Curing the Negative Business Impact of Poor Data Quality
People and things are waiting for quality data. If the data is not complete, on-time and accurate there multiple negative business implications. It goes beyond dollars and cents. Bad data slows employees down, they feel their performance is suffering. According to the Harvard Business Review, the reason bad data costs so much is that decision makers, managers, knowledge workers, data scientists, and others must accommodate it in their everyday work. And doing so is both time-consuming and expensive. The data that is needed may have plenty of errors, and in the face of a critical deadline, many individuals simply make corrections themselves to complete the task at hand...aka the “hero” approach. Bad data is bad for business. Ovum Research reported that poor quality data is costing businesses at least 30% of revenues. Excess inventory, scrap, rework, mis-schedules are just a few examples of the impact. Resulting in reduced revenue, decreased margins and worst of all, unhappy customers.
In this session you will learn approaches for significantly improving data quality within your organization. From master data, through transactional data to analytics data. If your plan is to become a “Digital Business” you have to have a solid data foundation.
Details coming soon. Please take note of our NEW Meeting Location - Notos in Cascade, MI (Map & Address Below)
8:00 - 8:30 | Registration & Networking
8:30 - 8:45 | Welcome & Introductions
8:45 - 8:55 | Sponsor Profile
8:55 - 9:10 | Member Profile
9:10 - 10:00 | Content Expert
10:00- 10:15 | Break
10:15 - 11:30 | Presenter and/or Panel
11:30 - 12:00 | Discussion & Lunch
Map & Parking - Please take notice of our NEW Meeting Location!
Notos is located 1 1/4 mile east of I-96 on 28th Street (Exit 43B), on the south side of the street - 6600 28th Street SE, Grand Rapids, MI 49546. Parking is free.
Map to Notos Old World Italian Dining