S3 | Ep 16 | Delivering £500m in Value with Benny (Clive) Benford, Chief Data Officer, Formerly of JLR
Driven by Data: The Podcast - A podcast by Orbition Group
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In Episode 16 of Season 3, of Driven By Data: The Podcast, Kyle Winterbottom is joined by Benny (Clive) Benford, Chief Data Officer, Formerly of Jaguar LandRover (JLR), where they discuss the journey to realising £500m in commercial value through data and analytics, which includes; The journey of building a Data & Analytics function at JLRHow they unlocked and realised £500m worth of commercial benefit and value How to ensure the data team is consistently delivering valueThe importance of having a process of engagement How to prioritise the workload and the value the potential return of each project How to allocate/attribute value The mission statement of creating £1m of value per team member, per year Transforming decision-making across an entire enterprise Why it’s important for senior data leadership needs to wait for the right career opportunity Why the conditions are so important to successWhy most business users/leaders don’t view data as something that can provide “value” Making the business case for large-scale investment Why you need to agree on the value before you commit to any project The impact of the hype in Data & Analytics Why there are so many instances where organisations are tech-first and value-lastWho’s to blame for a lack of ROIWhy it’s so important to have a range of skills and not just data/technical skills Why over 1/3 of the team didn’t have a technical skillset Why everyone underestimates the level of change required to deliver value The importance of a communication strategy and how to utilise it well How they quantified that if they could deliver all projects, there would be £1.2b of value The importance of your people knowing why they’re doing the workHow they built an apprenticeship programme of 700 people (15-17% of all data apprentices in UK) Where the responsibility of the data team endsWhy it’s better to start without the big infrastructure projectWhy they received funding to invest in people but had the technology budget cut