D&A and Innovation Strategy

in construction

Key Elements of a D&A and Innovation Strategy

McKinsey identified Ontology, Governance, MDM and a flexible D&A platform as key elements for a Successful Data Strategy. We have been doing these key elements for more than 15 years before their extensive survey was published, in 2018, covering more than a thousand organizations across geographies and industries.

Now, since our strategy covers analytics and innovation in addition to data we added 3 additional key elements:

• SMART Business Objectives
• Use Cases & Business Cases
• Strategy & Roadmaps.

The intents are:

• Aligning the roadmaps with the business objectives and keep them aligned since Business Objectives change over time
• Defining roadmaps to sequence these projects in order to implement the strategy
• Integrating an innovation process, which includes AI, as part of the Use Cases key element.