STRATEGY MANAGEMENT: Are You Turning a Blind Eye to Data Quality?

April 7, 2011

by Gary Cokins

The pipe that feeds raw transactional data into performance management systems doesn’t get anything close to the attention it deserves. Garbage in, garbage out? Not quite, but the implications of poor data governance are disturbing, says blogger Gary Cokins.

Turning a Blind Eye to Data Governance | Source: The Big Fat Finance Blog.

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Once a new strategically

Once a new strategically managed organization or project has been launched, qualitative and quantitative analysis and monitoring must be carried out on a regular basis to make sure that goals are being achieved. If circumstances have changed, activities need to be changed and even curtailed to make sure that goals are achieved regardless of these specific circumstances.

Data is a corporate asset

Data is a corporate asset and has to be consistent across the entire corporation, not just within the business function or division where it originated. installment loans