In a world where data is driving innovation in both business and society, many companies are still struggling to drive data transformation, become data driven and realize benefits from their data investments. Significant investments are being made in technology and infrastructure, yet our research shows the biggest challenges are human factors – culture, people, process, or organization. Recognizing that strategies and initiatives often succeed or fail because of these human factors, organizations should also recognize that they cannot take those factors for granted and instead should include a specific change management approach and plan to drive change and transformation in a positive way.
Cultural factors continue to be the greatest obstacle to delivering business value from data investments –
The vast majority of data leaders – 79.8% – continue to cite cultural issues — organizational receptivity to change and business transformation, changes to organizational processes, people and skills, organizational alignment, and communications – as the greatest obstacles to realizing business value, reflecting that change is seldom easy, and organizational transformation tends to move slowly. Yet, investment in people skills such as building data literacy, remain low – just 1.6% cited this as their top investment priority. A sign of hope is that 70.9% of CDO/CDAOs and data leaders report that their firms are receptive to change and organizational transformation.
Findings from Data and Analytics Leadership Executive Survey 2023
At Wavestone, our change management approach starts with and emphasizes business outcomes as defined by business goals and understood through key use cases. Our best practices experience and your local knowledge, combined with our iterative, collaborative approach, accelerates development and execution of the change management plan.
Wavestone drives organizational change management efforts for organizations at all levels of scope and duration; from small agile iterative enhancements to large enterprise transformational initiatives. Our approach is customized to your specific needs, desired outcomes and culture, and includes the following:
Change Management Framework
Alignment with business goals to ensure desired business outcomes
Intermediate milestones that produce value
Execution of communications early and often to achieve lasting benefit
Organizational transformation to build a sustainable data culture
Collaboration between all employees, from entry-level to top-management
Winning the support of employees with persuasiveness and adjustments to overcome inertia and resistance
Ongoing measurement to establish and maintain credibility and momentum
Revise and adapt to stay current and competitive
Wavestone is uniquely positioned to help you through your journey from strategy through implementation, providing the level of support you require for the transformation journey. We can tailor our approach to provide the right level of support that you need to ensure success.
Quick alignment on business needs
Rapid assessment and feedback based on industry best practices
Practical insights and recommendations founded on real-world experience
Business-outcome focused roadmap and action plans
Access to expert, independent, and outside-the-four-walls perspective
John is an award-winning technology executive with over 30 years’ experience in M&A, organizational design, and IT leadership.
Read More He specializes in leading technology transformations and large-scale programs, and is known for his ability to combine an analytical approach with organizational awareness to identify opportunities, develop strategies, and lead across all levels to achieve results. Before joining Wavestone, John held many senior executive roles including CTO and CIO at Towers Watson, CIO of Rosenbluth International, and VP of Corporate Systems at MetLife. He holds a BS from Rutgers University with Magna cum Laude honors and an AA in Accounting from Brandywine College with Summa cum Laude honors.
- John is an award-winning technology executive with over 30 years’ experience in M&A, organizational design, and IT leadership.
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