Qualify, Quantify and Execute an MDM Strategy
Are you struggling with MDM business case justification?
Are you having difficulties identifying MDM architecture?
Do you know how to prepare your organization for MDM?
Companies are turning to master data management (MDM) to establish and employ consistent and accurate data throughout their organizations. The technical benefits are clear; however, many organizations struggle with the economic business case justification and assessing preparedness for an MDM project. Ultimately, success of the MDM initiative will depend on how well the organization is ready for MDM, and that success will result in increased capitalization of their most valuable asset, their corporate data.
Using industry-standard methodologies combined with proven real-world experience from over 170 successful MDM implementations, the Initiate MDM Analyst Team, led by industry visionary Larry Dubov, can assist your organization to build or validate an MDM business case, assess architectural requirements, and define projected resources and processes necessary to execute your MDM vision.
MDM Assessment Project Phases
All three assessment styles – Business Case, Architecture and Project – follow a similar execution process. In just a few weeks, the highly experienced and professional team of MDM Analysts engages the project stakeholders to execute the following three project phases:
- Workshop – Working with your team, Initiate MDM Analysts use a proven methodology to organize and execute an MDM workshop to gather key findings, identify gaps and set project expectations.
- Analysis – Once the initial findings are established, the Initiate team engages with stakeholders within your organization to gather further data and deeper insight. Results are compiled and analyzed using proven methodologies and tools.
- Executive Summary Report – The findings and recommendations are prepared and delivered to your team in a comprehensive and intuitive executive presentation.
MDM Assessment Benefits
Executing an MDM Assessment provides you with the necessary level of insight to qualify, prepare and implement a successful MDM initiative. The Assessment will also allow you to measure your MDM readiness against industry best practices. The MDM Assessment provides organizations the following benefits:
- Validated MDM Business Case – Define and substantiate the business benefits and value proposition of an MDM initiative and ensure alignment with business and operational imperatives.
- Solution Architecture and Roadmap – Define a reliable and practical architecture and set realistic goals and expectations for achieving a successful implementation.
- Organizational Success – Develop a complete project timeline of major releases and milestones that are aligned with corporate objectives and ongoing initiatives.
- Communications Plan – Prepare your organization for MDM adoption, outlining and communicating dependencies, risks
and mitigation strategies.
- Cultivate MDM Knowledge – Discover how accuracy, scalability and performance, speed and ease of implementation are the key components to building a successful MDM solution.
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