Data management……this is a great read, and if you are one of the few that do not fit the criteria (s) listed you are indeed the exception ……OR you are blind to the facts. Granted this new world of better manage the data and the analytics needed from it has a learning curve for most of us….. but isn’t time to address the issue?
Excerpt……The data you mine is only as good as what you do with it — and therein lays the problem. As the authors write, “We have encountered many organizations that, often out of a combination of inertia, competing priorities and culture of skepticism” about business analytics, spend years deliberating before taking the first step. “Others eagerly embrace the notion of analytics but treat it as an ‘all-or-nothing’ proposition requiring data or algorithmic perfection before actions can be taken.” Indeed, some companies swing from one extreme to the other. If any of this sounds familiar, take heart: you are in good company. Dig into the article with the goal of developing a company-wide vision of the role that analytics play in decision-making — and how data can complement the expertise of individuals, not compete with it.