Infocentric and infosavvy organizations, ideally under the leadership of a chief data officer (CDO) and other executives, must use these measures to change their culture, make information-related decisions, and apply well-established asset management principles and practices to managing their newly anointed information assets.

Human Resources (HR) teams are often data rich but insight poor. Therefore, an effective data management strategy and data quality initiative must be implemented to better control the health of a business’ most valuable asset Efficiency Improvements: If your data is properly managed, updated, and enhanced, its accessibility and your organizational efficiency will increase exponentially. If used properly, data becomes the most important asset of any HR team. Here we look at how data … Although data is one of the most important ‘raw materials’ of the modern world, most organizations do not treat it that way. Regulatory bodies demand data to ensure compliance, sects of business source data to build databases and provide guidance, and individual businesses collect data in order to self-improve. We all know we’re currently in an age of intensified information gathering. Your data is an asset and should be carefully cultivated, managed and refined into information which will allow you to better serve your community and ensure you remain viable in today’s competitive landscape. Why your data is your most important asset By: John Jacobs, Business Development Representative at BioTrackTHC June 4, 2018.