Watermark Data Company Blog

PART I “Data is the new Oil !!” … but ... is that the right analogy? It’s been said countless times over the last couple years. I don’t agree. It's a great sound bite. I get the analogy, it’s where you find money right under your feet you just need to unearth it. There’s a big ‘data rush’ occurring as people attempt to uncover it. There is huge money to be made for those who find it. Problem is, that’s as far as the analogy goes. The reality is that oil is finite, data is infinite. If you can find oil first then you can prevent others from getting it. If you get a monopoly on oil you’re set. There is no monopoly with data, there is always more to uncover, and competitors will always be able to look for their own. Data is effectively infinite. You’re only going to discover more the longer and deeper you go. How about this instead? Data is the new electricity! It's powering the world. Some companies can see it's potential and are adopting data faster than others. Data will be created more efficiently as we move forward. We will be able to consume as much data as we can create. We continue to find more and more uses for data all the time as it becomes more ubiquitous by the day. Data will be used more efficiently as we move forward. Data is easily moved from place to place via lines. Is that the right analogy? If you have an analogy that you prefer rather than Oil or Electricity, I’d like to propose a challenge, we’d love to hear ‘your’ analogy and context where ‘you’ see data fitting into the current landscape. Please jot down your thoughts in the comments below!

Proud to announce my Alma Matter is once again ranked #1 Top international MBA programs 1. University of South Carolina (Moore) 2. Harvard University 3 (tie). New York University (Stern) 3 (tie). University of Pennsylvania (Wharton) 5. Georgetown University (McDonough) 6. University of California—Berkeley (Haas) 7. Columbia University 8. University of Michigan—Ann Arbor (Ross) 9. Saint Louis University (Chaifetz) 10. Duke University (Fuqua) https://www.usnews.com/education/best-graduate-schools/top-business-schools/slideshows/10-best-business-schools-for-an-international-mba?fbclid=IwAR0iYRktvAclr0m4YmcNDclUG7BAN9wqDMK_NP-vTuM4igIRX4xCF3G1WAU&onepage

The Long Game, Is your company looking at “The Big Picture”? “The Long Game”? This is an important component to a company culture. It isn’t ‘only’ Wall Street (stockholders and boardrooms) that can take a short-term approach.

Change happens, and it's change management takes skill. Implementing a new application at a company is challenging, and can often be met with the phrase "it's just a tool"