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Showing posts with the label data quality

Understanding the Pillars of Data Quality

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Imagine, you are baking a cake. You have all the ingredients except eggs. Of course, you could improvise but most probably instead of the moist chocolate cake, you end up with a dry science experiment. Incomplete data leaves everyone unsatisfied. During the decision-making party, every data quality dimension is an important guest with a unique vibe: Good Data should be C omplete , when all data attributes, that describe data in its fullness, are present as a part of your data. This guest keeps the party snacks stock full and makes sure no one gets hungry. Incomplete data leads to half-baked insights. Good Data should be Accurate . This means that the data correctly describes its objects and accurately reflects the reality. This party guest is a perfectionist, checking that the playlist is perfectly chosen. Good Data should be Timely . This means that the data is fresh. No one wants to eat last week's sushi. It's not only unappetizing; it is downright risky. This guest makes sur...

What is Data Governance?

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"What is Data Governance?", a curious kid asks, peeking above my shoulder into the laptop screen. He is 14 and frequently asks questions with no interest in knowing the answer. Just like many other people around me. "That's a great question", - the first thing you would say when you have no good strategy for how to approach the question. The second part is to think aloud. After a few minutes of gathering my thoughts: "consider the term "data" as a  synonym of "useful information". We use the information to support decision-making and choosing strategy.   Regardless of whether we are talking about a household or business, having a proper strategy ensures efficient business management and somewhat helps to forecast the future. Data Governance is a system that controls every aspect of the data lifecycle - the series of stages the data goes through, from being captured, stored and used, to data asset destruction. This system helps to ensure ...