Open AccessEthics in Deploying Data to make Wise Decisions
Author(s) -
T. Venu Gopal
Publication year - 2007
Publication title -
international review of information ethics
Language(s) - English
Resource type - Journals
ISSN - 2563-5638
DOI - 10.29173/irie27
Subject(s) - scrutiny , data quality , objectivity (philosophy) , process (computing) , business ethics , computer science , profit (economics) , data science , knowledge management , business , public relations , marketing , political science , economics , law , metric (unit) , philosophy , epistemology , operating system , microeconomics
Way back in the 1980s corporations began collecting, combining, and crunching data from sources through-out the enterprise. This approach was widely accepted as a methodology that provides objectivity and trans-parency in decision-making. Good processing of the garnered data paved way for improved analysis of trends and patterns leading to better business and increased profit margins. Corporations began investing in collect-ing, storing, processing and maintaining enterprise wide data. The focus was always on the quality of data and the process of converting it into knowledge that enables right decisions. It was soon realized that a wide range of personal biases has an impact on the way decisions are made. The entire process is replete with ethical dilemmas. This paper provides a framework to understand the interplay of data, information, personal biases, ethics and decision-making. This approach is suitable for every individ-ual, team, organization or a nation. Several years of turmoil in South Africa make it imminent for it to take a fresh look at the way data is transformed into knowledge. The leadership within South Africa has to arrive at wise decisions that can withstand the scrutiny of generations to come.