A case for moving on as data volume is exploding
The evolution from more manual methods of collecting and interpreting data to easy-to-find and use visualizations will not take place in a bubble. Depending on how your enterprise chooses to take this on, there could be a significant impact on people and businesses overall.
Enterprise data is quickly becoming faster, bigger and available in real-time. By 2025, smart workflows and seamless interactions among humans and machines will likely be as standard as the corporate balance sheet, and most employees will use data to optimise nearly every aspect of their work. We cover two important topics on managing increased data volume:
The impact of data on people at work
Things people need to make their data better
How is increased volume of data impacting people at work?
As companies add new data sets with the latest ‘thing to measure’, IoT sensors, and software solutions, they’re asking more from their teams.
There's a cumulative effect on people when they are required to do more with increasingly fragmented information and data silos. While team leaders are wrangling data and managing staff turnover, this is how it’s happening:
People are falling behind in their day-to-day
They are working overtime to catch up
This pace is unsustainable and people are quitting
When the technology first paradigm is turned on its head, then people become the solution to the problem of managing the data volume.
Three things people need to make their workday better
When it comes to managing a data strategy, there needs to be a clear vision that bridges the gap between business and technology. This is especially important for companies who are doing this for the first time. If executed in a way that includes people in the process then there's an ongoing improvement in their day.
Under the pressure of greater data volume, here are three things needed to make that happen.
One single source of truth
Resilience to change is needed in times of growth. So, when an organization has a single source of truth (SSoT), then it’s in a better position to scale successfully. In addition, this move from a reactive to a proactive environment fosters workplace satisfaction.
Freedom from data wrangling
In a typical data wrangling scenario, people respond to a request for information with meetings and a flurry of activity. When people have access to self-serve, on-demand data then they can spend time on high-value work instead of piecing together data points.
Better Data quality
People who have reliable, up-to-date information at their fingertips have a quality snapshot of their business. Imagine your day with easy-to-access reporting that not only empowers decision making, but helps you identify previously hidden opportunities.