6 Reasons Companies Ignore Data Quality Issues.ppt
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Transcript of 6 Reasons Companies Ignore Data Quality Issues.ppt
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6 Reasons Companies Ignore Data Quality
Issues
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Why Do They Do It?
When data quality issues occur, managers may be tempted simply to:
Leverage existing tools to meet the perceived data cleansing needs
Reinforce existing business processes
Educate users in support of good data
These practices on their own will not solve the problem
The following list showcases why businesses have stuck their heads in the proverbial data quality ‘sand’
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Reason 1
“We don’t need it. We just need to reinforce the business rules”
Reinforcing business rules and standards won’t prevent all of your problems
Not all data quality errors are attributable to lazy or untrained employees
Consider nicknames, multiple legitimate addresses and variations on foreign spellings
While its good to get your process and team in line, you still have to clean up your mess!
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Reason 2
“We already have it. We just need to use it”
Many companies have used up valuable time, funds and resources attempting to create a sufficient data quality solution out of an existing software tool
Stakeholders mistakenly think that data quality tools are inherent in existing applications, or are a modular function that can be added on
Managers with sophisticated CRM or ERP tools in place may find it hard to believe that their expensive investment doesn’t account for data quality
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Reason 3
“We have no resources”
When company resources are maxed out (human, IT, financial), the idea of data quality initiatives can seem foolhardy
Most business don’t have a clear approach to their own requirements
Procrastination of data quality issues isn’t the answer!
The time it takes staff to navigate data with inherent problems, can take a serious toll on efficiency
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Reason 4
“Nobody cares about data quality”
At times there is only one lone voice advocating for data quality
Find the people who get it!
They can usually be found in the trenches, attempting to work with the data.
They are not empowered to resolve the data quality issues, but they care because it impacts their job
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In trials, the matchIT API found 80% more accurate matches to the MPS file than Experian Intact’s Bureau
Reason 5
“It’s in the queue”
There are those businesses that recognize the importance of data quality, but they place it behind larger projects
Data quality should be implemented before records move to a new environment
Garbage in = garbage out
The unfamiliarity of a new system or process often negates the challenge of cleansing data errors that have migrated from the old system
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Reason 6
“I can’t justify the cost”
This is one of the biggest data quality challenges
Just because you can’t capture the cost of bad data in a single number doesn’t mean its not affecting your bottom line
If you can’t justify the cost for fixing the problem, try to justify the cost of doing absolutely nothing
Turn your argument around to get things moving in a new direction
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