Summary of Five Building Blocks of a Data-Driven Culture

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Five Building Blocks of a Data-Driven Culture summary
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Data can make companies more profitable and innovative but only if used properly. Certain basic principles can help you create an infrastructure that maximizes data’s usefulness and minimizes misuse. Carl Anderson and Michael Li offer a clear and example-filled article with generally applicable recommendations for any manager or administrator hoping to develop their teams – or any leader who could use a refresher. 

About the Authors

Carl Anderson, a former data analyst, is the author of Creating a Data-Driven OrganizationMichael Li is founder of The Data Incubator, an eight-week fellowship to help PhDs and postdocs transition from academia into industry.

 

Summary

Companies that embrace data tend to be more successful than those that don’t.

Organizations benefit immensely from data – provided they use it correctly. Data require serious investment and effort which shouldn’t go to waste. Managers should follow certain foundational principles to ensure their business gets the most value.

Having one central interface makes it easier for analysts and other back-end users to locate the information they need and makes management...


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