Business Value through Reference & Master Data Strategies

Data tends to pile up and can be rendered unusable or obsolete without careful maintenance processes. Reference and Master Data Management (MDM) has been a popular Data Management approach to effectively gain mastery over not just the data but the supporting architecture for processing it. This webinar presents MDM as a strategic approach to improving and formalizing practices around those data items that provide context for many organizational transactions—its master data. Too often, MDM has been implemented technology-first and achieved the same very poor track record (one-third succeeding on-time, within budget, and achieving planned functionality). MDM success depends on a coordinated approach typically involving Data Governance and Data Quality activities. 

Learning Objectives:

•  Understand foundational reference and MDM concepts
    based on the Data Management Body of Knowledge
    (DMBOK)
•  Understand why these are an important component of
    your Data Architecture
•  Gain awareness of Reference and MDM Frameworks
    and building blocks
•  Know what MDM guiding principles consist of
    and best practices
•  Know how to utilize reference and MDM
    in support of business strategy