During the preceding month in June, Polina Petrova – a Legal & Ethics Expert at the Law and Internet Foundation (LIF) – successfully completed a course on “Data Monetisation Strategy: Creating Value Through Data”, offered by the Massachusetts Institute of Technology (MIT), having passed all six modules with an “Exceptional” grading, the highest possible
The curriculum has been concentrated on the following majors:
- Module 1 “Data Monetization: Converting Data Into Financial Value”, which has explored the process through which organisations create financial value from data;
- Module 2 “Data Monetization Capabilities: Building Enterprise Data Foundations", which has led to the discovery of five data monetisation capabilities and organisational structures that maximise their impact;
- Module 3 “Improving: Generating Value Through Data-Driven Process Optimization”, which has explored how to create value from data-driven process improvements;
- Module 4" Wrapping: Creating Value from Analytics Features and Experiences", which has studied how to create value from analytics product features and analytics-based customer experiences;
- Module 5: "Selling: Generating Value from Information Solutions", which has explored how to create value from information solutions; as well as,
- Module 6 “Data Monetization Strategy: Choosing a Plan for Organization-Wide Value Creation”, which has researched the process of selecting and managing a firm-level strategy for an organisation’s data monetisation activities.
Not only has the MIT Management Executive Education journey been an absolute pleasure for Polina, but it also has a direct correlation with her role as a Legal & Ethics Expert in the DATAMITE project. The expertise gained shall thus enrich the overall experience and value within ongoing and future data sharing & trading projects that LIF brings, thereby allowing for a multidisciplinary approach.
