The Blueprint For Building a Data Culture in the Office of the CFO
Data makes the world go ‘round. If it’s not already essential to your entire finance organization – and beyond – then it will be soon. But data doesn’t exist in a vacuum. It requires the right ecosystem to truly spread its informative wings and drive the type of business intelligence that separates the haves from the have-nots. The winners from the losers.
That’s what makes a robust data culture so critical to your enterprise’s future, beginning in the office of the CFO – it can transform your company into a forward-looking, business intelligence-generating, data-driven and decision-making marvel. And that’s not hyperbole. It’s also why we created our guide, The Blueprint for Building a Data Culture in the Office of the CFO, where we provide a step-by-step process you can use to build, foster, and expand an ever-important data culture, covering key topics like:
- Developing a data culture gameplan
- Building a framework
- Implementing a new culture
- Helping that culture grow
Let Finance Lead the Way
Granted, finance and accounting aren’t the only business units that will benefit from a data culture and digital transformation. However, this is one of the areas where a finance organization is best equipped to lead the charge, with operational data serving as the lifeblood for the office of the CFO.
That means your people – the accountants and finance professionals across your finance organization – are instrumental to your ultimate success or failure in embracing a genuinely data-driven mindset. And those people will likely have doubts, worries, misconceptions, and confusion over your warm embrace of all things data. Because that’s what human beings do.
Thankfully, our Blueprint helps you address all of those potential roadblocks – not to mention data literacy, silos, crucial metrics, and an overarching data strategy, amongst others – with plain-English advice we use with our own clients. Put another way, we don’t rely on the theoretical concepts you’ll find in so many other musings on creating a data-driven culture. Instead, The Blueprint For Building a Data Culture in the Office of the CFO is chock-full of practical, battle-tested insights and best practices that will help you hit the ground running.
Use the Right Tools
Of course, the onus of transforming data analytics into ROI-driving business information doesn't fall exclusively on your people. No, it also depends on you, along with the C-suite itself, to provide the right tools and effective top-down communication to establish buy-in and breathe life into your data culture.
Therefore, as we discuss in our guide, it’s important to have data sources and systems that can generate the clean, relevant, timely datasets that will propel data analysis and, ultimately, your people and decision-making process forward. Further, automation solutions and visualization tools like self-service dashboards make your data efficient, convenient, and digestible, helping you become the data-driven organization of your dreams.
The bottom line – whether you’re a noob or novice, just curious or committed, The Blueprint For Building a Data Culture in the Office of the CFO is for you. So on that note, stop wasting daylight and download our critical insights to start taking action today. It’s time to make the office of the CFO the decision-making hub it was always meant to be, and that starts with a data-driven culture.