How do you identify and prioritize data quality issues and improvement opportunities?
Data quality is the degree to which your data is accurate, complete, consistent, timely, and relevant for your business goals and needs. Poor data quality can lead to inaccurate insights, wasted resources, missed opportunities, and lower customer satisfaction. Therefore, it is essential to identify and prioritize data quality issues and improvement opportunities in your data strategy. In this article, you will learn how to do that in six steps.
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Impact assessment:Evaluate the business impact of data issues to prioritize fixing them. If breaking a data rule has a significant effect, it's worth your resources to address it promptly.
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Prioritize by criticality:Focus on data quality issues that have the highest impact on your business operations or compliance requirements. Tackling these first ensures you're safeguarding what matters most.