Collaboration is key to formulate and implement Data strategy

Data Transformers Podcast
Collaboration is key to formulate and implement Data strategy
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Episode Title : Collaboration is key to formulate and implement Data strategy

Episode Summary: A data strategy and data policies resulting from the strategy should be a collaborative approach. Diane explains the process in which London Stock Exchange Group (LESG) went through the survey process to collaborate with stakeholders to get their feedback and in the process elevate the level of data literacy. The episode also covers how Diane started as a data modeler but took advantage of the opportunities thrown at her and worked hard to become a CDO. With respect to trends, Diane emphasized the need to take advantage of latest tooling to improve visualization in analytics. Finally, Diane discussed her perspectives on being a woman in technology field and her advice to others.

Topics discussed in this episode:

Formulating a community driven data policy (02:00): Diane set out a survey with 3 parts and received 70% return. First set of questions was about the awareness of policy and this actually made respondents more aware of policy. Second part asked them to rate the policy from 0 to 5. The 3rd part asked them to respond and the comments were coded. With 600 comments, major themes emerged. So a CDO should base their decisions on the feedback of people who are going to be impacted.

Diane’s professional journey from a data modeler (10:00): Success comes through hard work and opportunities. With Freddie Mac and Fannie Mae, there were many opportunities around the 2000s to fix many issues and keep the business running. And that opened up many opportunities for Diane. And the second opportunity outside of Fannie Mae to start a department from scratch. The opportunity involved lots of travel including international travel.

Advice to aspiring individuals (14:24): Hard work is given. Networking is important. Keep updated on skills. Take advantage of the training. Know what not to learn. End of the day, it’s each individual’s job to be accountable and responsible for their own development. 

Current and future trends (16:00): Now organizations have a lot of tooling options. As visualization is a very powerful way to help make decisions, any tooling that helps with visualization is key.
Women in Tech journey (19:00): Diane’s perspective of being a woman in a tech industry is that she kept the noise out and put her head down to get work done. There have been instances early in the career where she was treated differently but Diane didn’t let those instances bother her. At times, she did feel the pressure of having to prove harder to get ahead. She worked harder to prove herself.

Resources mentioned in this episode:

Podcast website: https://DataTransformersPodcast.Com

Data Transformers Podcast

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Join Peggy and Ramesh as they explore the exciting world of Data Management, Data Analytics, Data Governance, Data Privacy, Data Security, Artificial Intelligence, Cloud Computing, Internet Of Things.

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