Author: Doug LaFleur, President @ Eidex
Data is Extremely Powerful
A side benefit of staying home during the pandemic is that my wife and I, being empty nesters, seem to be eating at a more regular time each evening. Our daily routine has evolved into this: Sitting down around our kitchen island at 6:00 or so, one of us grabs the remote, the other serves the food, and we fire up a quick episode of Cheers on Netflix. Then, when finishing up our meal, we either flip to the evening news and discuss the latest that happened that day, or share what we had heard throughout the day regarding the strange times we live in. This ultimately leads to our sharing what we heard about “the latest data” that tells the story of our times. Is the infection rate and death rate accelerating at a dangerous level, or has it started to flatten? What do the medical data experts say will happen if we open up our communities to fast? What do the economists say will happen to our GDP if we open up the economy too slow? The various experts and pundits all have their own thoughts and strategies on how to fight this invisible enemy, and sometimes even fighting about the accuracy of the data. However, one area where there does seem to be the most agreement is that the use of data is extremely powerful – and will continue to be - to thwart the virus. In fact, besides finding a vaccine, many physicians and scientists proclaim that effectively responding to data may be our best weapon to beating COVID-19. Yes, good, accurate data is necessary to tell the story and to evaluate our progress.