By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics in sports industry
    Here’s How Data Analytics In Sports Is Changing The Game
    6 Min Read
    data analytics on nursing career
    Advances in Data Analytics Are Rapidly Transforming Nursing
    8 Min Read
    data analytics reveals the benefits of MBA
    Data Analytics Technology Proves Benefits of an MBA
    9 Min Read
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Do We Really Need More Data?
Share
Notification Show More
Latest News
data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > Do We Really Need More Data?
Business IntelligenceCRMData MiningPredictive Analytics

Do We Really Need More Data?

JamesTaylor
Last updated: 2009/04/04 at 5:05 AM
JamesTaylor
3 Min Read
SHARE

Stephen Few had another of his great posts on his Visual Business Intelligence blog – Do We Really Need More Data?. Stephen’s posts are always worth reading – I highly recommend the blog – and this one prompted me to comment and I thought I would reproduce the comment here.

I see this problem regularly, albeit from a slightly different perspective. I often come across organizations that insist they need to gather more data, clean it more thoroughly or integrate it more tightly before they can do anything else. Yet they have not thought about the decisions they are trying to make with that data. When they do, they sometimes realize that they have all the data they need for that decision or that cleaning the data better won’t improve the decision making. Often they discover that the data they need to improve the decision is not the data they were going to collect or clean or integrate. Sometimes what is needed to make better decisions is not even data, but a better understanding of regulations or policies.

This “data-first” attitude does not help organizations – unless they understand the decisions they are making, how they are making them and, as you say, what their mental models/uns…

More Read

data visualization for small business

Data Visualization Boosts Business Scalability with Sales Mapping

5 Best Practices for Extracting, Analyzing, and Visualizing Data
5 Ways to Streamline Your Business Data for Maximum Efficiency
10 Important Ways Data Visualization Can Benefit Your Content Strategy
From Raw Data to Visualization: Marvel Social Graph Analysis

Stephen Few had another of his great posts on his Visual Business Intelligence blog – Do We Really Need More Data?. Stephen’s posts are always worth reading – I highly recommend the blog – and this one prompted me to comment and I thought I would reproduce the comment here.

I see this problem regularly, albeit from a slightly different perspective. I often come across organizations that insist they need to gather more data, clean it more thoroughly or integrate it more tightly before they can do anything else. Yet they have not thought about the decisions they are trying to make with that data. When they do, they sometimes realize that they have all the data they need for that decision or that cleaning the data better won’t improve the decision making. Often they discover that the data they need to improve the decision is not the data they were going to collect or clean or integrate. Sometimes what is needed to make better decisions is not even data, but a better understanding of regulations or policies.

This “data-first” attitude does not help organizations – unless they understand the decisions they are making, how they are making them and, as you say, what their mental models/unspoken rules might be they will never improve performance.


Link to original post

TAGGED: data visualization, decision management
JamesTaylor April 4, 2009
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

data visualization for small business
Data Visualization

Data Visualization Boosts Business Scalability with Sales Mapping

7 Min Read
big data visualization
Data Visualization

5 Best Practices for Extracting, Analyzing, and Visualizing Data

6 Min Read
streamline business data effectively
Big Data

5 Ways to Streamline Your Business Data for Maximum Efficiency

6 Min Read
Data Visualization
Data Visualization

10 Important Ways Data Visualization Can Benefit Your Content Strategy

13 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?