Typically, if we can improve the quality of data, then we will have better information to support decision making. Better decisions will lead to better outcomes/results and will in turn be likely to have better quality data arising from them.
How complete is your asset inventory?
For infrastructure, transport and utilities organisations, the asset inventory is the central list of all the assets of interest to the organisation. This is a critical enabler for most asset management activities. If an asset does not appear in an
What are your data beliefs?
This year’s Institute of Asset Management lecture was given by cognitive psychologist and specialist in leadership performance, behavioural change and culture, Javier Bajer. Javier explained in a very engaging manner three fallacies about change and I thought the final one makes a
The Line of Sight Between Data, Safety and Performance
The safety of an organisation’s people is always of paramount importance. A number of industries place people in environments that carry risk in their everyday jobs. But the importance of data in the drive towards enhanced safety is often overlooked
Does your data give you a Bloomer or sliced granary loaf?
I guess it depends on what you want; both would be acceptable as a piece of bread. However, the occasion and its intended use will be the likely leading deciding factors. For example, a roll may be more appropriate for
Can you do effective Business Analysis without Data Analysis?
A colleague and I attended a well respected Business Analysis conference this week. One of things that we both noticed was that, whilst there was much talk of lean/agile approaches and customer engagement, there was precious little talk about data
How Poor Data Can Have Multibillion Pound Impacts
I recently attended a conference hosted by the Rail Alliance on the subject of Whole Life Costing (WLC) in the rail industry. The event seemed primarily focused at HS2 and what lessons could be learned from across the industry for
New IT System, Same Old Data Problems. Part 3 – Avoiding surprises and minimising risk
In the previous parts of this blog we considered how data quality can impact the success of software implementation projects. In Part 1 we discussed how expectations of benefits that a new system may deliver may be tarnished by existing
New IT System, Same Old Data Problems. Part 2 – A pig with lipstick on is still a pig
In Part 1 of this series of posts, we discussed how your existing business data could limit the benefits of a new information system and said there is likely to be work to do to mitigate those risks. No matter what system
New IT System, Same old Data Problems. Part 1 – The lure of the shiny new toy
A new business information system, or decision support tool, is a big investment, but if you are considering buying a new system which promises to improve organisational effectiveness and efficiency, how confident are you that it will achieve these objectives if your underlying business data