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08<br />

Becoming an analytics–driven organisation to create value<br />

Becoming a true valuedriven<br />

organisation<br />

Our <strong>res</strong>earch shows that while almost all businesses now<br />

recognise the power of analytics to grow, optimise and<br />

protect value, many continue to be overwhelmed by the<br />

far–reaching changes required to transition to value–<br />

driven decision–making.<br />

Lack of strong leadership and limited investment are<br />

hindering companies at every stage of the <strong>big</strong> <strong>data</strong><br />

journ<strong>ey</strong>, from building a credible business case to ROI<br />

modelling, capability development, project planning<br />

and project delivery. This, in turn, is undermining<br />

the potential for measuring existing value, creating<br />

additional value and protecting value that already exists<br />

in an organisation.<br />

“ Analytics is changing how organisations<br />

make decisions and take actions. Data by<br />

itself has limited value but when managed<br />

as a strategic asset, <strong>data</strong> can change how<br />

organisations compete and win.”<br />

Chris Mazzei, Global Chief Analytics Officer, EY.<br />

24<br />

25

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