S4 | Ep 42 | Two Years On - What Happens After Putting a Valuation on Your Data Assets with Davin Crowley-Sweet, CDO at National Highways

In Episode 42, of Season 4, of Driven by Data: The Podcast, Kyle Winterbottom is re-joined by Davin Crowley-Sweet, Chief Data Officer at National Highways. After Davin's first appearance almost 2 years ago (still the most listened-to episode of all time) they discuss what’s unfolded since valuing their data as an asset and the failings of the D&A industry, which includes; Why CDOs are playing musical chairs The language of business is finance and what that means for dataMaking data an asset class in its own right Why your job is to create clarity from ambiguity Recognising the difference between conflict and tension Why data professionals hide too much behind technical skills Putting a valuation on your data asset and the benefits of doing so Why the valuation is merely a means to an end The difference between valuation, value, benefits and monetisationWhy being an enabler may provide good benefits but won’t capitalise on the value of the data The relationship between valuing your data asset and capital allocation How valuing the data asset has changed the business model How data people create new meanings from words that already exist and wonder why they’re being misunderstood Why it’s easier to make a data team business literate than it is to make an entire business data literateWhy you don’t need a ‘data culture’ Why there’s a fear of speaking about failure in the D&A industry Why creating a strategy was the biggest failure of his career Why earning trust and emotional commitment of the organisation is critical to successData is hard because the job exists to challenge senior leaders' belief systems Why “you’re mental” if you think technology will fix that problem Why the future skillset of the CDO is more aligned to psychologists and philosophers What you should do today as a D&A professional if you want to make a differenceThanks to our sponsor, Data Literacy Academy.Data Literacy Academy is leading the way in transforming enterprise workforces with data literacy across the organisation, through a combination of change management and education. In today's data-centric world, being data literate is no longer a luxury, it's a necessity.If you want successful data product adoption, and to keep driving innovation within your business, you need to start with data literacy first.At Data Literacy Academy, we don't just teach data skills. We empower individuals and teams to think critically, analyse effectively, and make decisions confidently based on data. We're bridging the gap between business and data teams, so they can all work towards aligned outcomes.From those taking their first steps in data literacy to seasoned experts looking to fine-tune their skills, our data experts provide tailored classes for every stage. But it's not just learning tracks that we offer. We embed a deep data culture shift through a transformative change management programme.We take a people-first approach, working closely with your executive team to win the hearts and minds. We know this will drive the company-wide impact that data teams want to achieve.Get in touch and find out how you can unlock the full potential of data in your organisation. Learn more at www.dl-academy.com.