Peter Wordsworth reflects on the insights gained from analyzing actual data, noting how it often contradicts widely held preconceptions, revealing surprising findings when biases are removed.
These “aha moments” have been enlightening, underscoring the importance of letting data drive understanding and decisions.
The ongoing collection and analysis of data, applauded by the Insolvency Service, has been crucial for gaining a more informed and objective understanding of the situation. This approach has also facilitated progress and received significant support from data providers, emphasizing the value of data-driven insights in moving forward positively.
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