244: Companies are Failing to Be Data Driven

Mike, Seth, & Tommy delve into the alarming findings of NewVantage Partners' 2019 Big Data and AI Executive Survey, which revealed that companies are failing in their efforts to become data-driven despite investing heavily in big data and analytics. They discuss the main obstacles faced by firms, such as a lack of data culture and treating data as a business asset, and why people and process issues are the main challenges to successful business adoption of Big Data/AI initiatives. https://hbr.org/2019/02/companies-are-failing-in-their-efforts-to-become-data-driven Get in touch: Send in your questions or topics you want us to discuss by tweeting to @PowerBITips with the hashtag #empMailbag or submit on the PowerBI.tips Podcast Page. Visit PowerBI.tips: https://powerbi.tips/ Watch the episodes live every Tuesday and Thursday morning at 730am CST on YouTube: https://www.youtube.com/powerbitips Subscribe on Spotify: https://open.spotify.com/show/230fp78XmHHRXTiYICRLVv Subscribe on Apple: https://podcasts.apple.com/us/podcast/explicit-measures-podcast/id1568944083‎ Check Out Community Jam: https://jam.powerbi.tips Follow Mike: https://www.linkedin.com/in/michaelcarlo/ Follow Seth: https://www.linkedin.com/in/seth-bauer/ Follow Tommy: https://www.linkedin.com/in/tommypuglia/