GDPR

What is GDPR and why should we care?

Until a couple of weeks ago, I had never even heard of GDPR – the new General Data Protection Regulation set by the European Union (EU). And yet, for companies offering or wanting to offer services to clients located in Europe, the implication of infraction are clear: very high fines. This new European legislation, which…

cash flow

Data quality leads to cash flow optimisation

Effective cash flow is essential for business survival, as it promotes liquidity and enables an organisation to meet its short-term debt or credit demands. Although it is often perceived to be a finance issue, the reality is that cash flow optimisation is an operational issue, since it requires coordination across the organisation. Cash flow optimisation…

data sharing

On creating a data sharing culture

Last week I facilitated a discussion on “Creating a data sharing culture” at the Chief Analytics Officer forum, in Johannesburg. Data sharing is increasingly important as companies seek to achieve enterprise goals such as advanced analytics (the focus on last weeks event) and master data management. The simple question, “Are you a data producer or…

IQ test

Are you measuring your Business IQ?

At some point in our life, most of us have been asked to take an IQ test. For people, IQ measures our ability to identify and solve various problems – language, spatial, mathematics and more. Can a business have an IQ test? Well, clearly not in the same way that a person can. For a…