Enterprise Master Data Management & The Convergence of Technology & Business
Overview:
What would you say if you found out that most of the reports, dashboards and other information that you were using to run your business are incorrect? Do you think it might impact your ability to competitively run your business, or even make good, sound decisions? If you don’t have confidence that you are making decisions on the right data, you are not alone. Many businesses are awash in data and are unable to state with certainty that the information that they use daily is correct.
That calls into question how we think about data and how it’s used.
Master Data Management (MDM) is the management of an institution’s fundamental data that is shared across multiple business units, everything from project budgets to donor contacts to employee contact information. You can think of master data as all of the enterprise data (people, places, things and activities) that the institution needs to conduct its business.
The goal of MDM, consequently, is to ensure the accuracy, consistency and availability of this data to the various business users.
In the webcast, we will discuss what Enterprise Master Data Management (EMDM) is and how strategies built around the EMDM framework can benefit businesses. We will also discuss several key concepts of data management, including:
- What business problems do EMDM help address
- What a system of record is vs. a system of reference
- Data maturity models, their meaning and value to an organization
- Data quality strategy and practices
- Applying EMDM in data warehouse situations
- Security considerations when it comes to enterprise master data
We will also present three case studies of actual companies in multiple industries that have been impacted by a lack of master data management and how implementing EMDM standards and practices has improved their businesses.
Agenda:
Getting to one version of the truth of your data, your reports and your dashboards can be quite a challenge. The concepts contained in Enterprise Master Data Management (EMDM) can help your organization make sense of the data it has and ensure that you get “one version of the truth”. Also contained in the webinar are:
- What business problems do EMDM help address
- What a system of record is vs. what a system of reference is
- Data maturity models, their meaning and value to an organization
- Data quality strategy and practices
- Applying EMDM in data warehouse situations
- Security considerations when it comes to enterprise master data
- We'll also discuss three case studies of actual companies in multiple industries that have been impacted by a lack of master data management and how implementing EMDM standards and practices have improved their businesses.
Who Should Attend:
- COOs
- Compliance Officers
- Internal Auditors
- Business Analysts
- Data Architects
- Security professionals
Danny Miller is a principal in Grant Thornton’s Business Advisory Services group in the Philadelphia office and is a member …
Phil is a professional with 30-years of experience in the management and operations of information technology and information technology consulting. …
Rocco Maggiotto is a Managing Director member of HPSquared’s Business Advisory Council and a retired Executive Vice President and Global …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
NONE
Course Code:
114182
Total Credits:
2.0 CLE
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