Data Value and the Search for a Single Source of Truth: What is it and Why Does it Matter?

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dc.contributor.authorQueiroz, Magno
dc.contributor.authorTallon, Paul
dc.contributor.authorColtman, Tim
dc.date.accessioned2023-12-26T18:50:44Z
dc.date.available2023-12-26T18:50:44Z
dc.date.issued2024-01-03
dc.identifier.doi10.24251/HICSS.2024.795
dc.identifier.isbn978-0-9981331-7-1
dc.identifier.otherf11e36bb-5d68-4d1c-b121-5565e5976b64
dc.identifier.urihttps://hdl.handle.net/10125/107181
dc.language.isoeng
dc.relation.ispartofProceedings of the 57th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectPractice-based IS Research
dc.subjectdata champions
dc.subjectdata followers
dc.subjectdata laggards
dc.subjectdata value
dc.subjectsingle source of truth
dc.titleData Value and the Search for a Single Source of Truth: What is it and Why Does it Matter?
dc.typeConference Paper
dc.type.dcmiText
dcterms.abstractOrganizations aspire to a single source of truth to improve data-driven decision making. All too often, data is locked inside data silos, raising the question: if a single source of truth is key to unlocking value from data, what should organizations do to get there? This paper presents findings from a survey of 400 E.U. and U.S. organizations. First, cluster analysis reveals three organization types based on value from a single source of truth: data laggards, data followers, and data champions. Next, we show that data champions are more likely to have an adaptable and flexible IT infrastructure alongside a culture of data sharing. They report fewer inhibitors of a single source of truth such as conflicting data standards. Data laggards report fewer IT enablers but also, paradoxically, fewer inhibitors. We turn these results, and insights gleaned from follow-up interviews with IT executives, into a set of non-technical prescriptions for organizations.
dcterms.extent10 pages
prism.startingpage6636

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