Data, Analytics & AI. Why Data and Why Now?

Matthew Small • July 23, 2025

In today’s economy, data is everywhere, but value isn’t always present. Businesses generate massive volumes of data, yet many still struggle to understand how to get the best from it and prioritise as you would any other business-critical assets.


To thrive and become data-enabled, organisations must shift their mindset: data isn’t just a by-product of business activity, it is the business. When approached correctly, data becomes a powerful lever for decision-making, innovation, and long-term growth.


Here’s why it matters, and how to get it right.


Why Data is an Asset


Think of your most important assets: people, capital, intellectual property. Data supports each one. It enables smarter hiring, sharper investment strategies, more personalised customer experiences, and better operational resilience.


In short, data is not an IT issue. It’s a board-level concern.

  • Informed decision-making: High-quality data fuels better strategy.
  • Competitive edge: Organisations that harness their data effectively outperform those that don’t.
  • Long-term value: Like financial or physical assets, data appreciates when curated and protected properly.


If you’re not treating data as an asset, you’re already falling behind competitors who are actively using it in day-to-day decisions.


What Data Is an Asset


Not all data is created equal. The true asset lies in high-quality, actionable, and trusted data, the kind that helps you make better decisions, identify new opportunities, and mitigate risks.


Key examples include:

  • Customer insights and behaviour patterns
  • Operational and supply chain efficiency data
  • Employee engagement and workforce analytics
  • Financial forecasts and real-time performance metrics

It’s not about how much data you have. It’s about how useful it is. Poorly governed, outdated, or siloed data can do more harm than good.


How to Make Data an Asset


Treating data like a strategic asset isn’t just about tech infrastructure, it’s about mindset, governance, and culture. Here’s how to start:

  • Ownership and stewardship: Assign clear data ownership across the business, not just in the IT or data teams.
  • Governance and quality: Create frameworks to ensure accuracy, accessibility, and relevance of data.
  • Data literacy: Upskill leaders and teams so they can confidently use data to inform their decisions.
  • Alignment with business goals: Ensure that your data strategy directly supports core business objectives.


When teams understand the value of data, and are empowered to act on it, they start to generate real business outcomes.


Looking Ahead


The most successful organisations of the next decade will be those who treat their data not as exhaust from operations, but as fuel for growth. As AI and automation become more embedded in our systems, the value of well-managed, well-governed data will only grow.


The question isn’t if your business should treat data as an asset. It’s how soon you can start. Please see the link to the original article by Matt Small Data as a Strategic Asset: Unlocking Hidden Value Across the Business | Data Value Creation | Data and Analytics Consultancy

By Christa Swain December 3, 2025
Executive Summary: AI, Ethics, and Human-Centred Design Our recent Leaders Advisory Board event - designed in partnership with Corndel - featured three engaging sessions that explored how AI impacts human cognition, customer experience, and fairness. Here's what we learnt: 1. Think or Sink – Are We Using AI to Enhance or Reduce Cognitive Ability? Speaker: Rosanne Werner , CEO at XcelerateIQ & ex Transformation Lead at Coca-Cola Roseanne opened the day with an interactive and thought-provoking session, firmly positioning AI: “AI should be your sparring partner, not your substitute for thinking.” Her research revealed a striking insight: 83% of people using LLMs couldn’t recall what they wrote, compared to just 11% using traditional search . The message? It’s not about avoiding AI, but using it in ways that strengthen thinking , not outsource it. Roseanne explained how our brains form engrams - memory footprints that enable creativity and critical thinking. Over-reliance on AI risks weakening these pathways, reducing retention and problem-solving ability. She introduced the Mind Over Machine Toolkit , six strategies to use AI as a thinking partner: Provide Context First – Frame the problem before asking AI. Use AI as a Challenger – Stress-test ideas and uncover blind spots. Iterative Co-Creation – Collaborate, refine, and evaluate. Document Your Thinking – Keep reasoning visible. Reflective Prompts – Support reflection, not replace judgment. Sparring Partner – Test assumptions and explore risks. Roseanne summed it up with a simple rule: use Sink for low-value, repetitive tasks, and Think for strategic, creative decisions. 2. Designing Chatbots with Human-Centred AI Speaker: Sarah Schlobohm , Fractional Chief AI Officer Sarah brought a practical perspective, drawing on experience implementing AI across sectors - from banking and cybersecurity to rail innovation. She began with a relatable question: “Who’s been frustrated by a chatbot recently?” Almost every hand went up. Through a real-world example (redacted out of politeness), Sarah illustrated how chatbots can fail when designed with the wrong priorities. The chatbot optimised for deflection and containment , but lacked escape routes , sentiment detection, and escalation paths - turning a simple purchase into a multi-day ordeal. “Don’t measure success by how well the chatbot performs for the bot—measure it by how well it performs for the human.” Sarah introduced principles for better chatbot design: Human-Centred Design – Focus on user needs and emotional impact. Systems Thinking – Consider the entire process, not just chatbot metrics. Escalation Triggers – Negative sentiment, repeated failures, high-value intents. Context Awareness – Detect when a task moves from routine to complex and route accordingly. The takeaway? Automation should remove friction from the whole system - not push it onto the customer. 3. Responsible AI and Bias in Large Language Models Speaker: Sarah Wyer , Professional Development Expert in AI Ethics at Corndel “When we create AI, we embed our values within it.” She shared her journey tackling gender bias in large language models , from GPT-2 through to GPT-5, and highlighted why responsible AI matters. AI systems reflect human choices - what data we use, how we define success, and who decides what is fair. Real-world examples brought this to life: facial recognition systems failing to recognise darker skin tones, credit decisions disadvantaging women, and risk assessment tools perpetuating racial bias. Even today, LinkedIn engagement patterns show gender bias! Sarah made the point that simple actions - like testing prompts such as “Women can…” or “Men can…” - can reveal hidden disparities and spark vital conversations. To address these issues, Sarah introduced the D.R.I.F.T framework , a practical guide for organisations: D – Diversity : Build diverse teams to challenge bias. R – Representative Data : Ensure datasets reflect all user groups. I – Independent/Internal Audit : Test outputs regularly. F – Freedom : Create a culture where employees can challenge AI decisions. T – Transparency : Share processes without exposing proprietary code. Wrapping up the final session - before we opened the floor to panel questions and debate - Sarah created the opportunity to discuss how we address AI bias within our organisations by stepping through the DRIFT framework. Shared Themes Across All Sessions AI is powerful, but context matters . Human oversight and ethical design are critical . Use AI to augment thinking , not replace it. Measure success by human outcomes , not just automation metrics. We've had such great feedback from this event series - especially around the quality of speakers and the opportunity to have meaningful conversation and debate outside of functions. Definitely more in the events plan for 2026! If you'd like to be part of the conversation please navigate to our LAB events page to register your interest .
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