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Data-Driven Decision-Making 101

Data-driven decision-making involves utilizing data and analytics to solve business problems. Relying on facts rather than intuition or personal opinions can lead to more accurate and effective decisions.   In business organizations, evidence-based decisions can optimize operations, enhance productivity, and drive growth. By examining trends, patterns, and correlations within datasets, business operators can uncover valuable information that helps […]

Critical Data Elements Explained

The process of identifying critical data elements (CDEs) is a fairly new best practice in Data Governance programs. Software does not yet support the identification process. CDEs may be described as the specific data needed for doing business (requiring high-quality data) or the specific data that is extremely sensitive (requiring good security). These particular data […]

Data Visualization Best Practices

Good data visualizations boost business data literacy by presenting well-thought-out dashboards or reports that show data assets for quicker and more straightforward consumption. Following data visualization best practices leads to positive outcomes for organizations. These benefits include reducing the time and costs of questions data consumers ask by answering them up front in the data visualizations. Additionally, good visualizations increase consistency […]

Getting Executive Buy-in for Data Management

Within the last several years, the marketplace has shifted from industrial-produced to data-based. Consequently, many companies have a strong drive to become data-driven, from financial firms to nonprofits. Yet, when C-suite managers and others discuss making money from data, they see the face of data analytics and Data Science. These conversations miss the Data Architecture and Data Management fundamentals […]

Core Data Concepts for Digital Transformation

Without a clear understanding of core data concepts, communications around implementing an organizational Data Management initiative can become a muddle. As different teams come together to plan and organize data activities, they must integrate what they mean about data with any technologies. For example, take the term “Data Governance.” Data engineers building systems and tools to enable […]

Data Literacy 101

From social media to online shopping, data is generated and collected at an unprecedented rate. In the current data-powered society, it is crucial to be able to understand and interpret all types of data. Data literacy – the ability to read, analyze, and communicate with data – is crucial to use the power of data. […]

How Data Governance and Data Literacy Overlap

In today’s tech-driven world, with 120 zettabytes generated annually, most of us already use data – and lots of it. “Everyone who reads a paper or scrolls through the Internet is already acquainted with data,” said Wendy Lynch, founder of analytic-translator.com and Lynch Consulting, in a recent Elevating Enterprise Data Literacy webinar. “We depend on data, compare data, react to data, […]