What Good Data Looks Like
Data is a crucial resource for a wide variety of stakeholders across any organization. It’s the key that unlocks better, faster, and more informed decision making. Data helps organizations identify issues before they evolve into costly problems and spot hidden opportunities to gain a competitive edge. Yet, data is only useful if it’s good data. Messy, incomplete, and inaccurate data is useless at best and dangerous at worst. Organizations must ensure data quality before making data-based decisions.
In this article, APQC’s Director of Open Standards Benchmarking® (OSB) Rick McCarthy and Operations Manager Matt Norman explain the importance of data validation and how to know if your data is reliable and fit for purpose.