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Lack of agreed value

A number of these challenges arise due to a lack of focus on value.

Image showing lack of value (too risky, survived this long so why now, all costs too much). Overcome these challenges by focusing on value
Lack of Value (Click to expand)

A number of these challenges arise due to a lack of focus on value.

If the value to the organisation isn’t clear it makes it difficult to accept the changes required, to justify the costs and to mitigate the risk. So a focus on value allows you to make more conscious decisions about the costs and risks associated with achieving the outcomes you desire.

Hopefully the case studies and interviews so far have helped you to understand where value lies and inspired you with ideas for where to begin.

Overcome the cost challenge by focusing on the value to your organisation.

When you reflect on this, is it clear to you what is valuable to your organisation?

Are there any thoughts or observations that you would like to share?

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This article is from the free online course:

Introduction to Data for Business Leaders

The Data Lab

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