Analytics Challenge: Lack of Data Literacy Among Stakeholders

The symbiotic relationship between technical analytics development and business utilization underscores the heightened emphasis on data literacy skills. Recognizing that literacy demands effort from technical and business domains, analysts must simplify and convey insights while business teams must effectively apply them.

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The Fragmentation of Psychological Science

The phenomenon of repackaging old ideas, as seen across different eras in psychology (but exists in every discipline), raises questions about the practices of pop psychologists like (dare I suggest) Brené Brown, who often employs grounded theory—a methodology typically reserved for less understood phenomena—to restate established concepts under the guise of novelty. For example, Brown's claim of inventing the idea that individuals adapt their identities within group settings restates theories already well-explored by Smith and Berg in the late '90s, illustrating a tendency among some in the field to "invent" rather than build on existing knowledge. This practice not only misrepresents the originality of an idea but also contributes to the unnecessary fragmentation of psychological science. We must become more discerning. https://lnkd.in/g3BwXRAF

The excessive creation of new constructs and measures leads to fragmentation, complicating the generation of insights and creating barriers to knowledge transfer. This fragmentation makes it difficult to compare results across experiments, limiting the development of a cohesive understanding of phenomena and impeding progress.

To address the challenges of fragmentation, there needs to be a shift toward greater hashtag#methodologicalrigor. We must improve, reuse, and validate existing constructs and hashtag#measures rather than continuously inventing new ones. This approach would make applying insights effectively in hashtag#decisionmaking processes easier and foster a more standardized and accessible body of knowledge.

🎯THERE IS A BETTER WAY
Improve methodological rigor and data quality processes. Apply operational excellence. Leverage data quality and senior stakeholder management to streamline data transformation processes. For example, by identifying and eliminating redundancies in data collection and processing, data-driven decisions' timeliness significantly improves and becomes more accurate.

Key Performance Indicators (KPIs) include efficiency, productivity, and quality outcomes. Focusing on DQ and meta data management and developing or refining KPIs that accurately track the performance of data transformation processes can ensure they align with organizational goals for operational excellence.

🎯WHY PRIOTIZE DQ KPIs?
They ensure accurate, reliable metrics for decision-making. High-quality data underpins effective KPIs, enabling organizations to track performance accurately and make informed strategic decisions, which is essential for operational excellence.

🎯WHY DOES STAKEHOLDER MANAGEMENT MATTER?
It nurtures beneficial relationships between a business and its stakeholders, creating shared value. It helps avoid or resolve conflicts, secure support, communicate effectively, and manage expectations, which is essential for operational excellence.

All Technology Projects are Data Projects

One of the biggest ideas in Driving Data Projects (the book) is that "all technology projects are data projects." Yet data is still an afterthought in many organizations—even with AI on the horizon (or now, in many firms' backyards).

Author of Data Quality: The Field Guide, Tom Redman, popularized the idea that the most important moments in a piece of data's lifetime are the moment it is created and the moment it is used. These moments often occur outside of IT. The business consumes vast amounts of data, emphasizing the importance of business involvement in data quality management. Those who have provisioned and consumed data know from experience that bad data dies hard. It will get rid of you if you don't get rid of it.

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4 Perspectives to drive effective data translation

When driving data projects, you will encounter business stakeholder challenges that often go unspoken. This is not always because people hold back but because they don't fully know how to vocalize their constraints.

If they can't directly address their requirement, chances are we can't either. To hear others' speech, we start by asking questions from different perspectives.

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Resistance mitigation strategies

Change management wouldn’t be so hard if it weren’t for…the people. Open issues or objections left unresolved today cost time down the road. Suppose work starts before these concerns are mitigated. Stakeholders might get frustrated or begin to hold back their participation. Work produced might have difficulty getting implemented. Buy-in realizes impact.

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