Merry Christmas

Happy holidays everyone! Hope you had a blessed and peaceful day yesterday, whether or not you celebrate Christmas, and that you managed to spend some time with loved ones.       party noun a social gathering of invited guests, typically involving eating, drinking, and entertainment. “a New year’s party” verb enjoy oneself at a…

One of the challenges of fitness for purpose

A common definition of quality data is data that is fit for purpose. Last week, I suggested that Steinhoff’s accounting shenanigans can be attributed (at least in part) to poor data quality and, more directly, to poor governance. Francois Marais’s¬†Response to ‘a Steinhoff guide for dummies’¬†gives non-financial experts an understanding of what Steinhoff were doing.…

chase-utley-home-run

Hitting the Data Quality home run!

In baseball, a home run (abbreviated HR, also “homer”, “dinger”, “bomb”, or “four-bagger”) is scored when the ball is hit in such a way that the batter is able to circle the bases and reach home safely in one play without any errors being committed by the defensive team in the process For a data…

stock crash

“Buffet” says Sell!

A data error on the Nasdeq exchange caused chaos last week Monday, as the introduction of test data into the live systems vastly impacted the shares prices of a number of tech companies. Two notable examples: Amazon prices crashed by 87%, while Zynga bounced up by an amazing 3,292% In this case, the error can…