#128 Unlocking Scalable ROI for Data Teams

In order for any data team to move from reactive to proactive and drive revenue for the business, they must make sure the basics are in place and that the team and data culture is mature enough to allow for scalable return on investment. Without these elements, data teams find themselves unable to make meaningful progress because they are stuck reacting to problems and responding to rudimentary questions from stakeholders across the organization. This quickly takes up bandwidth and keeps them from achieving meaningful ROI.In today’s episode, we have invited Shane Murray to break down how to effectively structure a data team, how data leaders can lead efficient decentralization, and how teams can scale their ROI in 2023. Shane is the Field CTO at Monte Carlo, a data reliability company that created the industry's first end-to-end Data Observability platform. Shane’s career has taken him through a successful 9-year tenure at The New York Times, where he grew the data analytics team from 12 to 150 people and managed all core data products. Shane is an expert when it comes to data observability, enabling effective ROI for data initiatives, scaling high-impact data teams, and more.Throughout the episode we discuss how to structure a data team for maximum efficiency, how data leaders can balance long-term and short-term data initiatives, how data maturity correlates to a team’s forward-thinking ability, data democratization with data insights and reporting ROI, best practices for change management, and much more.