July 19, 2022 - July 21, 2022 | Event

16th Annual CDOIQ Symposium

West Monroe is proud to be a diamond sponsor of the upcoming Chief Data Officer and Information Quality Symposium

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When:

Tuesday, July 19, 2022

- Thursday, July 21, 2022

Where:

To be held physically on-site at MIT located in Cambridge, MA. The event will also be livestreamed virtually.

West Monroe is proud to be a diamond sponsor of the upcoming Chief Data Officer and Information Quality Symposium (CDOIQ). The CDOIQ Symposium is one of the key events for sharing and exchanging of cutting-edge ideas, content and discussions. As Data is a critical aspect of every organization, this year’s symposium is focusing on the management and leadership of this critical element for the 21st century that will benefit every organization.

West Monroe will be speaking throughout the symposium on a variety of topics ranging from the data mesh concept to data’s critical role in becoming a digital business. Full speaking session details can be found below. We look forward to connecting both in-person and virtually around these topics! 

Day 1 Speaking Session: Tuesday, July 19

Session title: Data Mesh or Data Mess

Tuesday, July 19 l 2:00PM - 3:00PM EST

The data mesh concept is being touted as the next big thing in analytics data management. But is it just a rehash of distributed data access, data virtualization or data-as-a-service architectures, the data fabric, or the logical data warehouse concept? Is it really a new concept or just marketing lingo? Is the data mesh as-defined comprehensible, implementable, scalable, practical, adaptable? And how does it handle the critical tenets of data warehousing, i.e., subject-orientation, non-volatility, historicity, and time-variance? And what about dimensionality or handling slowly-changing-dimensions? Ultimately, is the data mesh a recipe for an architectural data mess?


Session Panelists: 

Session Moderator: Doug Laney – Data & Analytics Strategy Innovation Fellow, West Monroe 

Doug is a renowned author and advisor on data and analytics strategy. An originator of “Infonomics,” he builds data fluency and derives value from data.

Day 2 Speaking Sessions: Wednesday, July 20

Session title: Bursting Out of Your Data Bubble: An expert panel discussion on external data

Wednesday, July 20 l 3:00PM - 4:00PM EST

External data is the next frontier in data analytics. Even as many firms successfully use their internal data for better decision making, increasingly they are turning to external datasets to further improve visibility and execution in areas such as sales targeting, tracking custom journeys, background screening, supply chain monitoring, competitor monitoring and others.

In this discussion we will dive into the types of data available, how to find and get access to it, and into several specific use cases on how companies across multiple sectors are using external data to drive improved business outcomes.

The external data market is accelerating quickly. This expert session will better prepare you to be an early and successful adopter to help your organization realize the outsized benefits that come along with it.


Session Panelists:

Session Moderator: Doug Laney – Data & Analytics Strategy Innovation Fellow, West Monroe 

Doug is a renowned author and advisor on data and analytics strategy. An originator of “Infonomics,” he builds data fluency and derives value from data.

Session title: Data's Critical Role in Becoming a Digital Business

Wednesday, July 20 l 4:30PM - 6:00PM EST

You hear a lot of business leaders talk about digital transformation. Our take is that digital transformation is a myth. You either run a digital business or you don’t. That starts with a digital mindset.

In this session, Nick Hahn will talk about how to build a digital mindset within your organization and what it means to run a digital business (and why It matters). Nick will outline the 6 areas of what it means to run a digital business with a deep dive into data and its critical role to competing with industry disruptors. After attending this session, you will walk away with:


  • How to take an iterative approach to data governance and gathering
  • How to use various forms of data to make agile business decisions
  • How to mobilize your entire organization to use data

Session Speaker: Nick Hahn – Partner, West Monroe

Nick has more than 35 years of experience as a senior-level strategist, line manager, and digital business leader for global organizations. Nick has a track record for bridging business, customer, technology/data, and organizational perspectives to drive rapid and sustainable Digital Transformation.

Day 3 Speaking Sessions: Thursday, July 21

Session title: Global Study Results: External data uses, benefits and value

Thursday, July 21 l 10:00AM - 11:00AM EST

Shifts in global and local economies due to the Covid-19 pandemic and the discrepant, ever-changing national and local responses have rendered the rudimentary analytic models of many organizations useless, or worse—detrimental to the business. Although forecasts crunching historical data may work fine in normal times when markets are relatively stable, in anomalous times like today these trend-based models falter. In times of turmoil, leading indicators prevail. Economists, business analysts and data scientists are finding that historical data from the last several recessions is of little use today. Trend-based models rely on the company’s own historical data, such as sales or production data, and sometimes macro-level industry data. These formulae expect trends to continue on a similar path and at a similar pace. Driver-based models, on the other hand, rely more on leading indicators of performance or business activity. They incorporate external data about situations or observations that highly correlate to and presage one’s own business outcomes. In this session, Doug Laney will share findings from his groundbreaking global study of external data to explain:

  • What kind of organizations are using external data sources and how
  • Which external data sources are used for which kinds of purposes
  • Which kinds of external data sources are being leveraged the most
  • How the use of external data leads to improved competitiveness
  • Differences in the reliance on external data by high-performing versus low-performing organizations

Session Speaker: Doug Laney – Data & Analytics Strategy Innovation Fellow, West Monroe 

Doug is a renowned author and advisor on data and analytics strategy. An originator of “Infonomics,” he builds data fluency and derives value from data.

Session title: Enabling, supporting, and growing your organization's ESG initiative 

Thursday, July 21 l 3:00PM - 4:00PM

Over the next two years, the majority of organizations will formalize environmental, societal, and governance (ESG) initiatives to underscore and document their corporate concern for the planet, people, and policies. The responsibility for sourcing, integrating, managing, and analyzing all the data necessary to produce these reports will fall squarely upon the shoulders of data and analytics leaders and their departments. Moreover, as ESG standards still are in the formative stages, CDOs and the like will find themselves enmeshed in decisions and planning to determine the portfolio of metrics that will be generated. As these initiatives will consume time and resources beyond the usual data management, technology, and analytics activities, CDOs will have to anticipate and plan accordingly. In this session, West Monroe’s data engineering and analytics senior partner, Penny Wand, will discuss how data & analytics executives and their teams should prepare to participate in ESG planning and enablement activities, including: What is range of ESG requirements and related work products, such as sustainability bonds How to apply a maturity model to determine ESG reporting readiness What new and adapted skills will be required How ESG requirements can positively impact other data & analytics activities and priorities, instead of being a drain upon them What are ESG trends and emerging standards to keep an eye on.

Session Speaker: Penny Wand – Partner, West Monroe

With a background in companies ranging from startups to Fortune 100 firms, Penny has a proven track record of adding value for her clients. Penny’s curious nature helps her understand complex problems and distill them into components. She has worked within and consulted for firms ranging from startups to Fortune 100 companies across multiple industries. 

 

Session speaker: David South – Senior Principal, West Monroe

David brings holistic and innovative perspective to problem solving, including the assessment of sustainability implications and value. David has worked with both private and public-sector organizations to devise innovative, achievable business solutions and strategies for clients challenged by the interaction among various markets.

Questions about connecting with West Monroe at this event?
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