In the digital transformation, there are two perspectives on reality.
What did Prof. Dr. Karl Schmedders in his lecture last weekend at the IMD Business School International Institute for Management Development (IMD), in Lausanne, Switzerland, when he repeatedly spoke of “garbage in, garbage out!”?
Here is an example from my lecture at the International Institute for Management Development (IMD) in Lausanne, Switzerland, last weekend: “A company asked me to use the amount of data from the last 40 years (170 TB) to determine the dependencies of a production process on macroclimate and microclimate so that these findings can be incorporated into forecast models for future product developments.” What does that have to do with “garbage in, garbage out!”? Here three examples:
I describe in my book “Simply think data differently! Companies’ undiscovered gold!”, which will be released in Q4.2023, and in the online events of “Mittelstand GOES Digital 4.0”.
Claus Michael Sattler
(Master Craftsman / Business Economist)
Telephone: 0049 (174) 6031377
This website is not a commercial site, but my personal business card.
Telefon: 0049 (151) 28841087
Telephone: 0049 (151) 28841087
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