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.id Insight newsletter
January 2017

Statistics, lies and the case for experts

A colleague recently sent me this interesting article on how statistics are losing their power in a ‘post-truth’, privatised ‘big data’ society whereby the exponential growth of data is held in private hands unwilling to make data public.

Of course, knowledge is power and our ability to gain knowledge is in a large part based on our ability to convert data to information and information to knowledge. From there, we can make informed decisions.

At .id, we are frequently discussing the future of decision making, our data needs, and the needs of our clients. Some of our conclusions are:

  • No matter how big data gets, it’s useless unless it can help answer important questions.
  • Offering our clients the best quality data in a timely and compelling way is not negotiable.
  • Sharing data and knowledge in the public domain enables a common basis on which facts and truths can be shared and debated, (and hopefully reasonably concluded upon).
  • Data and information, no matter how compellingly presented using technological tools, requires considerable expertise for interpretation and conversion into good decision making.

On this last point, while we are hard at work providing ongoing technological improvements to the way we deliver data and information, we are working equally hard to offer excellent consulting services. In a ‘post-truth’ ‘big data’ environment, our ability to collaborate with our clients to apply our expertise is, I believe, central to what we do. However, the ability to undertake the conversion of data to knowledge and knowledge into good decisions nevertheless requires considerable expertise.

 

Author Ivan

Population forecasting

New South Wales: The return of the premier state?

 
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The population of New South Wales is set to reach 9.644 million over the next 20 years, with an extra 1.927 million new residents by 2036. The rate of population growth in NSW is typically slower than the rest of Australia however, recent growth rates indicate the premier state is bucking previous sluggish trends. What's driving this growth?
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Ageing population

How will the ageing population influence demand for services in NSW?

 
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We hear a lot about the growing cohort of older Australians. However there is much less information on how these citizens will choose to live, and where, as they age. By 2050 an estimate of over 3.5 million Australians will need aged care services each year. How can we adequately plan for the future?

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Population trends

The winners and losers of population growth in Australia 2016

 
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Around Christmas each year, the ABS (rather sneakily) releases one of the most interesting and important population data sets – the Australian Demographic Statistics which gives us the full financial year population figures. Between 2015-2016, the national population growth continued to pick up with one state powering ahead in the growth stakes: Victoria.

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Employment trends

The problem with using Census data for employment estimates

 
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The Census is a fantastic resource for all aspects of population characteristics – it’s no secret, we love it! However, while it provides us with some workforce statistics, the census does not give an accurate picture of the number of jobs in an area, broken down by industry. In fact, quite a lot of people are missing from the Census workforce data. So how can we accurately understand Australia's labour force?

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Inside .id

We are hiring! Are you a Strategy Consultant?

 

 

Would you like to work with a team of ‘corporate refugees’ who are committed to creating an intelligent company where ideas can flourish, work matters, and we treat ourselves and our clients with integrity and humour? 

We have a role for an experienced consulting professional with a client management focus to support and contribute to growing our location analysis business. This includes building the profile and influence of .id and its products and services.

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Final word

#Censusfail? Or will data from the 2016 Census be more accurate than ever?

 
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While #censusfail was well publicised on social media, in many respects the 2016 Australian Census looks to have better outcomes and data than the 2011 and 2006 Censuses! Of course, we won’t know for sure until the non-response rates are published with the main national release in April, but it’s certainly looking good...
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.id - the population experts   10 Easey Street   Collingwood VIC   3066   Australia
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