Data as a Resource: Properties, Implications, and Prescriptions

• Published in: MIT Sloan management review Vol. 40; no. 1; p. 89
• Main Authors: Levitin, Anany V, Redman, Thomas C
• Format: Journal Article
• Language: English
• Published: Cambridge Massachusetts Institute of Technology, Cambridge, MA 01.10.1998
• Subjects: Data models; Guidelines; Information management; Knowledge; Magnetic tape; Raw materials; Resource management; United States > US

Almost every activity in which an enterprise engages, from the most mundane operation to the most far-reaching decision, requires data. Yet data are rarely managed well: Few enterprises know what data they have; people cannot access or use data; and data quality is often low. Furthermore, individual...