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10. Collecting data is only a few decades old

No wonder we're dealing with "growing pains". Few corporations actually planned their data strategy, and their IT infrastructure grew in a time when data were being handled in silos. As data are being shared and warehoused increasingly, we need to think through the goals and objectives of the enterprise with regards to the data. This is all fairly new, and few if any 'established' standards exist. A sort of 'global plan' or 'road map' as to where and how to expand on existing capabilities is a sound investment to manage project risks. Also, this 'road map' needs to conform to the existing IT strategy. Time and money will only be invested if project goals are in line with the overall corporate strategies. The road is littered with unsuccessful BI projects, many of which started without a clear business case. A well-conceived data strategy greatly leverages the considerable investments that are needed to get the best mileage from your data.

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Source "Data Quality - Tom's Ten Data Tips"

Tom Breur: Biographical Sketch

Tom Breur is a consultant out of deep passion for his work.
He can be profoundly analytic, in his passionate quest to drive out the deepest business issues and the nexus point of a business model. It’s all about finding where the least effort will generate the most results.

Once the business challenge becomes clear Tom loves to roll up his sleeves and get his ‘hands dirty’.

Be it data analysis, market research, data mining or database work. Once the hands-on work gets started, his eyes begin to flicker, and he has a tendency to get carried away.

Tom has an academic background in Psychology, an education he took up twice. Initially he majored in Clinical Psychology (1986), years later he went back to college to study Economic Psychology (1996) with an emphasis on quantitative methods.

Tom is fluent in Dutch, English, French and German.

XLNT Consulting - Turning Data Into Dollars

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