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Data & Analytics, Business Strategy, Change Management, Risk Management, Business Reporting Optimization

1 minute read

‘In a Data Relationship:’ Getting Employees on Board with Effective Data Management

Feb 7, 2022

Written by: Stephanie Lennon

We can pretty much agree that information drives business today, and using it strategically raises revenue exponentially. 

But without the proper guardrails on data, you risk losing that competitive edge – and so much more. Given the significant investment you’ve put into that precious business resource, you need to give equal weight to nurturing a culture that recognizes your people’s responsibilities in protecting, maintaining, using and, ultimately and safely, destroying that data.

This can be a big challenge for most organizations, but you can get some front-line insights on how to develop and reinforce your data management culture during Spinnaker’s upcoming webinar, “In a Data Relationship: Help Your Whole Organization Understand Its Role in Data Management.” This free webinar is scheduled for Wednesday, March 9, at 1 PM ET.

Joining me on the panel will be Donna Highfill, change management warrior and author of Real People, Real Change, and my Spinnaker colleague Cara Williams, principal and practice lead for Risk Management and Regulatory Compliance. Our moderator will be Shelly Loftin, senior vice president for Retail Banking, Payments and Lending at the American Bankers Association.

Why Data Management Needs to Be Addressed

First and foremost, as we mentioned, good information is leveraged every day in the banking industry from our vision for new and improved products and services to our decisions on which applicants we approve or deny. Other reasons include:

  • Organizations rely on data to inform their decisions.
  • Poor data management creates risks.
  • Regulators are giving greater attention to how banks manage data, so those risks could also translate into financial costs.

What We’ll Cover

The overarching theme of the session will be how to encourage your people to think differently about data and their role in managing it. It’s a mindset that starts from the top. Keep in mind that most people aren’t automatically opposed to change. At a simple level, we choose different things to eat and wear each day, but people don’t like change imposed on them.

We’ll then walk through what organizations can do to build alignment, create ownership of the changes, and navigate through any pushback or objections you face in the journey. You’ll learn what to monitor to determine if your change management program is working.

Finally, we’ll recommend some tactics that will keep you on a steady path going forward once you reach the stage where data management is business as usual.

Register Now

With greater internal and external pressures on managing your information effectively, this webinar offers can’t-miss insights to get your organization moving in the right direction. Register now and reserve the time on your calendar.