Building Data Product Leadership

Simplify the path to business value by building a data product capability that merges data strategy with a product mindset.

The world is beginning to revolve around data—and so should you. It’s your ultimate engine for growth, yet for most organizations it’s still largely untapped. Give your data the focus it deserves by managing it with the same discipline and care that development teams use to build modern applications. That means harmonizing your data strategy so you can create and iterateanalytic products that serve all your business stakeholders from a single source of truth.  

 

Building a data products capability requires more than just a few new roles and some different vocabulary. It requires a major shift of your organizational mindset and a laser-like focus on the actions that will deliver the greatest value to your business. Get started today by understanding the gaps in traditional approaches, learning from those who are doing it well, and zeroing in on where and how to drive change in your organization.  

SIX REASONS YOUR ANALYTICS SOLUTIONS ARE FALLING SHORT

What are some of the issues underlying the value gap for internal analytic products? Here are the top six we’ve identified.

APPLYING A PRODUCT MINDSET TO ANALYTICS SOLUTIONS: FIVE LESSONS

Here are five lessons from our experienced product teams using Agile, value-centric approaches that can be applied to data analytics and other internal operational solutions.

THREE ESSENTIAL STEPS TO BUILDING A DATA PRODUCT CAPABILITY

In our experience, there are several critical steps to developing a data product capability. While simple, they are significant to your degree of success. Here are 3 recommendations with proven success.

DATA PRODUCTS IN ACTION

See how the product mindset in action changes the value equation for analytics solutions.

DATA PRODUCT MINDSET POWERS DASHBOARD REINVENTION

We built a data product and analytics platform to power the dashboard system that manages $400+M in maintenance and operations expenses for one of the world’s largest manufacturers of paper and building products. The flexible, scalable platform provides the client with an accurate and easy-to-access single source of insights for reporting and decision-making.

Download the PDF.

STRATEGY + PRODUCT MINDSET = COST-SAVING ANALYTICS

We helped this building products manufacturer to move from a chaotic data landscape to a modern data strategy and scalable analytics product platform that enable rapid, value-based decision-making. One example of the impact: A freight lane analytics solution powered by data from Snowflake’s Data Marketplace that’s delivering an estimated $3M- $5M in annual savings.

Download the PDF.

PORTFOLIO OF NEW DATA APPLICATIONS EMPOWERS DECISION MAKERS

A portfolio of revamped data-driven products is providing this multi-national financial services holding company with the insights to shorten the sales cycle, uncover new business opportunities, and dramatically increase efficiencies across multiple operating units—including a 75% reduction in the legal team’s manual workload. 

Download the PDF.

WHY YOUR ANALYTICS SOLUTIONS ARE FALLING SHORT

SIX REASONS YOUR ANALYTICS SOLUTIONS ARE FALLING SHORT

What are some of the issues underlying the value gap for internal analytic products? Here are the top six we’ve identified.

APPLYING A PRODUCT MINDSET TO ANALYTICS

APPLYING A PRODUCT MINDSET TO ANALYTICS SOLUTIONS: FIVE LESSONS

Here are five lessons from our experienced product teams using Agile, value-centric approaches that can be applied to data analytics and other internal operational solutions.

BUILDING A DATA PRODUCT CAPABILITY

THREE ESSENTIAL STEPS TO BUILDING A DATA PRODUCT CAPABILITY

In our experience, there are several critical steps to developing a data product capability. While simple, they are significant to your degree of success. Here are 3 recommendations with proven success.

CASE STUDIES

DATA PRODUCTS IN ACTION

See how the product mindset in action changes the value equation for analytics solutions.

DATA PRODUCT MINDSET POWERS DASHBOARD REINVENTION

We built a data product and analytics platform to power the dashboard system that manages $400+M in maintenance and operations expenses for one of the world’s largest manufacturers of paper and building products. The flexible, scalable platform provides the client with an accurate and easy-to-access single source of insights for reporting and decision-making.

Download the PDF.

STRATEGY + PRODUCT MINDSET = COST-SAVING ANALYTICS

We helped this building products manufacturer to move from a chaotic data landscape to a modern data strategy and scalable analytics product platform that enable rapid, value-based decision-making. One example of the impact: A freight lane analytics solution powered by data from Snowflake’s Data Marketplace that’s delivering an estimated $3M- $5M in annual savings.

Download the PDF.

PORTFOLIO OF NEW DATA APPLICATIONS EMPOWERS DECISION MAKERS

A portfolio of revamped data-driven products is providing this multi-national financial services holding company with the insights to shorten the sales cycle, uncover new business opportunities, and dramatically increase efficiencies across multiple operating units—including a 75% reduction in the legal team’s manual workload. 

Download the PDF.

We can help you build a data products capability in a way that delivers near-term impact while laying a scalable foundation for the future. Our data architecture and product roadmapping frameworks, combined with our proprietary decision-driven analytics methodology, Decision Architecture, accelerate each step of the process. And our digital product development expertise and digital enablement capabilities ensure best practices across product management, prototyping, Agile, and more.

DATA PRODUCT LEADERSHIP METHODOLOGY

The goal of our Data Product Leadership Methodology is to establish an analytics product roadmap that is 1) driven by prioritized, sustainable value to the business, and 2) enabled by coordinating data strategy and internal capability-building efforts. Our approach comprises three key steps—roll over and click on each area of the graphic for more information:

Project Management…Agile Approaches
Analytics Products RoadmapData Strategy RoadmapInternal Capabilities Roadmap

Analytics Products Roadmap

Start with stakeholder interviews to understand the current state of your analytics—pain points, user community dynamics, current backlog of needs, team capabilities, etc.— and catalog opportunities and recommendations.

Conduct a gap analysis, along with an envisioning session, to:

> Identify specific product development projects and proof of concepts

> Estimate relative revenue opportunity for each

> Prioritize projects based on value and alignment to vision.

Data Strategy Roadmap

Conduct a deep-dive assessment of the current data environment and an exploration of future-state data platform needs to gain a full understanding of the existing platform architecture and data assets.

Use this information to conduct a gap analysis and develop a reference architecture that aligns with and enables the Analytics Product Roadmap.

Internal Capabilities Roadmap

Enable your organization to deliver on the Data Strategy and Analytics Products roadmaps by establishing the capabilities, roles, and processes necessary for success.

> Facilitate a thorough self-assessment of your internal team’s current capabilities.

> Conduct a gap analysis that provides a score for your current capabilities and a desired score for your future-state team.

> Identify ways to close score gaps, catalog improvement recommendations, operationalize the team, and prioritize investments—all based on alignment to value and the data and analytics product vision.

Meet The Authors

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David Mobley

Chief Practices Officer
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Howard Chalmers

Product Management Practice Lead
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Mark Hodgdon

Senior Client Director

LEARN MORE ABOUT OUR PRACTICES

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Data & Analytics

Powered by proven frameworks and a product mindset, Aspirent helps you cut through data and analytics complexity so you can act on and profit from your data.
Application Services Practice

digital product development

Our software architects and engineers work fast, flexibly, and with a focus on results to help clients overcome digital product development challenges and gain a competitive advantage.
Project Execution Practice

digital enablement

Our seasoned consultants use their program, project, and product management expertise to help clients deliver on their strategic priorities quickly and efficiently—from new product development and post-acquisition integrations to tech-driven enterprise transformation, and more.

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