Data should always play a role in decision making for any organization. When used properly, different types of data can guide the direction in which an organization heads in. It can also be used to correct inconsistencies or to better the organization as a whole. Data needs to be relevant, persistent, consistent and easy to read.
Relevant data from different areas in an organization can be unified to clearly show how an organization is doing. For example, have data on the budget, status of different projects, and overall health of the organization can guide the organization leader to make decisions on where to invest funds in.
Persistent and consistent data can also help different parts of the organization know if they are meeting expectations. If they are not, having that data can explain what needs to be done in order to solve any issues. And if that part of the organization is succeeding, then other projects can be sped up and executed faster.
Easy to read data is beneficial because of its simplicity. That way data can be presented in effective displays that clearly demonstrate that status of an organization.
An organization that manages its data effectively and uses it to advise its current and future plans can be better prepared to ensure that it has a secure future.
Relevant data from different areas in an organization can be unified to clearly show how an organization is doing. For example, have data on the budget, status of different projects, and overall health of the organization can guide the organization leader to make decisions on where to invest funds in.
Persistent and consistent data can also help different parts of the organization know if they are meeting expectations. If they are not, having that data can explain what needs to be done in order to solve any issues. And if that part of the organization is succeeding, then other projects can be sped up and executed faster.
Easy to read data is beneficial because of its simplicity. That way data can be presented in effective displays that clearly demonstrate that status of an organization.
An organization that manages its data effectively and uses it to advise its current and future plans can be better prepared to ensure that it has a secure future.