Without the backing of the C-suite, efforts to enhance data maturity may falter. It is also vital for executives to articulate clear business objectives, such as reducing operational costs or enhancing customer service. Robin Sutara added, "There has to be some level of accountability and responsibility at every part of the organization," highlighting the need for a collaborative approach.

Linking Data Maturity to Business Goals

Data maturity efforts must be aligned with the organization's business goals. Robin Sutara suggested focusing on key areas such as empowering employees, optimizing operational procedures, increasing revenue, and delivering better services. She stated, "If you're not thinking about the people in process, it'll never execute." This means that technology alone cannot drive data maturity; there must be a combined effort to align data initiatives with strategic business objectives. By doing so, organizations can ensure that data maturity efforts are not only effective but also sustainable.

The Importance of Training and Communication

Educating employees across varying levels and roles is a vital aspect of improving data maturity. John Thompson shared his experience at EY, where a structured training program was implemented to raise data literacy across the organization. He noted, "Organized by persona, bring it down to a point where it's manageable." Constant communication is also vital, as Robin Sutara pointed out, "Over-communicate, communicate, communicate." By ensuring that all employees are engaged and informed, organizations can promote a culture of data-driven decision-making and facilitate the path towards data maturity.


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