Opinion & Analysis
Written by: Robin Patra
Updated 7:24 PM UTC, Mon November 25, 2024
In today’s fast-paced, data-rich business environment, it is no longer enough to be a technical expert. To truly lead in Data & Analytics, you must be business-savvy, deeply understand your domain, and always work backward from business needs. My career has underscored this truth time and time again, especially in the construction and enterprise data management spaces, where I’ve led transformative initiatives.
The essence of successful data leadership is realizing that data is not the end but the means. A Data & Analytics leader’s role is to solve business problems, drive measurable outcomes, and ensure that the data initiatives are tightly aligned with broader business goals.
Here are three lessons I’ve learned along the way:
Never work on things without fully understanding their purpose or how they will be used. As data professionals, it’s tempting to jump into solutions or shiny new technologies, but the real value comes from understanding how your output will be consumed by the business.
Engage with stakeholders directly, cutting through layers of middlemen who may dilute the context or intent. When you connect with the real consumers of your work, you understand their pain points and what success looks like.
Understand the end consumers of your work, whether that’s finance, product teams, or, most importantly, the customers or investors who ultimately rely on the insights.
A pivotal example from my experience involved developing a digital supply chain for a large construction firm. Initially, the focus was too technical: Building a data warehouse to integrate Procore and Viewpoint systems. But through direct engagement with key stakeholders — the project managers, procurement heads, and end clients — it became clear that the actual value lay in improving contractor ratings and reducing project delays, which could positively impact investor confidence and operating margins.
Shifting our focus from the technical aspects to solving business challenges yielded an ROI of a 10% increase in operating margins.
When leading a Data & Analytics team, the first question to ask is, “Who are the users of this data, and what business problem does the data solve for them?”
For example, in my recent work with a Contractor Rating Platform, the core challenge was not just aggregating data but creating insights that mattered to stakeholders — contractors, project owners, and investors. By working backward from their needs, we were able to design data products that enhanced decision-making, leading to faster project completions and higher client satisfaction.
Every data initiative must be tied to a clear value outcome — whether that’s increasing revenue, reducing costs, improving customer satisfaction, or accelerating time-to-market. In one project, we identified that operational efficiency improvements could not only streamline processes but also elevate customer experience.
The result?
An enhanced service model that delighted clients and directly impacted revenue growth.
The structure of your Data & Analytics team can make or break its success. A well-structured Data Operating Model integrates data efforts within business units, ensuring alignment with actual business needs. I’ve seen how a “Hub and Spoke” model, which places central governance at the core while embedding data professionals in individual business units, can break down silos. This alignment ensures that data solutions are built to drive specific business outcomes rather than operating in isolation.
For instance, embedding data analysts in operational teams at a construction firm allowed them to identify inefficiencies in material procurement. By integrating their insights into day-to-day workflows, we cut down procurement delays by 25%, which translated into a direct impact on project timelines and profitability.
Data leaders must ruthlessly prioritize initiatives that deliver tangible business outcomes. It’s easy to get caught up in hype cycles—whether it’s the latest AI model or a cutting-edge data governance framework—but real success lies in identifying the use cases that have a direct line of sight to revenue or cost savings.
For example, when deciding which data projects to invest in, we focused on those that would reduce operational costs while improving customer satisfaction. One such project was an analytics solution to optimize job site scheduling, which led to improved labor allocation and reduced overtime costs by 15%, directly boosting the bottom line.
When developing a data strategy, it’s critical to distinguish between the business and technology sides of data.
On the business side, the focus should be on:
Revenue-centric use cases: Prioritize initiatives with clear ROI, focusing on projects that tangibly affect the bottom line.
Operational efficiency through a customer-centric lens: Streamlining processes isn’t just about cutting costs; it’s about improving the customer experience.
On the technology side, the priorities include:
Tactical excellence: Ensure that your data platform is technically sound, scalable, and secure. This includes modern tools and a strong data management foundation.
Outcome-oriented governance: Governance shouldn’t be a bureaucratic process. Shift your governance mindset from compliance to enablement. Governance must accelerate decision-making and drive business outcomes rather than slow down innovation.
A common mistake I’ve seen in organizations is focusing too much on static reports or dashboards. The real value comes when data becomes actionable — when it’s integrated into decision-making processes and products. Data products, by definition, are live, refined, fully governed, and ready-to-use data assets that solve specific business problems.
In one organization, we moved beyond dashboards by embedding data insights directly into the supply chain management system. This turned the data from static insights into actionable intelligence, allowing project managers to optimize real-time decision-making, ultimately improving margins and project delivery timelines.
No Data & Analytics leader can achieve success alone. It’s crucial to build a team of curious, business-savvy professionals who understand the connection between data and business outcomes. They should be more than just technical experts; they should also be strong storytellers who can communicate data insights in a way that drives action.
For instance, in my leadership role, I made a point of hiring data professionals who not only had technical skills but also had the business acumen to understand how their work would affect the company’s revenue goals. This approach resulted in a team that proposed new revenue-generating ideas, which further enhanced our data initiatives’ value to the organization.
Data teams, especially in non-data product organizations, must view themselves as enablers. The true measure of success is how well your data initiatives help business process owners and product teams innovate, simplify operations, or increase productivity.
Collaboration is key. At ARCO Construction, working closely with project managers and product teams ensured that our data-driven solutions didn’t just sit in dashboards but were actively used to improve operational performance, leading to meaningful business results.
Being “data-driven” has become a dangerous buzzword. Overemphasizing data can lead to analysis paralysis. The true measure of success is not how much data you have or how many dashboards you create but the value you deliver to the business. A value-driven organization is more data-driven than one that focuses solely on the data.
A true Data & Analytics leader knows that prioritizing initiatives based on their ability to drive tangible business impact is where the magic happens. By working backward, understanding your stakeholders, and embedding data into business processes, you can ensure your data initiatives deliver real, measurable outcomes.
As we navigate an increasingly data-rich business environment, the true differentiator for organizations will not be the amount of data they possess, but how effectively they leverage it to create value. The most successful data leaders will be those who can balance technical expertise with business acumen, prioritize value over volume, and foster a culture of data-driven decision-making throughout their organizations.
By adopting a value-driven approach to data leadership — one that prioritizes business impact, user needs, and actionable insights — we can move beyond the dangerous oversimplification of being merely “data-driven.” Instead, we can create truly data-empowered organizations that are more agile, customer-centric, and positioned for sustainable success in an ever-evolving marketplace.
Key takeaways for Data & Analytics leaders:
Be business-savvy and value-driven:
Align data initiatives with business goals: Always start by understanding the specific business problems your data efforts aim to solve.
Deliver tangible outcomes: Focus on projects that have a direct impact on revenue growth, cost reduction, or customer satisfaction.
Work backward from user needs:
Engage directly with stakeholders: Cut through intermediaries to understand the real needs and pain points of data consumers.
Design user-centric data solutions: Create data products that are intuitive and directly enhance decision-making processes.
Build the right team and data operating model:
Foster a cross-functional team: Hire professionals who combine technical expertise with business acumen and storytelling skills.
Implement an integrated data operating model: Break down silos by embedding data professionals within business units while maintaining central governance.
Prioritize high-impact use cases:
Focus on ROI-driven projects: Select initiatives that offer clear, measurable returns on investment.
Enhance operational efficiency with a customer-centric approach: Streamline processes not just to save costs but to improve the customer experience.
Make data actionable and build data products:
Move beyond static reports: Develop live, fully-governed data products that integrate seamlessly into business workflows.
Enable real-time decision-making: Embed data insights directly into systems to allow for immediate action.
Cultivate a collaborative and value-driven culture:
Act as enablers: Position the data team as a partner to business units, facilitating innovation and productivity.
Shift from being data-driven to value-driven: Prioritize initiatives based on the value they deliver, avoiding analysis paralysis.
Closing thought
By embracing these principles, Data & Analytics leaders can transform data from a mere resource into a strategic asset that drives significant business value. The future belongs to leaders who not only understand data but also know how to unlock its potential to create meaningful impact. Let’s move beyond just being data-driven—let’s be value-driven.
About the Author:
Robin Patra is Head of Data, overseeing Platform, Product, and Engineering at ARCO Construction, Inc. He is a visionary leader in digital, data analytics, and AI, with over 20 years of experience driving innovation across sectors such as Construction, Finance, Supply Chain, and Manufacturing. He has a proven track record of leveraging emerging technologies to transform business operations, having led data-driven initiatives for industry giants like BlackRock, Cisco, and ARCO Construction.
Patra specializes in designing integrated AI and analytics frameworks, with achievements including a $10M revenue boost at BlackRock and operational excellence at Cisco. His leadership at ARCO involves pioneering AI-driven project management tools, scaling data functions, making the organization more data & analytics-driven, and developing a digital warehouse ecosystem, impacting both bottom-line and safety outcomes. He is recognized for his expertise in scaling organizations and building cross-functional teams that unlock significant growth and efficiency.