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U.S. Department of Education 2017 National Blue Ribbon Schools Program X Public or Nonpublic Public Schools only: (Check all that apply) X Title I X Charter Magnet ChoiceName of Principal Ms. Hadley
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How to fill out data as strategic asset

01
Identify the type of data that can be considered as a strategic asset, such as customer information, sales data, market trends, and competitive analysis.
02
Ensure that the data is accurate, reliable, and up-to-date by implementing secure data management practices.
03
Develop a clear data strategy that aligns with organizational goals and objectives, outlining how the data will be collected, stored, analyzed, and utilized.
04
Implement data governance policies to establish guidelines for data usage, access, and privacy.
05
Invest in robust data analytics tools and technologies to efficiently analyze and extract insights from the data.
06
Establish a cross-functional team that includes data scientists, analysts, and business leaders to drive data-driven decision-making.
07
Continuously monitor and evaluate the performance of the data strategy, making necessary adjustments and improvements.
08
Foster a data-driven culture within the organization by providing training and education on the importance of data as a strategic asset.
09
Regularly communicate the value and benefits of data as a strategic asset to stakeholders and decision-makers.
10
Periodically assess the ROI of data investments and make strategic decisions accordingly.

Who needs data as strategic asset?

01
Businesses of all sizes and industries can benefit from treating data as a strategic asset. It is particularly important for organizations that heavily rely on data-driven decision-making.
02
CEOs, CIOs, and other top-level executives who are responsible for driving the overall strategy and performance of the company.
03
Data scientists and analysts who analyze and interpret data to derive insights and support decision-making processes.
04
Marketing and sales teams who depend on data to understand customer behavior, market trends, and competitive landscape.
05
Researchers and innovators who require data to identify new opportunities, design new products or services, and stay ahead of the competition.
06
Government organizations and policymakers who use data to inform policy decisions and address societal challenges.
07
Non-profit organizations and social enterprises who leverage data to measure their impact, optimize their operations, and make informed decisions.
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Data as strategic asset refers to the concept of viewing data as a valuable resource that can drive business decisions and create competitive advantages.
Organizations across various industries are required to file data as strategic asset.
Filling out data as strategic asset involves identifying key data sets, determining their value to the organization, and incorporating them into strategic planning.
The purpose of data as strategic asset is to leverage data to gain insights, make informed decisions, and drive business success.
Information such as data sources, data quality, data governance practices, and data utilization must be reported on data as strategic asset.
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