The Volume of data that we generate grows constantly so reviewing your data and really understanding the value that it has, is hugely important as it helps to understand problems facing an organisation and explore solutions in a meaningful way.
Benefits of collecting data:
- Data empowers you to make informed decisions and take advantage of new opportunities.
- Data helps you identify problems and take action to solve them.
- To truly implement effective solutions, you need to understand what is happening at different locations and in different departments. Data allows you to do this.
- Data tells you what you’re doing well - gives you the power to see your strengths and to implement the same methods across your organisation.