Having accurate data is one of the most important things an organization can do to succeed. Data can be used to clarify past events, create predictions for future events and to recommend steps that can drive members toward a desired goal.
But if your data is outdated, wrong, exclusive, or not recorded right, your organization could be following a strategic plan not fit for success. That’s why it is so important to make sure your data is up-to-date. Low-quality data may in-fact be worse than no data at all.
As business analytics expert and Sidecar course presenter Thad Lurie says, low-quality data is a real problem for most organizations because:
So how do we address this issue?
Stay up-to-date! Offer surveys once or twice a year to figure out how inclusive your organization is, try to avoid manual data entry, have a strong organization plan for the data and have a clear and concise style guide for data entries.
Keep these six dimensions of data quality in mind when examining your organization's data:
Want to learn more about data through our Introduction to Business Analytics course? Sidecar members have the opportunity to access this course and more than 15 others through Sidecar Academy.
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Ashley Neal joined the Sidecar team as Community Coordinator in March of 2020, right as the COVID-19 pandemic began to shut down life as we knew it. Having to adapt, overcome and predict the changes needed to survive in the new normal, Ashley now has the skills needed to juggle any obstacle thrown her way. A soon-to-be graduate from Southeastern Louisiana University in the field of Strategic Communications, Ashley spends her days balancing her work and education with her love of dogs. Taking her three dogs — Scooby, Pipsqueak and Moose — to restaurants, hiking trails, vacations and even participating in dog shows and sports is the highlight of her weekends.