This report by Alvarez & Marsal addresses how data can fuel innovation, drive top and bottom line performance improvement, and provide the basis for completely new business models.
The report outlines five critical steps for transforming data into a strategic asset:
- Define a clear vision and strategy for Data Management
- Define a fit for purpose operating model for Information Management
- Implement the Information Management operating model
- Define a scalable and connected technical architecture
- Embed the use and capture of information into ways of working throughout the business
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