Hidden Costs of Duplicate Data

Jan 22, 2015 by Dan Power in Information Governance

ABSTRACT:

A client asked me once about what rate of duplicate data was “normal” in customer master data. My initial answer was that, among companies that don’t have any formal master data management, data governance or data quality initiatives in place, duplication rates of 10%-30% (or more) are not...

Five Essential Elements of MDM

Jan 22, 2015 by Dan Power in Information Governance

ABSTRACT:

I think you can boil a successful Master Data Management (MDM) initiative down to these five essential elements:(1) A hub of some type – there are three major types of MDM hubs. In a Persistent Hub, all of the critical data is copied from the source system into the hub. In a Registry Hub, only...

Secrets of Successful Data Governance

Jan 22, 2015 by Dan Power in Information Governance

ABSTRACT:

Now that we have talked about the role of organizational change and education, readiness assessment, developing a strategic roadmap, creating a business case, and designing the Data Governance initiative before trying to execute on it, it’s time to talk about the implementation process itself.At...

Everyone Should Have OKRs! Q&A with a Googler

Jan 21, 2015 by Ben Lamorte in Enterprise Goal Management

ABSTRACT:

Google introduced me to Niket Desai by fate. I googled the term “OKRs template” and Niket’s OKRs template popped up #1. I’m pleased to share this Q&A with Niket on his amazing journey with OKRs as a successful entrepreneur, Googler, and an investor. Niket believes everyone should have some...

Are you Measuring the Right Things, or is Amelia Bedelia Defining Your KPIs?

Jan 21, 2015 by Ben Lamorte in Enterprise Goal Management

ABSTRACT:

One extremely competent CFO was looking for help with performance management. His team defined 5 elements of success:1. Identify KPIs and prototype cascading dashboards.2. Define metrics we should track for 5 business units, 40 departments.3. Create a metrics-driven culture.4. Be sure to include...