Metadata
- Author: David Jayatillake
- Full Title:: Failing Upwards
- Category:: 🗞️Articles
- Document Tags:: Data Team Vision and Mission,
- URL:: https://davidsj.substack.com/p/failing-upwards?r=44i2a&utm_campaign=post&utm_medium=web&triedRedirect=true
- Finished date:: 2024-11-20
Highlights
data do bear this risk. These support teams are there to help the direct risk-taking teams optimise the reward they obtain from their risk. If they don’t do this, their only value can be to meet regulatory requirements. (View Highlight)
therefore data needs to help the business optimise their risk and reward, or they don’t need to exist in the business at all. (View Highlight)
It’s why it’s so dangerous for data teams to spend lots of time building infrastructure [2] and little time working with the business and the management of risk. The only reason to build data infrastructure is if it increases the data team’s ability to help with the management of risk in the future. (View Highlight)
business’s risk-taking more often. The data team that does this for three years leading into bad times usually won’t get axed - it has broadened the shoulders to bear risk. The data team that re-platformed for three years and increased operating expense whilst not helping the business bear risk, should get axed. (View Highlight)