Why framing “data” as an asset or liability is dangerous
Published in
3 min readMar 30, 2021
If there is one thing that can change finance’s power and dominance as a decision-making tool, it is the rest of the data. According to Google (2020), 3% of company data is finance data when considered part of an entire company’s data lake. McKinsey reports that 90% of company decisions are based on finance data alone, the same 3% of data.