Which component is NOT part of the data strategy?

Which component is NOT part of the data strategy?

• A. Vision
• B. Mission and long-term goals
• C. Sales forecasts
• D. Implementation roadmap

Answer: (C)

The component that is not part of the data strategy is sales forecasts. A data strategy typically encompasses the vision for data management, the mission and long-term goals that guide how data will be used and managed, and an implementation roadmap that outlines the steps necessary to achieve the strategic objectives. Vision and mission help to articulate the overall purpose and direction of the data initiatives, while the implementation roadmap provides a clear plan for execution. Sales forecasts, on the other hand, fall under operational activities that leverage data rather than forming part of the foundational strategic framework for how an organization plans to manage and utilize data in alignment with its goals. Therefore, while sales forecasts are important for business decision-making, they do not constitute a core element of data strategy itself.

The component that is not part of the data strategy is sales forecasts. A data strategy typically encompasses the vision for data management, the mission and long-term goals that guide how data will be used and managed, and an implementation roadmap that outlines the steps necessary to achieve the strategic objectives. Vision and mission help to articulate the overall purpose and direction of the data initiatives, while the implementation roadmap provides a clear plan for execution. Sales forecasts, on the other hand, fall under operational activities that leverage data rather than forming part of the foundational strategic framework for how an organization plans to manage and utilize data in alignment with its goals. Therefore, while sales forecasts are important for business decision-making, they do not constitute a core element of data strategy itself.