Tag "data literacy"
In the early days of data governance, the main driver was regulatory: being able to certify that an organization knows where its critical data assets are, has defined ownership for those assets that can attest to their validity, and ultimately avoid risks and fines. As data governance has evolved, however, it has become much more... more
Across every industry from financial services to healthcare, companies are creating, storing, analyzing, and leveraging data more than ever before to combat fraud, find new cures to deadly diseases, and automate entire industries with data-powered artificial intelligence and machine learning robotics. Modern data integration, data quality, and data engineering technologies have made it easier than... more
Data. Governance. Two words. Fourteen letters. Loaded with history and pain. The label “data governance” carries with it a lot of baggage in healthcare organizations. Most agree that healthcare data is poorly understood and inadequately documented, and that the resulting reporting and analysis is unreliable and can’t be trusted. This causes frustration among managers and... more
As organizations across the board face new challenges in these disruptive times, now more than ever data leaders need strategies that deliver business value. In conversations with customers, I’ve heard first-hand how important it is to create a data strategy that’s based on business outcomes. To develop these strategies and succeed in the digital age,... more
Most of us have heard the adage, “Be careful of what you ask for, as you just might get it.” Organizations have asked—and technology has delivered. We have large volumes of data available to us, with the use of this data becoming more influential in strategic decision making than ever before. However, there’s still a... more
In 10 Ways CDOs Can Succeed in Forging a Data-Driven Organization, Gartner Inc. states, “Culture and data literacy are the top two roadblocks for data and analytics leaders.” It also states, “One cannot change the behaviours and belief systems of an enterprise without changing the conversations within it.” So how can chief data officers (CDOs)... more
I was at the MIT CDO Symposium in Boston at the end of July, where there was a lot of discussion around the business value of data, and the challenges of cultural and behavioral change. I agree that business leaders need more data literacy. And I also think the corollary is true: data leaders need... more