MDM Strategy - 6 Pillars for Success: Governance

08/28/2018

MDM Strategy - 6 Pillars for Success: Governance

The foundational pillar of an effective MDM strategy is governance. Governance covers a broad swath of efforts, making it somewhat hard to pin down. As a result, many organizations are not sure how to get started with governance and put off introducing it. However, waiting to introduce governance is less than ideal. In fact, it should really be the first thing you do after defining your business problem.

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MDM Strategy - 6 Pillars for Success: Organization

08/21/2018

MDM Strategy - 6 Pillars for Success: Organization

The next pillar of an effective MDM strategy is organization. Organization builds on governance by getting the right stakeholders identified and enlisting them as part of your governance body.

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MDM Strategy - 6 Pillars for Success: Process

08/14/2018

MDM Strategy - 6 Pillars for Success: Process

Next comes process, as nothing happens in a vacuum. Implementing a MDM program will impact the organization, and process can help manage that impact.Depending on the scope of your MDM program and how your business currently operates, you might only need to make fairly minor changes to your existing processes (such as how data gets created and maintained) or you might require a complete overhaul.

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MDM Strategy - 6 Pillars for Success: Standards

08/07/2018

MDM Strategy - 6 Pillars for Success: Standards

As you discuss your processes for managing data, you also need to consider the standards that will govern them. Whether those are regulatory standards set by external parties or internal standards determined by your team, it’s critical to understand the guardrails for how you manage data.

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MDM Strategy - 6 Pillars for Success: Measurement

07/24/2018

MDM Strategy - 6 Pillars for Success: Measurement

Finally, we have measurement. This pillar brings your MDM strategy full circle, because it requires you to go back to the beginning by looking at the business problem you’re trying to solve and the value of solving it.

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MDM 101 - What Is a Domain

05/23/2018

MDM 101 - What Is a Domain

Domains are really kind of the big level blocks that we use to define master data. We have some example categories of domains. So, one common domain a lot of people look to manage within the MDM is customer domain. Customers could be individuals, they could be individual people, consumers if you will. They can also be businesses as well that use. So, depending on whether you're a B2B or B2C organization, but then there's other flavors of customer or unity type domains that are out there.

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MDM 101 – Multi-Domain MDM

05/16/2018

MDM 101 – Multi-Domain MDM

The next concept is Multi-Domain MDM. This is really where over the past, 5 to 10 years, most vendors are turning towards. In the past, you had a lot of MDM solutions that were purpose-built for a single domain. But the times are a changing, see how.

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MDM 101 – Reference Data

05/09/2018

MDM 101 – Reference Data

The next concept is reference data which is really just master data. But it's a little different from some of your big complex core domains. So, reference data's typically just your simple list that you use to describe things, and most of your operational applications will already have reference data embedded in them, the simple example, the list of languages I just used. Your CRM and ERP applications both might have their own list of languages that obviously have overlapped.

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MDM 101 - What Is Master Data

05/04/2018

MDM 101 - What Is Master Data

Watch the video series that explains examples of master data in your organization.

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MDM 101 - What Is Master Data Management

05/04/2018

MDM 101 - What Is Master Data Management

Master data management is the combination of people, process, and technology for centralizing and maintaining your master data. The key here is, it's not just the technology.

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