Want to keep learning?

This content is taken from the The Data Lab's online course, Introduction to Data for Business Leaders. Join the course to learn more.

No foundation to build on

Pushing for perfect data and the latest set of tools is costly, time consuming and distracting. Organisations that take small steps that deliver value tend to get buy-in at a quicker pace because the organisation sees a return for its investment.

 Image showing concernsrelating to not having a foundation. I don't have the technical data skills to do this. I don't have the newest tools. Our data isn't good enough.  To overcome that lack of assets and skills, take small steps with partners lack of foundation (Click to expand)

Also, focusing on what you have, not what you haven’t, allows you to concentrate your energy in the places you are most likely to succeed. So that when you do need investment to get the data or tools that are currently missing, investors already associate you with delivering value.

Fundamental to a solid foundation is good people, so concentrating on building your core team is a sensible first step. An initial lack of skills needn’t be a barrier.

Share this article:

This article is from the free online course:

Driving Value from Data

The Data Lab

Get a taste of this course

Find out what this course is like by previewing some of the course steps before you join: