Master Data Management Funding & Buying Tips
Users, analysts and experts share insights into how to successfully scope, fund and procure Master Data Management solutions including MDM solution RFP guidance, feature checklists and buying tips.
An insightful interview with Gartner analyst John Radcliffe covering how to best position MDM to senior management to gain funding, approval and support. Highly recommended. From the Resource: "Instead of someone in IT trying to quantify the potential business of MDM and effectively being the owner of the quantification, get the business leader to quantify it. Once [a business leader] buys into [MDM] and gets enthusiastic about it, he becomes the person spreading the MDM gospel around the organization."
Selling Master Data Management Internally? Think Like a CEO, Gartner Advises
Hannah Smalltree, SearchDataManagement
This focused Resource offers three preparatory steps which are positioned as critical prior to the selection and purchase of a core master data management system. From the Resource: "In fact, readying the organization for MDM involves doing a little bit of homework, but recognizing the value of these preliminary tasks will simplify the process once the decision to move forward has been made. This homework consists of considering three different aspects of the application infrastructure and how they correspond to the use of data: 1) Documentation of business processes and mapping to application functionality, 2) Definition and use of common information concepts and their instantiations, and 3)Capability/maturity assessment of organizational data quality and governance."
Master Data Management Readiness
David Loshin, Knowledge Integrity
Five succinct tips to establish and position the need for an MDM initiative. Also included is a colorful description of when "the IT group of Minneapolis-based Carlson Hotels Worldwide knew it needed MDM and customer data integration tools to fix the problems created by having 600 different property management systems at its franchised hotels."
How to Build a Business Case for Master Data Management
Hannah Smalltree, Search
