Prerequisite: None
This session will include a moderated Q&A featuring questions from the live audience.
LyondellBasell (LYB) embarked on our strategic value enhancement program over a year ago to drive a step-change in company performance and culture. In order to take advantage of value-generating opportunities in this program, the build out of a modern data platform and availability of priority data sets were deemed to be key enablers.
With the various data initiatives underway, we quickly realized that monthly updates for executive and governance stakeholders required indicators of the delivered value for key business initiatives. We developed a business-centric approach to leverage and evolve a balanced scorecard framework that recognizes technology delivery, data activation, and business impact measurements. This session will share today's program scorecard framework and our governance journey toward a comprehensive view that aligns business goals directly with modern data platform efforts.