Video: Introduction to Data Management

In this lesson, Nick Palazzolo, CPA, dives into the essentials of data management, exploring key concepts that are crucial in handling organizational data effectively from collection to disposal. Nick breaks down various data collection methods, the types of data storage—like data warehouses, lakes, and marts—and the importance of database schemas. He also addresses the stages of the data lifecycle and the importance of maintaining data integrity through normalizing data and using data dictionaries. Furthermore, Nick introduces SQL queries and how they are used to retrieve relevant data sets for financial and operational analysis. To further enrich the understanding, he discusses the integration of data from various sources and the exploration of business process models to identify potential enhancements. Throughout, Nick ensures these complex topics are approachable, even incorporating a light-hearted comparison to popular culture to make the points more relatable and understandable.