Data’s Credibility Problem – ElPropósito1 min de lectura

An excellent HBR article by Thomas C. Redman on data credibility, what it means for companies and how to ensure quality.

A few lines that stood out to me:

"Studies show that knowledge workers waste up to 50% of time hunting for data, identifying and correcting errors, and seeking confirmatory sources for data they do not trust."

"When data are unreliable, managers quickly lose faith in them and fall back on their intuition to make decisions, steer their companies, and implement strategy."

"The quality of data is fixed at the moment of creation."

"The solution is not better technology: It’s better communication between the creators of data and the data users; a focus on looking forward; and, above all, a shift in responsibility for data quality away from IT folks, who don’t own the business processes that create the data, and into the hands of managers, who are highly invested in getting the data right."

https://hbr.org/2013/12/datas-credibility-problem/ar/1

Author: Rodrigo Baccaro

Linkedin