The move to standardize processes has gone overboard, say M. Eric Johnson and Joseph M. Hall in this month’s Harvard Business Review. Some processes, they argue, are more akin to art than science and ...

Data is a key resource – if not the resource – that powers modern business. Yet, unless it is in a homogenized package, its benefits are limited, thus limiting what industries – especially the ...

The benefits of data standardization within the social sector—and indeed just about any industry—are multiple, important, and undeniable. Access to the same type of data over time lends the ability to ...

As the drive for value-based care continues, hospitals and health systems are looking for proven best practices to improve clinical outcomes, enhance safety and control costs. Whatever the goal, the ...

A new audit data standard issued by the AICPA Assurance Services Executive Committee addresses the inventory subledger and is intended to accommodate basic analysis of the inventory process. Through ...

As insurance and retirement service providers navigate today’s complex landscape, data standardization and centralization have become critical as firms implement new technologies and leverage data in ...

Many, if not all, highly regulated sectors comply with reference standards that are cited by legislators but developed, updated, and peer reviewed by teams of industry experts. This means that these ...

The Department of Veterans Affairs has standardized the vast majority of the high-priority datasets it’s transferring to two platforms that form the backbone if its Electronic Health Record ...

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