The importance of aligning data strategy to business strategy - Alasdair Moore
Manage episode 407541138 series 3563258
Alasdair Moore, Co-founder & CEO of IDS, shares insights from his experience building IDS, a leading data consultancy. He discusses the crucial role of reliable data in informing sound business strategies and decisions.
Alasdair explains how poor data quality can negatively impact organisations by leading to incorrect decision-making, setting unrealistic expectations, and reducing trust. He emphasises the importance of aligning data strategies with overall business goals to avoid departments working at cross-purposes.
Alasdair also reflects on the importance of delegation and trust in allowing a business to scale effectively. He believes that leaders must be willing to share responsibility, let go of control, and trust others to achieve their vision for organisational success and growth.
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