Date: Wednesday, January 22, 2025
Hello! We are Olivia Arstein-Kerslake, Senior Data Intelligence Analyst and Lauren Baur, Data Intelligence Associate from VentureWell’s Data Intelligence (DI) team. VentureWell is a Massachusetts-based nonprofit that specializes in funding, training, and cultivating a pipeline of science and technology inventors, innovators, and entrepreneurs. Together with our stakeholders, we are driven to solve the world’s biggest challenges and create positive social and environmental impact.
VentureWell collects a vast amount of data about our participants, programming, and related organizations. Every day, people across VentureWell use these data to inform and amplify our impact via securing funding, making data-informed decisions, evaluating program effectiveness, and tracking program outcomes. So data quality is essential! Read on to learn about more data quality, why it matters, and the ways in which we support data quality at VentureWell!
Data quality refers to ensuring data are reliable and trustworthy for analysis, reporting, and decision making so they can be used to help meet the needs of users. To achieve this, organizations like ours implement ongoing processes to identify and fix errors, inconsistencies, and inaccuracies. When assessing data quality, we look at the set of dimensions described in the visual below.
Source: DQlabs
We support data quality at multiple phases in the data life cycle:
Check out our post tomorrow on creating an organizational data use working group!
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