In comments which may show the need for data security managers, Data Quality Pro founder and editor Dylan Jones pointed out that every firm has some problems with information storage, but awareness of this is often lacking at their higher levels.
'The problems are often hidden because employees invest considerable time and cost in resolving the fallout of the issues,' he explained.
Mr Jones added that few companies generate reports or metrics to show their data management problems, which means executives are not aware that these issues have a definite effect on their bottom line.
In addition, the expert highlighted several of the problems springing from poor data management, such as restricted organisational performance and the need for employees to waste time resolving issues caused by defective information.
Last month, research by Forbes Insights found that 95 per cent of business executives believe strong information management is essential for their company's success.
'The problems are often hidden because employees invest considerable time and cost in resolving the fallout of the issues,' he explained.
Mr Jones added that few companies generate reports or metrics to show their data management problems, which means executives are not aware that these issues have a definite effect on their bottom line.
In addition, the expert highlighted several of the problems springing from poor data management, such as restricted organisational performance and the need for employees to waste time resolving issues caused by defective information.
Last month, research by Forbes Insights found that 95 per cent of business executives believe strong information management is essential for their company's success.
