#datastrategy #expertisematters #businessintelligence #decisionmaking Reports are the backbone of informed decision-making, but their effectiveness hinges on more than just numbers. The quality of a report depends greatly on the reader's expertise. Discerning which data holds significance requires specialized knowledge. It's not just about gathering information; it's about filtering and applying it strategically to YOUR objectives, aligning every data point with your unique goals and challenges. Novices focused solely on tasks in data integration might inadvertently miss critical nuances, leaving organizations vulnerable to compliance risks and financial pitfalls. Understanding the intricacies of data integration ensures smoother operations and mitigates potential setbacks. How do you ensure that the reports you depend on are in sync with your goals and adequately reduce risks in your organization?
Mev Markashi RN, CHFP, CSBI’s Post
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Let’s face it. We all wish we could just pluck some cash off a tree, but unfortunately, that’s not how it works. Similarly, you can’t expect your data to magically solve your business problems without proper management. Bad data practices can cost you a fortune, so it’s important to make the most of your data. Want to save your bottom line and boost your business? Then let’s work together to cultivate an efficient and cost-effective data management strategy. #DataIsMoney #BusinessGrowth #Compliance #STEP
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Enhance your business operations with our latest article: The Ultimate Guide to Data Accuracy and Integrity for Businesses. Learn practical strategies to ensure your data is precise, reliable, and beneficial. Understand key principles for maintaining data quality and the best practices for avoiding common pitfalls. This guide is a must-read for anyone looking to improve their data management processes: https://lnkd.in/dDTtumvN #DataManagement #BusinessIntelligence #DataQuality #DataIntegrity #BusinessGrowth
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#Dataquality: Establishing robust frameworks A solid data quality framework is essential for ensuring reliable, accurate data that supports both compliance and business objectives. Organizations must develop and implement best practices to maintain high data quality across diverse environments. Join your fellow Enterprise Data Strategy Board members as we confidentially discuss: What frameworks and best practices are you implementing to ensure high data quality? How do you balance regulatory requirements with the need for robust #data quality in all areas of your organization? What strategies are effective for continuous monitoring and improvement of data quality? There are never consultants or vendors in our conversations, only your peers at other billion-dollar companies. Come prepared to share your experiences and challenges and gain insights into enhancing your organization’s data quality practices: https://lnkd.in/gUhqbjT2
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Enhance your business operations with our latest article: The Ultimate Guide to Data Accuracy and Integrity for Businesses. Learn practical strategies to ensure your data is precise, reliable, and beneficial. Understand key principles for maintaining data quality and the best practices for avoiding common pitfalls. This guide is a must-read for anyone looking to improve their data management processes: https://lnkd.in/dDTtumvN #DataManagement #BusinessIntelligence #DataQuality #DataIntegrity #BusinessGrowth
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If you have to look for YouTube videos to understand how to use a software then something is wrong… If you need to connect plug-ins and send your data somewhere else to answer your questions then something is wrong… Users love 10Compliance because it gives decision makers everything they need in one place without the need of extensive training. Visibility & productivity at the click of a button!
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Let’s face it. We all wish we could just pluck some cash off a tree, but unfortunately, that’s not how it works. Similarly, you can’t expect your data to magically solve your business problems without proper management. Bad data practices can cost you a fortune, so it’s important to make the most of your data. Want to save your bottom line and boost your business? Then let’s work together to cultivate an efficient and cost-effective data management strategy. Schedule a no-obligation consultation at https://lnkd.in/e52SsWpe.
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Does everyone in your organization inherently understand how data should be gathered, in what units of measure, and employing consistent methods? ✏ 🖍 Inconsistencies in data collection methods, terminology and metrics can lead to confusion and inaccuracies. 🤔 Without standardized processes and robust data governance frameworks, discrepancies in data interpretation and reporting are bound to arise. This lack of cohesion undermines your data’s reliability and trustworthiness. Do you know how important real-time data collection can be in your office?
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I wonder how many businesses could quickly find what data they used yesterday I suspect a sizeable chunk probably couldn't easily say what data they hold period. Data Visibility is important and underappreciated. How can someone in your organization know who to go to, or where they can get the information they need, if they don't even know what's available? That should be the starting point for most businesses interested in better utilization of their data - if you don't have it already, just getting pen to paper, and describing what systems you have, what data they include, and then making that available for anyone who might need it, could be incredibly beneficial. Ownership, Governance, Management, Analysis and everything else can come later. I think it's better to start where it makes sense to start...
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