Episode 4: The Role of the Board in Maximising the Value of Data

Episode 4: The Role of the Board in Maximising the Value of Data

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Show Notes

Have you ever wondered what your organisation’s Board are thinking, when it comes to data use? In this episode, Dr Genevieve Hayes is joined by Dr Stuart Black to discuss the attitudes of Boards to data use and their implications for the organisations they govern.

Guest Bio

Dr Stuart Black is an Enterprise Fellow in data, analytics, disruption and innovation at the University of Melbourne. Prior to joining academia, Stuart spent 30 years in professional services and industry, at employers including Deloitte, where he was Senior Partner, National Australia Bank and AT Kearney. He is also a co-author of the recently released book Business Model Transformation – the AI and Cloud Technology Revolution.

Talking Points

  • The Board’s role in catalysing and controlling data-driven business model transformation.
  • What is meant by the secondary use of data and what are some of the opportunities and threats presented by it?
  • Why intellectual curiosity is more important than prior data experience in maximising the competitive advantage of data.
  • The importance of taking a medium term view when it comes to data initiatives.
  • The key Board attributes that determine an organisation’s attitudes towards data as an enabler of strategy.
  • Strategies for shifting the attitude of your Board in order to encourage a mindset that is more supportive of data initiatives.

Links

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Value Driven Data Science
Episode 4: The Role of the Board in Maximising the Value of Data
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