Isabel Amrein

Four decisions to build a data company

data-strategydata-culturedata-governancedata-driven

A data company is built in layers, and each layer forces you to choose between options that cost different things. This article organises what we covered in the Business Data and AI Strategy module as four decisions: where the use case comes from, which data strategy to follow, which culture to build and which governance model to adopt.

In each one you will find the options, what each offers, a criterion for choosing and, at the end, a box with what our team chose. The example is Clink, a fictional home-search startup we used as a class case: it illustrates, it is not the subject.

The four decisions at a glance

Each layer builds on the previous one and is decided with a different question.

LayerWhat is decidedOptionsThe question that helps you choose
1. InnovationWhere the use case comes fromStart from the problem, or start from the dataIs there someone with a clear pain, or do I have data with potential?
2. StrategyWhich data strategy to followControl, optimisation or transformationAm I protecting a business, improving it or creating a new one?
3. CultureWhich culture to build and howConstructive, passive or aggressive; rites; literacyWhich behaviours do I want repeated without anyone ordering them?
4. GovernanceWhich operating model to adoptDecentralised, networked, centralised, hybrid or federatedHow much control do I need and how much speed am I willing to give up?

Decision 1, innovation: where the use case comes from

A use case comes from a problem or from data, and it pays to make both passes.

AspectStart from the problemStart from the data
How it worksTraditional design thinking: empathise, define, ideate, prototype and evaluateYou start from data as an asset with potential and look for its fit in a process: data potential, product fit, design and rollout
StrengthThe value is clear from the startIt makes use of what you have and what you can reach
RiskThe data to solve it may not existA solution looking for a problem
Starting questionWhat does the person we design for need?What new knowledge can we build with this data?
Researching the data's potentialUsual product designDatapotentialExploreWhat data do we have?How good is it?Is it unique?ProductfitFitDoes it give usersa different experience?Can it be monetised?ProductdesignIdeateProduct design,full cycleRollout andoptimisationExecute and evaluatePrototyping, measuringand optimising
Starting from the data: look for the data's fit in a process. Important: the process is not linear, hence the two-way arrows.

There are more choices within each path. Who you solve it for: the same sector has different customers, and in housing they are the person looking for a home and the estate agency, each with their own pain points and metrics. How you make money: B2B if companies pay, B2B2C if you reach the user through another company and B2C if the user pays with a subscription.

The tool. The workshop was run on a Miro board with eleven boxes, grouped in three steps: understand the problem (problem and alternatives), design the solution (candidate solutions, solution and key objectives) and turn it into a business (unique value proposition, who it is for, challenges, revenue, high-level concept and key metrics). The exercise ends with a four-minute mini pitch per team.

ProblemAlternativesCandidatesolutionsSolutionKey objectivesChallengesUnique valuepropositionWho isit for?RevenueHigh-levelconceptKeymetrics1Understand the problem2Design the solution3Turn it into a business
The workshop Miro board, in three numbered steps. The yellow notes are placeholders: they do not reproduce the team's.

Step 1 of 3

Understand the problem

Problem and alternatives: who suffers what, how much it costs them and what they do today to solve it.

Step 2 of 3

Design the solution

Solution and key objectives: which solution we choose among the candidates and what it must achieve.

Step 3 of 3

Turn it into a business

Value, income and metrics: the value proposition, who it is for, how it makes money, the high-level concept and how it is measured.

A useful test. Ask the most uncomfortable question: why would the biggest company in the sector want to work with me? If there is no answer, the idea needs another approach.

Criterion. Start from the problem if you already have someone to listen to; start from the data if your asset is going unused; and then make the other pass, because the path is not linear.

I think about buying›I research the area›I search portals›I get in touch and book viewingsthe focus of the case›I negotiate the price›I sign the deposit›I find financing›I close the purchase
what they wantexplained matchcatalogueviewingsHome seekerTells what they want,by voice or textAI agentListens, understandsand recommendsSmall portalsTheir listings, joinedin a single catalogueExtra services: renovation · legal · financing
The agent acts as an intermediary: it listens to the person searching, knows the portals' catalogue and returns homes that suit them.

Decision 2, strategy: which data strategy to follow

A data strategy is a purpose plus a plan, and its type depends on whether you want to protect a business, improve it or create a new one.

A strategy describes the starting situation, the destination and the path between them. It boils down to four questions: where do we want to get, what do we need, what could stop us and what will others do.

The tool. The workshop was run on a Miro board with eight boxes, in three steps: starting situation, purpose, vision and three objectives and key results; action plan and management control indicators; and risks and mitigation measures.

TypeKey questionAnalyticsWhat it seeks
ControlWhat happened and how much did we win or lose?Descriptive and diagnostic, classic BIProtect value: avoid losses and comply with regulation
OptimisationWhat will happen and how do we do it better?Predictive, prescriptive and AIOperational efficiency and more margin
TransformationWhat new business can we invent?Ecosystem and data monetisationNew, non-traditional revenue lines
↑ Analytical maturityTransformationWhat new business can I create?OptimisationWhat will happen and how do I do it better?ControlWhat has happened?Protect what existsDisruption zoneMaturity zoneNon-scalability zoneData-driven ambition and adoption →
The three zones of a data strategy, by ambition with data and analytical maturity. Before choosing, the key question is still what for.

Each business question is answered with a different type of analytics.

↑ ValueDescriptiveWhat happened?DiagnosticWhy did it happen?PredictiveWhat will happen?PrescriptiveHow can wemake it happen?AgenticdecisionsHow does it happenautonomously?Complexity →
The types of analytics form a ladder: each step brings more value and demands more complexity.

What makes it good or bad. A good strategy has a diagnosis, a chosen approach and coherence between actions and resources. A bad one has vague objectives, keeps changing priorities, ignores its weaknesses and does not measure progress.

What sustains it. Three elements: the strategy, the change plan and management control. Hard changes are easy to plan; cultural inertia is not. And control means being hard on the task and soft on people, with a continuous cycle of planning, executing, measuring and controlling.

Before deciding, a diagnosis. Two tools: dataMat, a 105-question survey that scores the organisation across 21 areas of the data world, and dataToolkit, a card game, one card per area, in which you place yourself on one of three levels in order to design the strategy from the weak points. I describe them in more detail in Data strategy: purpose first, then the plan.

Criterion. Control if the urgent thing is not to lose what you already have; optimisation if you have a business that works and data to improve it; transformation if the business does not exist yet.

ObjectivesOrganic trafficA solid teamA reliable AI modelActionsHire talent: product,legal, IT and dataBuild a data lakethat feeds the AIData quality fromday oneIndicatorsTraffic and conversionmeasured accuratelyAgreements with themain portalsLess AIhallucinationMost critical risk: legal, if the portals stop sharing listings.Second risk: hallucination; hard data always comes from the database.
Clink bets on transformation: three objectives, actions and indicators.

Decision 3, culture: which culture to build and how

The main brake on a data project is not technology; it is people, culture and change management. In a 2026 data and AI leadership survey cited in class, 93.2% pointed to that brake, against 7% who pointed to technology.

A weak culture is hard to define and explain, has little alignment with values and is controlled with lengthy procedures and bureaucracy. A strong culture is understood and can be explained by anyone, with high alignment and few rules.

ConstructivePeople are encouraged tocollaborate and tackletasks in ways that meethigher-order needs.Passive ordefensivePeople are expected torelate in ways that do notthreaten their ownsecurity.Aggressiveor defensivePeople are expected totackle tasks forcefullyto protect their statusand security.
Three types of culture, by how people are expected to behave.

How it is built

  • Metaphors that compare the organisation to a machine, a group or a family.
  • Stories that teach how to act in each case.
  • Rites and ceremonies, which combine the two above. They can be rites of initiation, of improvement (with public recognition), of integration or of conflict reduction.

How it is looked after

With a data literacy plan:

  • Distinguish data literacy from technology literacy.
  • Understand that each person learns differently.
  • Reward curiosity.
  • Define which data skills each person needs.
  • Involve the leaders.
  • Use a common language.
  • Define what success is.
  • Remember that literacy is only the beginning.
What is organisedOne optionThe other option
The data platformMonolithic view: a data lake that centralises everything, from ingestion to useData mesh: domains, self-service and data treated as a product
The data peopleA centralised teamEmbedded in each area, with a data lead per domain
Monolithic viewData meshSingledataplatformSourcesConsumersIngestion, cleaning andtransformation, and use.Domain ADataproductDomain BDataproductDomain CDataproductSelf-serve platformDomainsSelf-serviceProductEach domain answers for its dataand treats it as a product.
One platform that centralises everything, or domains that answer for their data on a self-serve platform.

Who sponsors. Not only whoever has the authority the org chart gives, potestas, but also whoever has legitimate influence, auctoritas: reference people in their area who represent poles of informal power.

Potestas: the authority of the org chartGeneralmanagementDatamanagementTechnologymanagementUsermanagementAuctoritas: legitimate influenceDatachampionsBusinesschampionsTechchampionsDomainchampionsMixed sponsorship: potestas brings resources;auctoritas improves the adoption of data culture.
Sponsor with potestas and with auctoritas: who rules on the org chart and who is a reference in their area.

Criterion. Choose the culture by the behaviours you want to see repeated and design rites that reinforce them. Literacy works when people can explain, communicate and discuss, and ask questions instead of just accepting.

“The first brick is a piece of data. The rest, together.”Five principlesCeremoniesWe always arrive togetherTruthful, reliable, solid dataTransparency without egoOne data set for all, all for the dataConstant alignmentWeeklyWhole-company stand-upMonthlyTen-minute tech talkQuarterlyAward for the bestdata-based solutionAlsoDemos and retros;resilience partySponsors: the CEO, the CDAIO and the CFO, with data experts from each area
Clink's culture: a motto, five principles and a rhythm of ceremonies.

Decision 4, governance: which operating model to adopt

Data governance decides who can decide what about data; management carries it out day to day. The operating model sets out roles, responsibilities and decisions, and it comes in five versions.

ModelHow it worksAdvantagesDrawbacks
DecentralisedPeople collaborate in committees and there is no single ownerA flat structure, aligned with the business and easy to set up and growMany participants; deciding among many is hard; ownership of the data stays unclear
NetworkedThe decentralised one, formalised with a RACI matrixGives the data an owner without creating a central team that becomes a bottleneckRequires defining who is responsible, who approves, who is consulted and who is informed
CentralisedThe most formal and mature: one person in chargeStrong leadership and simpler decisionsA big organisational challenge and a change of paradigm; you have to cover everything from the start; hard to grow step by step
HybridCombines advantages of the centralised and decentralised modelsCombines a flat structure with alignment to the businessInherits some of the decentralised model’s problems: hard collaborative decisions and unclear ownership
FederatedA variant of the hybrid: centralised strategy and decentralised execution, with a center of excellence that sets the guidelinesIdeal for large corporations; gives subsidiaries autonomy; allows one CDO per subsidiary, is stakeholder-oriented and supports an incremental approach by unit or regionAn ambitious, complex process; a balance has to be found and it needs many resources
DecentralisedCommitteeStewardsArchitectsAnalystsA committee decides,no single ownerNetworkedRACIDecentralised,formalised with RACICentralisedData leadBusiness supportTechnical supportBusiness areasOne personin chargeHybridSteering committeeCenter of excellenceUnitUnitCombines thestrengths of bothFederatedSteering committeeCenter of excellenceUnitUnitUnitCentral strategy,decentralised executionNot foreverChosen by size andmaturity, and it evolvesas you grow.
Five operating models for data governance. None is forever: it evolves as you grow.

The roles. Every piece of data needs an owner and someone to look after its definition: the data owner, the data lead or data steward and, at the top, a position that brings together data, analytics and AI, the CDAIO.

What gets governed

  • Business glossary: defines each concept in business language.
  • Technical dictionary: says how each piece of data is stored.
  • Business and technical metadata: connect the two above.
  • Quality: measured along eight dimensions: accuracy, completeness, consistency, integrity, reasonableness, timeliness, uniqueness and validity.

What to lean on

  • DAMA-DMBOK: organises the knowledge areas of data management.
  • SAM model by Henderson and Venkatraman: sets out two types of alignment, strategic and tactical.
  • Amsterdam Information Model: known as the nine-cell model.

Criterion. The operating model is not forever: it is chosen by the size and maturity of the organisation and evolves as it grows. Choosing a model is choosing between control and speed. Decentralising is the easiest way to start; centralising means covering everything from the start.

CDAIOApproves data and AI standardsMarketingOne ownerone data stewardLegalOne ownerone data stewardBusinessOne ownerone data stewardITOne ownerone data stewardFinanceOne ownerone data stewardData contracts between teamsShared dictionary and catalogueThe CDAIO decides, area heads are consulted and the whole company is informed.
Clink's governance: a networked model, with an owner per team.

The thread that ties the four decisions together

Each decision answers a different question: what for (strategy), how we behave (culture) and who decides (governance), with innovation as the starting point. None of them works without the others.

Starting pointInnovationWhere does theuse case come from?StrategyWhat for?CultureHow do webehave?GovernanceWho decides?None works without the others
Four decisions, four questions: none works without the others.

A strategy without culture stays a document, a culture without governance turns into good intentions, and governance without purpose is bureaucracy.

How to decide: a checklist per layer

These questions help you reach a decision in each layer before writing anything down.

  • Innovation: who suffers the problem and how do I know? What data do I have or can I get? What is the most uncomfortable question for my idea?
  • Strategy: what are we doing it for? Do we play in control, optimisation or transformation? What could stop us getting there?
  • Culture: which behaviours do we want to see repeated? Who sponsors, with potestas and with auctoritas? How will we know literacy is working?
  • Governance: who decides what? Who owns each piece of data? How do we define and measure its quality?

What I take away

  • Each layer is a decision with options that cost different things: there is no single right answer, there is a criterion.
  • You can start from the problem or from the data, and it pays to make both passes, because the path is not linear.
  • A strategy is not a wish list: it is diagnosis, approach and coherence.
  • Culture is practised and measured; it is not declared.
  • Data without an owner and without a definition is not an asset, and the model that gives it an owner changes with the size of the organisation.

A personal reflection. In most businesses, the business team is the owner of the data: it knows the company’s needs and can also speak the language of technology. That makes me think I am well placed to keep learning from both sides, business and data.

Thanks to David Rey, Rafael Fernández Campos, Ubaldo González and Alberto Turégano for the classes this article is based on.