Now more than ever, companies are striving to make data-driven decisions. With the vast amount of data at our fingertips, one can easily mistake the quantity (or speed) of the data available for the value derived from the data.
'I need sales reports' quickly turned into "I have far too many sales reports' when executives realized that the 1k reports they now have access to were producing skewed actions, different results, and confusion across the organization.
Just because we can turn analytics around in a day does not mean that we should.
The value of Data platforms is measured not in size, speed, or the tools used to operate them but in the value generated by the actions they enable broadly across an organization.
These actions range from low ROI activities (debating the quality, accuracy, and timeliness of the data) to high ROI activities (generating sales, identifying opportunities, managing risks, to data as a service). They include harmful ROI activities (data that lead to the wrong activities - think mortgage crisis).
This blog series will guide you on a wide range of data quality topics, roles, frameworks, development, and much more.
DATA QUALITY BLOG SERIES
Each day the Data Quality Blog post will be released at 8:45 AM each day.
DATA QUALITY - Part 1 January 6th
DATA QUALITY CONCEPTS - Part 2 January 7th
DATA QUALITY FOR EVERYONE - Part 3 January 10th
DATA QUALITY FRAMEWORK - Part 4 January 11th
DATA QUALITY DEVELOPMENT - Part 5 January 12th
QUALITY DATA - Part 6 January 13th