Putting Data at the Heart of your Organizational Strategy
‘Have you done your due diligence?’ These six words induce fear and dread in anyone involved in finance, with the underlying threat that huge peril may be about to engulf you if the necessary homework hasn’t been done. Due diligence in the commercial sphere is a hygiene factor – a basic, if detailed, audit of risk to ensure that all possible outcomes have been assessed so nothing comes out of the woodwork once an investment has been made. The question, however, is just as important for academic institutions looking to check the data on their research programs: have you done your due diligence on that ? If not, then a linked database such as Dimensions can help you. Strategic Objectives At a recent panel discussion hosted by Times Higher Education (THE) in partnership with Digital Science on optimizing research strategy, the question of due diligence was framed by looking at the academic research lifecycle and the challenges emanating from the increased amount of data now accessibl