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    Data-driven initiative funnel

    Data-driven initiative funnel

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    Observatory
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    Data maturity
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    Astronauts
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    Readiness of business data
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    Data driven level business models
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    Data driven level operational models
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    Data driven level human resources
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    Data driven initiative pipelines
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    Value of launched initiatives
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    Readiness of information factory
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    Readiness of data pipelines
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    Understanding the company’s ability to advance on the data-driven transformation by observing its data-driven initiative funnel along 4 criteria: 1) how many sprint teams are mobilised, 2) the density of initiatives within data-driven ambitions, 3) the time to market of data-driven initiatives, and 4) the collaboration amongst business domains & teams on data-driven initiatives.

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    Number of sprint teams

    :: Assessing to which level the company mobilises sprint teams to drive data-driven innovations.

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    Why care about this?

    Freeing up employees to work in sprint teams on data-driven ideas represents a significant investment for the company, is however crucial to drive the data-driven transformation. The number of sprint teams per business domain provides a good indicator on the level of priority given to the data-driven transformation.

    3-4 sprint teams per domain per year is a fair number. It could be increased, but definitely represents a solid starting point.

    Number of sprint teams per year per domain that work on data-driven ideas

    3-4

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    Initiative density within ambitions

    :: Assessing the number of initiatives launched to explore data-driven ambitions.

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    Why care about this?

    How serious business domains are about exploring data-driven ambitions can be assessed by the number of initiatives that have been launched within the ambition.

    3-4 as number of initiatives developed per ambition shows a quite fragmented idea development approach, especially compared to the 3-4 sprint teams that work on ideas per year. Feel free to Zoom in and discover the which value these initiatives have already realised.

    Number of data-driven initiatives launched within data-driven ambitions

    3-4

    https://axa.oao.xyz/lyman/data-mature-planets/business-for-data/initiative-funnel/launched-initiatives
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    Time to market of data-driven ideas

    :: Assessing how fast data-driven initiatives move from initial idea to implementation.

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    Why care about this?

    The time to market of data-driven initiatives provides a good signal on the speed of having impact through data. This is critical to react quickly to data-driven opportunities.

    12+months as average time to market of data-driven initiatives shows an alarming signal. Business environments change so rapidly that speed in bring data-driven ideas to the market is key.

    Average time to market of data-driven initiatives

    12+ Months

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    Business domain collaboration

    :: Assessing the level of collaboration between business domains on data-driven initiatives.

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    Why care about this?

    Data as shared asset unlocks its full potential when leveraged for innovation across business teams / domains.

    45% as collaboration level shows that more needs to be done to foster the collaboration across entities and teams to work on data-driven initiatives.

    Level of collaboration across different teams / domains in developing data-driven initiatives

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    Value of launched initiatives