cover image: Business Data Lab Discovery Consultations - Summary Report

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Business Data Lab Discovery Consultations - Summary Report

29 Apr 2022

Effective socialization and insight dissemination approaches to raise engagement and increase use of BDL assets 26 Appendix Canadian Chamber of Commerce 2 Introduction Overview of the BDL and report objectives Introduction The Business Data Lab (BDL) An Exciting New Initiative Organizations in Canada and around the world are striving to better use data to improve Key Partners their understanding. [...] • The BDL can provide novel data and evidence to support the Chamber’s policy • As data frequency and timeliness improves, achieving data equity across advocacy, and improve the design of government programs for businesses. [...] Canadian Chamber of Commerce 13 1 | Data & Research 1 2 3 4 Considerations For future data and research opportunities, the BDL should consider the following: 01 02 03 Granularity Frequency Quality • Currently, the level of aggregation and • Additional capabilities could be created • Some skepticism is required for new data collection is constraining policy to keep up with changing data needs, form. [...] • Increased volume of data collected can • If the BDL is unsure of data quality or improve the overall statistical • Stakeholders want high-frequency data, the statistical significance of the data, significance, and confidence in the where available, so insights can be sources could be identified as insights generated. [...] • Data collaborations may be the quickest • Federal stakeholders and the Chamber • New surveys should be purpose-driven and and easiest path to improve the frequency Network support the use of new data minimize questions where possible to at which the BDL can source and publish assets, such as payment and mobile, and reduce survey fatigue.

Authors

Microsoft Office User

Pages
28
Published in
Canada