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Data Is Everybody's Business

The Fundamentals of Data Monetization (Management on the Cutting Edge)

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Data Is Everybody's Business

By: Barbara H. Wixom, Cynthia M. Beath, Leslie Owens
Narrated by: Wendy Tremont King
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About this listen

A clear, engaging, evidence-based guide to monetizing data, for everyone from employee to board member.

Most organizations view data monetization—converting data into money—too narrowly: as merely selling data sets. But data monetization is a core business activity for both commercial and noncommercial organizations, and, within organizations, it’s critical to have wide-ranging support for this pursuit. In Data Is Everybody’s Business, the authors offer a clear and engaging way for people across the entire organization to understand data monetization and make it happen. The authors identify three viable ways to convert data into money—improving work with data, wrapping products with data, and selling information offerings—and explain when to pursue each and how to succeed.

Key features of the book:

  • Grounded in twenty-eight years of academic research, including nine years of research at the MIT Sloan Center for Information Systems Research (MIT CISR)
  • Definitions of key terms and self-reflection questions
  • Rich with detailed case studies
  • Supplemented by free MIT CISR website resources (cisr.mit.edu)

Ideal for organizations engaged in data literacy training, data-driven transformation, or digital transformation, Data Is Everybody’s Business is the essential guide for helping everybody in the organization—not just the data specialists—understand, get excited about, and participate in data monetization.

©2023 Massachusetts Institute of Technology (P)2023 G&D Media
Forecasting & Strategic Planning Business Employment
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Succintly blends both commercial and technical concerns

Very slow narrative but clearly explains why and how to successfully launch data monetization initiatives within the enterprise.

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