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Rosslyn Analytics’ report also details how data can be enriched to provide more value to a business.
For example, by combining financial data with other types of internal and external data, the answers generated can propel a company’s growth, increase profitability and help it to meet compliance standards.
“Business leaders need to renew their efforts and focus on improving the accessibility and quality of data required to make informed decisions that are aligned to business objectives,” Clark said. “In today’s age of intelligent, self-service data technologies, there is no excuse for data not to be in the hands of every decision-maker.”
Aliah D. Wright is an online editor/manager for SHRM.
Related SHRM Article:
'Big Data' Offers Golden Opportunity to HR, Expert Says,
SHRM Online Staffing Management, April 2014
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