Data Value, Sustainability & Double Entendres
MAY 27, 2020
Data can be used to build descriptive models (hindsight), or diagnostic models (oversight), or correlation-based predictive models (foresight), or causal prescriptive models (insight). Data matters also include workforce re-skilling, data and analytics strategies, development of a culture of data-sharing and experimentation with data, data literacy, and data- and evidence-based decision-making. b) Diagnostic Analytics – What is happening?