What is the first step in acquiring and protecting data for improvement?

The correct answer is focused on the critical initial step of identifying and sourcing suitable data. This step is foundational because, before any data can be acquired and protected, organizations must first understand what data they need for their specific improvement goals. By identifying the right data, organizations ensure that they are gathering relevant, accurate, and meaningful information that can drive effective decision-making and enhancements.

Once the suitable data is identified, the next phases involve ensuring that it is collected correctly, stored securely, and used in accordance with legal and ethical standards. This initial step sets the stage for everything that follows in the data management process, including the implementation of algorithms and respecting data protection laws. Engaging in this methodical approach allows organizations to focus their efforts on data that truly contributes to improvement, rather than simply accumulating data without a purpose, which might lead to inefficiencies or even legal complications regarding data handling.