Summary
Your business is only as good as your data.
As you can see in the two case studies, the quality of your business insights, decisions, and actions is directly proportional to the quality of your data. Therefore, investing in effective data stewardship is not just a choice but also a necessity for your business’s success.
A business’s data culture is the union of its data mindset and data skill set. A data mindset pertains to the direction your organization takes when it comes to data management. It embodies the values, attitudes, and beliefs that your organization holds toward data. Conversely, a data skillset serves as the enabler. It comprises the practical skills, knowledge, and abilities that allow your organization to handle, analyze, and interpret data effectively.
Treating data as an asset is a fundamental shift in perspective that is essential for modern businesses. Data is not merely an operational by-product; it is a key resource that can drive...