What stage has your organisation reached on its data maturity journey?
Tesco was a first mover in data-driven retailing, having created Tesco Clubcard. As a complex business in direct-to-consumer retail, wholesale, telecommunications and banking, serving customers in both physical and digital channels, we are quite mature for both data generation, usage and monetisation.
Tell us about the data and analytics resources you are responsible for
I am responsible for generating market, competitor, customer and colleague insight that we use to shape our strategies and propositions. My team is part of the customer function but we collaborate closely with technology, online, product, channels and the people team. We operate as a matrix with teams in all Tesco operating countries (UK, Ireland, CZ, Slovakia and Hungary) and with teams in India and Dunnhumby. The workplan is determined centrally.
Too many people think of data as something “other” or “added” to their day job but, really, data is information that helps to explain things and optimise decisions and is an output of more concrete things like customers, products, prices and visits, clicks and all the elements that make a business and a brand what it is.
I think the issue stems from poor data storytelling, an over-emphasis on numbers, and technology barriers that make access a challenge and can put people off. Once you work out how to make it all seem more tangible, people usually want more data and more insight and it helps them outperform.