Extended Exercise: Finding Your Data Strategy Middle Way

This in-depth exercise is designed for senior leaders to deeply reflect on their data strategy and identify areas where balance is needed.

This extended exercise is based on the “Finding the Middle Way in Data Strategy”

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This in-depth exercise is designed for senior leaders to reflect deeply on their data strategy and identify areas where balance is needed. It's a mindful process that encourages thoughtful consideration and can help uncover valuable insights to drive a more harmonious data strategy.

The Middle Way circle for data strategy

Step 1: Identify Your Data Extremes (10 minutes)

Take a moment to reflect on your current data strategy. Where might your approach be out of balance? Consider the following areas:

• Data Collection vs. Utilization: Are you gathering too much data without using it effectively?

• Short-term Gains vs. Long-term Vision: Are you focused on immediate wins at the expense of long-term growth?

• Technological Investment vs. Business Alignment: Are your tech choices truly serving your business objectives?

• Data Exploration vs. Governance: Do you allow for creativity and experimentation without sacrificing data quality or compliance?