Principle 9
Manage Data as an Asset
Statement
Loyola values data as an asset because it can be leveraged across the University to enhance competitive advantage and accelerate decision making. University-wide access to relevant information is the rule, not the exception.
Rationale
- To maximize the effectiveness of decision making, data will be shared throughout the University.
- Loyola’s goals and outcomes are predicated on the increased use of data to create reliable information to improve service and decision making.
Implications
- Core university data needs to be identified and made accessible as appropriate whether located in the cloud, centralized or local environment.
- Business Intelligence tools will be implemented to facilitate information availability for decision making.
- Sufficient metadata will be stored with the information to enable its easy management and understanding.
Last Modified: Wed, August 7, 2024 8:21 PM CDT
Manage Data as an Asset
Statement
Loyola values data as an asset because it can be leveraged across the University to enhance competitive advantage and accelerate decision making. University-wide access to relevant information is the rule, not the exception.
Rationale
- To maximize the effectiveness of decision making, data will be shared throughout the University.
- Loyola’s goals and outcomes are predicated on the increased use of data to create reliable information to improve service and decision making.
Implications
- Core university data needs to be identified and made accessible as appropriate whether located in the cloud, centralized or local environment.
- Business Intelligence tools will be implemented to facilitate information availability for decision making.
- Sufficient metadata will be stored with the information to enable its easy management and understanding.