Questions and Answers
What was the estimated cost of poor data quality to global businesses annually?
$3 trillion
What is the purpose of a data strategy according to the text?
To maximise the use of data
Which company did Roberts Group partner with to establish an effective data strategy for their franchise business model?
A global retail brand
Study Notes
Data Quality and Strategy
- The estimated annual cost of poor data quality to global businesses is significant.
Establishing Effective Data Strategy
- A data strategy is essential to maximize the potential of data and minimize its risks.
- Roberts Group partnered with Accenture to establish an effective data strategy for their franchise business model.
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