S5 | E10 | Quantifying Your Value: The framework used to realise £100m profit with Peter Everill

In Episode 10, of Season 5 of Driven by Data: The Podcast, Kyle Winterbottom is joined by Peter Everill, AI, ML & Data Product Leader for a European Retailer for a LinkedIn Live event, and they discuss the importance of quantifying value, in which they talk about:How data can significantly impact P&L performanceWhy the USP of the data team lies in identifying where to focus and what action to takeThe importance of metrics in making performance observable and driving decisionsThe risk of internal data teams falling behind without a structured consultancy methodologyHow improving business literacy in data teams helps focus on the right metricsThe role of methodology in influencing P&L outcomesWhy winning over senior management is crucial for successThe need for metrics that drive actionable insights and business performanceWhy not everyone wants to be data-driven—and how to choose the right sponsorsThe cultural adoption of metrics and its impact on business successUnderstanding failure states to identify areas for improvementHow collaboration between data teams and business stakeholders drives better outcomesWhy data literacy shouldn’t be a burden on business usersThe common gap in business process mapping within organisationsWhy engaging finance teams is essential for understanding P&L impactThe importance of quick wins in gaining stakeholder supportWhy cultural openness to data is necessary for effective implementationWhy actionable, role-specific metrics lead to better business adoptionThanks 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.