Comments on: How much does poor data quality cost your organization? https://www.lightsondata.com/how-much-does-poor-data-quality-cost-your-organization/ Practical resources, online courses, free articles and videos for data management, data governance, data quality, and business intelligence Thu, 04 Jul 2019 02:21:03 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: Gordon Hamilton https://www.lightsondata.com/how-much-does-poor-data-quality-cost-your-organization/#comments/41 http://www.lightsondata.com/?p=982#comment-41 In reply to Milan Kucera.

Hi Milan, thank you for your insightful comments on this important topic. I am just a DQ teacher, and I really appreciate your years of experience implementing and measuring these costs. Your comments illustrate some really useful ideas and techniques that should share more widely. Would you consider writing a followup article on this topic to share from the LightsOnData.com blog? I’d be happy to help if you think that would facilitate. Cheers, Gordon

]]> By: Milan Kucera https://www.lightsondata.com/how-much-does-poor-data-quality-cost-your-organization/#comments/40 http://www.lightsondata.com/?p=982#comment-40 Dear Gordon, thank you very much for this article focuses on a costs (impacts) of poor quality information (data). I agree with you and for me this part is the most important area of an information quality management. It is in a compliance with the P. Crosby statement ” Quality is measured via costs and not indexes”.
I did a few exercises at this area and I can confirm the general principle presented by P. Crosby (paraphrase): if you are investigate the costs of poor quality for the first time you find a 1/3 of the costs of poor quality. My exercise shows that his view is correct as I have found ~1/3 of the total costs of poor quality. I think only money are important for management and can lead to a decision to focus on information quality.
To identify those cost I use the Larry English TIQM.P3 process that I have enhanced on other models how to identify costs and compare given results among given results based on different approaches.

Finally there is anybody who opens this important topic.

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