Data Governance

7 DECIDE

Geoff Clarke

Whether it’s written in a book or stored in some vast data centre, data on its own is of no use. Like any asset, we need to do something with data to make it useful – and that ‘do something’ is to make a decision.

In fact, we can go a step further and say that the end value of data is the value of the decisions that are made using that data.

But before we can make a decision – at least one that is based on facts rather than intuition – we need to extract the data from our data stores so that we have the right information in the right format. In other words, we need to have the facts in front of us in a comprehensible format so that we can make a decision based on them. This extraction and analysis of data is called ...