It is very important for companies to recognize that the data they own are assets that should be protected and managed for maximum benefit. Before this can be done the data that is most important to the business should be identified. This important article proposes two ways of identifying such data, namely: Pinpointing the data that a) can have the most impact on the organization's overall performance and b) are most unique, novel, or different. Several very helpful suggestions are also made on how such data can be optimally managed and utilized.
Data backups are not as simple as it used to be (If it was indeed ever thus!). Modern ways of working means that a great deal critical data is likely to reside offsite rather than on your treasured backup tapes!
Strategic Path interviews Tom Redman regarding the right approaches to Data Quality, the economic crisis and his upcoming keynote at DQ Asia.
... and how to prevent it
A perennial problem for IT departments is getting business buy-in to the accountability for data quality. Poor data quality impairs the business ability to manage its outcomes – but there is often little or nothing that IT can do to fix the problem.
Successful people in knowledge professions understand that delivering value from knowledge is primarily about people and their interactions. Through sharing ideas, 'knowledge people' build trusting relationships and make a difference.