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The Board's Perspective: The Promise and Perils of Data
(Thursday) Sept 23, 2021
1445 - 1800 Hrs (IST)
Complimentary & Open to All
Chairman, Data Protection Committee, Govt. of India
Srikrishna, a labour and industrial law lawyer, entered private practice in 1967 and served as a Senior Advocate. He became a permanent judge in 1991 and Chief Justice of the Kerala High Court in 1993. Srikrishna retired from the Supreme Court in 2006 and is currently working on draft new data privacy laws for India, balancing the US approach with European GDPR.
Principal Secretary
Department of Information & Technology,Govt. of Maharashtra, Mumbai
Chair & Independent Director on Multiple Boards
Founder Chairman & MD
Persistent Systems
Founder & CEO
Findability Sciences
Founder & CEO, Findability Sciences Inc., has been awarded the prestigious International Achievers’ Award 2021 by the Indian Achievers’ Forum for showcasing outstanding professional achievements and contribution to nation-building, with extensive experience in serving global Fortune 500 clients and shaping traditional enterprises with AI-led digital transformations
Managing Director
Accenture Technology
Chief Digital Officer
Aditya Birla Group (CFI Sector)
Sr. Vice President
Fiserv
Chief Executive Officer
BSE E-Agricultural Markets
CIO & Digital Head
Larsen & Toubro Realty
The Board's Perspective: The Promise and Perils of Data
Business Transformation using new technology has accelerated, particularly since the beginning of the pandemic. These new business models have significant reliance on the availability of Data for insight that is used by corporates to make critical business decisions. Organizations have been capturing various types of data as part of normal business transactions, however the importance of the data was not realized until recent times. Data in the New Economy is synonymous with Oil for the Old Economy. The robust Data Governance and Management approaches are going to be the key for the Organizations’ survival in future. Many countries see Data as one important lever for competitive edge and building guidelines and protocols for sharing and usage of customer data. Data, if managed properly, could be a big competitive advantage, else could introduce significant business risks.
Harnessing the era of abundant data for building a sustainable competitive Advantage
Effective use of Data has given organizations a significant competitive advantage and delivered market-leading growth. Organizations are able to create new exclusive markets for their product and services. Good data governance policies could have a material impact on the organization’s success. What does it take to become a data driven organization? What role does data play in the success of organization in a new economy?
Big data - critical challenges, failures and managing present and potential future risks
Data is a double-edged sword having the potential to severely impact organizations and their business. Quality of the data captured and stored; data protection policies implemented could create significant business liabilities. What do organizations need to do to mitigate the data liabilities? Is it possible to avoid data liability while doing business? Let’s discuss this and more.
