To achieve our target state, our data strategy outlines five success factors that will drive a strong data culture while uplifting our data quality, capability and platforms.
|
Data success factors |
Definition |
Long-term objectives |
|
Data-informed culture |
A culture that recognises the value of data and analytics, where staff are curious about how they can realise the full value of data to improve outcomes for ASIC and our stakeholders. |
Foster positive cultural change. Co-define ‘What’s in it for me’ use cases to demonstrate the value of data assets and capabilities in everyday work. Increase awareness of data holdings and service offerings. |
|
Efficient and effective data governance |
End-to-end lifecycle management of data as a strategic asset, including data governance and management practices to create secure data sets that are readily discoverable and consumable by authorised users. |
Revise the Data and Information Governance Framework. Review effectiveness of data decision-making fora and data controls. |
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Robust data and analytics capability |
Equipping and empowering people with the data skills and capabilities to realise the full value of data, including a comprehensive set of skilled staff and supportive organisational functions. |
Assess current data and analytics capability maturity. Identify uplift priorities for capabilities and skills. Develop learning opportunities to continue growth of data literacy. |
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Trusted, secure and valued data assets |
Providing staff with the right data, in the right format, in the right place and at the right time to enable them to make more effective decisions. We will broaden access to data while protecting privacy and security. |
Maintain an Enterprise Data Model and data catalogue. Define and measure the value of core data sets. Explore ways to make more trusted data sets accessible from internal and external sources through ASIC’s enterprise data infrastructure. |
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Fit-for-purpose data infrastructure and analytics tools |
Empowering ASIC staff and data specialists to turn data sets into actionable insights through the right ecosystem of technologies and tools including sourcing, storage, aggregation, analysis and visualisation. |
Continue leveraging ASIC’s enterprise data infrastructure. Implement high-priority use cases that deliver long-term value and/or ‘no regret’ outcomes. |