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Fanatics data platform ROI: making the board care

Episode 79 Published 1 month, 2 weeks ago
Description

How does a chief data officer get a board to fund a data platform instead of tolerating it? The answer here is attribution. Fanatics stopped presenting infrastructure cost and presented measurable business output, treating the platform as a profit and loss line. The episode walks through the use cases they attached numbers to, including pricing, inventory markdowns and fraud detection during big jersey drops, and flags that the widely cited dbt Labs figures come from a vendor and need cross-checking against sources like MIT Sloan Management Review.

You finish able to pick one money decision, price the delta your data creates, and present it as a conservative, likely and optimistic range rather than a single hero number a CFO can dismantle.

Key takeaways

  • Present the data platform as a profit and loss line tied to output, not an IT cost line tied to spend.
  • Attribute value to specific decisions such as pricing frequency, inventory markdowns and fraud detection during high volume drops.
  • Treat vendor case studies, including dbt Labs figures, as marketing until independently verified against sources like MIT Sloan Management Review.
  • Give the CFO conservative, likely and optimistic ranges instead of one precise number you cannot defend under questioning.
  • Pick one business decision that already involves money, calculate what your data changed about it, and take that number to the CFO first.

Chapters
0:00 How Fanatics won board attention for data
0:37 Reframing the data platform as a P&L line
1:34 Why vendor case studies need cross-checking
2:38 Building a defensible dollar figure from one decision
3:34 Accountability to the P&L changes data culture
4:18 The one number to bring your CFO

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Sources

Full article and transcript: https://www.mba-training.com/blog/fanatics-data-platform-roi-board

MBA Training, mba-training.com

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