Single Source of Truth Bootcamp
Manage episode 378832452 series 3480881
Here are suggested show notes for this Bootcamp on developing a single source of truth (SSOT) in media and event organizations:
Title: Developing a Single Source of Revenue Truth in Complex Data Environments
Key Topics Covered:
- Introduction to the concept of a single source of truth (SSOT) for revenue data
- Value creation and tracking through SSOT implementation
- Steps for developing SSOT tools and technology
- Common pitfalls to avoid when implementing an SSOT strategy
- Importance of "right data in, right data out" approach
Main Points:
1. Definition of SSOT: A centralized platform containing trustworthy, clean, and meaningful data from across the organization.
2. Benefits of implementing an SSOT:
- Improved operational efficiency
- Increased revenues and customer retention
- Enhanced employee satisfaction
- Better cost predictability
3. Key components of a successful SSOT strategy:
- Cross-functional team involvement
- Focus on quick wins and iterative implementation
- Clear communication across the organization
- Agreement on definitions and success metrics
4. Technology considerations:
- Data warehouse
- Data extraction and cleansing tools
- Data access and management layer
- Visualization tools
- Predictive ML/AI capabilities
5. Common pitfalls to avoid:
- Starting too big or trying to tackle everything at once
- Letting IT own the strategy instead of business leaders
- Disagreement on data definitions
- "Once and done" mentality
6. Importance of aligning SSOT with stakeholder goals:
- Mapping data needs for investors, C-suite executives, and functional teams
- Prioritizing based on current business needs and urgency
7. "Right data in, right data out" concept:
- Focus on meaningful, actionable data
- Avoid tracking everything, which can jeopardize long-term value
Presenters:
- Heather Holst-Knudsen, CEO of H2K Labs
- Chad Rose, CEO of InsightOut and Treehouse Technology
Key Takeaway: Implementing a single source of truth for revenue data can drive significant value creation across media and event organizations, but requires careful planning, stakeholder alignment, and an iterative approach to be successful.
Interested in joining Revenue Room™ Connect, the first C-Suite network for CEOs and t
About RevvedUP 2026
RevvedUP 2026 is where CEOs and revenue-critical C-Suite leaders reset their growth playbook for the AI-first economy. Taking place March 23–24, 2026 at The Vinoy Resort in St. Petersburg, FL, this two-day strategy lab helps leaders pressure-test how AI moves from cost center to growth driver and turn data and disruption into competitive advantage.
About Heather Holst-Knudsen
Heather Holst-Knudsen is the founder and CEO of H2K Labs and Revenue Room™ Connect. A seasoned executive and operator across media, marketplaces, events, and technology, she specializes in digital transformation, data-driven growth, and customer-centric value creation. Heather shares her insights on multisided business models through The Revenue Room™.
About Revenue Room™ CXO
Revenue Room™ CXO is a private executive community for CEOs and revenue-critical C-Suite leaders navigating growth in the data and AI economy. Through curated peer discussions and strategy sprints, members tackle real-world challenges in revenue transformation, customer intelligence, and business model innovation.
Learn more or apply for membership at info.h2klabs.com/apply-cxo.
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