Making Data Governance Work for You

摘要

Customer-centric organizations across the globe realize the challenge that effectivelyrnmanaging customer data can present. As a recent Siperian report on data governance suggests, companies need to make sure they're not getting in their own way by implementing stringent data policies.rn"Companies continue to seek new ways to increase revenues, cut costs, and improve regulatory compliance," says Dan Power, author of the report, titled When Data Governance Turns Bureaucratic: How Data Governance Policy Can Constrain the Value of Your Master Data Management Initiative. "Having a single source of truth, with consolidated, clean, and consistent information in critical areas of business data such asrncustomer, product, supplier, and employee-also known as master data-has proven to be a sustainable competitive advantage and can provide a dramatic return on investment for organizations that implement [master data management] well."