It never ceases to amaze me. Organizations of all types are awash in data. Those able to harness the power of that data, such as Walmart and Harrah’s, are able to achieve greater long-term revenues and profits, while keeping expenses at a minimum.
Of course, this is much easier said than done. Throughout my career, I have seen organizations struggle attempting to answer some ostensibly simple questions, such as:
- How many people work here?
- How much did we spend on (insert name of expense)?
- Does anyone have a list of our customers?
The bottom line is that most organizations are awash in data issues. With this in mind, it was with great interest that I recently spoke with Tony Fisher, CEO of DataFlux and author of The Data Asset: How Smart Companies Govern Their Data for Business Success.
Disclaimer: I write for the DataRoundtable.
In episode 12 of Technology Today, Tony answers questions such as:
- What’s the state of most organizations’ data?
- How should organizations begin data quality initiatives?
- How do organizations “graduate” to higher levels of data maturity?
- How do technology, people, and process relate to data?