If you are looking to innovate, adapt, or transform your business in the future, The Zinnovants might inspire your next step in using data to drive innovation.
In challenging times, successful businesses turn their data into insights and leverage its potential to challenge their business models and drive innovation.
Subsequently, they monitor their business insights and use this knowledge to adjust their strategy through data-driven analyses and forward-looking simulations. It is an ongoing process that delivers significant added value.
By combining data generated from multiple sources, you will enhance your understanding of your business, improve decision-making and processes, and potentially uncover new business opportunities.
But this doesn’t happen without a transition! Watch the 2 Zinnovators videos to discover the initial steps you need to take to lay the groundwork for turning data into innovation.
The Zinnovants: Transformation data into insights & information! (Part 1)
The 3 takeaways from The Zinnovants
Extracting
relevant insights
Structuring, cleaning, and combining different data sources to prepare for the next step.
Developing Organizational Knowledge
Sharing and integrating the aforementioned data within your business.
Transform insights into entrepreneurial developments
by convincing your people and mobilizing key resources with the knowledge gathered.
What else can data do for you when it comes to innovation?
Now that you know how to collect, process, and use data in a business environment, it’s time to take it further.
It is essential to view data as an asset. There are many ways to create value with data.
But to do so, we must define clear and strategic priorities.
That’s why the Zinnovators have created another video explaining how they learned to monetize their data. Watch the video below to learn more!
The Zinnovants: Data-Driven Innovation Strategies (Part 2)
To innovate with data, you must consider the following 3 strategic opportunities:
Improve the efficiency and resilience of your existing business.
Identify and seize new business opportunities using this new information.
Identify the key knowledge to develop and secure for the future.
Are you ready to innovate? Let's talk!
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I want to use data to drive innovation in my business.