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Data Quality
                 From Theory to Practice

         MARCUS EVANS CONFERENCES
Paul Ormonde-James
Group Intelligence
MBF Australia
Agenda


         •   Why is data quality important?
The problem to be solved…..

                              Target




     You
     are
     here
The problem to be solved…..

                              Target




     You
     are
     here
Paul Ormonde-James – Presenter, Speaker, Author

       • Paul, has spent many years in the field of
         Change Management. He has
         qualifications in Cybernetics (Robotics &
         Artificial Intelligence), Computer Sciences,
         a Master of Business Administration (MBA)
         and post grad in Company Law. He has
         driven many change programs and used
         Business Intelligence, Competitive
         Intelligence and Knowledge Management
         to drive such cultural change to increase
         company value.
Business Intelligence, simply…..

            Corporate Survival & Growth
                       “Growing through Knowing”




            More effective decision making




At the



To the
Business BI
Why do we need data quality?

   •   There is a growing cross-industry recognition of the value of
       high-quality data.

   •   2001 PricewaterhouseCoopers Global Data Management
       Survey, 75 percent of the senior executives reported significant
       problems as a result of defective data.

   •   In 2002, The Data Warehousing Institute published its Report
       on Data Quality in which they estimated that the cost of poor
       data quality to U.S. businesses exceeds $600 billion each year.

   •   Two critical pieces of legislation passed within the past few
       years impose strict information quality requirements on both
       public corporations in the U.S. (the Sarbanes-Oxley Act of
       2002)

   •   As well as U.S. federal agencies (The Data Quality Act of
       2001).

   •   Both of these laws require organizations to provide auditable
       details as to the levels of their information quality.
Do Managers really understand data quality?????

        • How many times does a manager or executive ask
          where the data comes from?

        • How many executives understand the numerous
          data sources in and across an organisation

        • How many Executives understand the errors
          generated as incorrect data is summarised.

        • Are executives more focussed on quality data the
          more important the decision?
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide
Data quality practical guide

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Data quality practical guide

  • 1. Data Quality From Theory to Practice MARCUS EVANS CONFERENCES Paul Ormonde-James Group Intelligence MBF Australia
  • 2. Agenda • Why is data quality important?
  • 3. The problem to be solved….. Target You are here
  • 4. The problem to be solved….. Target You are here
  • 5. Paul Ormonde-James – Presenter, Speaker, Author • Paul, has spent many years in the field of Change Management. He has qualifications in Cybernetics (Robotics & Artificial Intelligence), Computer Sciences, a Master of Business Administration (MBA) and post grad in Company Law. He has driven many change programs and used Business Intelligence, Competitive Intelligence and Knowledge Management to drive such cultural change to increase company value.
  • 6. Business Intelligence, simply….. Corporate Survival & Growth “Growing through Knowing” More effective decision making At the To the
  • 7.
  • 9. Why do we need data quality? • There is a growing cross-industry recognition of the value of high-quality data. • 2001 PricewaterhouseCoopers Global Data Management Survey, 75 percent of the senior executives reported significant problems as a result of defective data. • In 2002, The Data Warehousing Institute published its Report on Data Quality in which they estimated that the cost of poor data quality to U.S. businesses exceeds $600 billion each year. • Two critical pieces of legislation passed within the past few years impose strict information quality requirements on both public corporations in the U.S. (the Sarbanes-Oxley Act of 2002) • As well as U.S. federal agencies (The Data Quality Act of 2001). • Both of these laws require organizations to provide auditable details as to the levels of their information quality.
  • 10. Do Managers really understand data quality????? • How many times does a manager or executive ask where the data comes from? • How many executives understand the numerous data sources in and across an organisation • How many Executives understand the errors generated as incorrect data is summarised. • Are executives more focussed on quality data the more important the decision?