S3 | Ep 1 | Valuing Your Data as an Asset with Davin Crowley-Sweet, CDO at National Highways

<p>In Episode 1 of Season 3, of Driven By Data: The Podcast our CEO Kyle Winterbottom is joined by Davin Crowley-Sweet, Chief Data Officer at National Highways, where they discuss how to value your data like you value any other asset, which includes;</p><ul><li>Why CDO’s shouldn’t expect organisations to know what they want/need </li><li>How data is an intangible digital asset that can be valued like any other asset whether you do something with it or not</li><li>The difference between “value” and “benefits” are how we’re confusing them</li><li>Why it makes no sense that our balance sheet tells us more about our furniture than it does about data </li><li>How he was able to value the data asset at £60 billion which was 50% of the value of the roads and 10x more than their technology assets </li><li>Why valuing your data drives proportionate capital investment into it</li><li>Data Literacy V Business Literacy </li><li>How the data strategy took 12 months to complete, included input from 300 people and identified circa £1 billion of potential upside </li><li>The role that Anmut played in helping to value their data assets</li><li>How they calculated it would cost £300m to realise £1bn in return and the strategy to do that cost £3m</li><li>How one project cost £400K to deliver over 6 months and returned £60 million</li><li>The difference between quick wins and being opportunistic </li><li>Why you must be a business leader first and a data leader second </li><li>Why you have to frame data in a language your business understands </li><li>How being able to quantify &amp; articulate the value and benefits of data has made attracting talent much easier </li><li>The mistakes he made at the start</li><li>Why you need to be disruptive but not cause disruption</li></ul><br/>