Recommended Key Initiative Plan

These 9 initiatives have been found to elicit the most significant measurable impact for professionals in this role.

Create a Data Management Practice

Ideally, the right information should go to the right people, at the right time. However, 58% of organizations list "accessing relevant, timely, or reliable data" as their biggest obstacle.

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Activities

  • Establish business context for data management
  • Determine the role and scope of data management within the organization
  • Build a data management roadmap for the short and long term

Benefits

  • A data management practice makes the most of data, which is a key asset
  • Achieve a unified vision for data management between the business and IT

Improve Data Governance

92% of companies believe that data governance is worthy of ongoing investment. Get the right data to the right people at the right time with an enabling governance structure.

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Activities

  • Establish a collaborative framework for the data governance program
  • Develop governance initiatives based on business need and value
  • Create committees and roles for embedding data enablement in the organization's culture

Benefits

  • Get at the heart of business and IT needs to enable shared insight
  • Effectively communicate the positive changes of data governance to break down political barriers

Restore Trust in Your Data

United States Postal Service wasted $1.5 billion on sending mail to the wrong addresses. Cutting corners on data quality has serious bottom-line implications.

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Activities

  • Detail the business context (vision, objectives, drivers, and key data subject areas)
  • Conduct a root-cause analysis of data quality issues
  • Conduct current and future state assessment of data quality practice

Benefits

  • Prioritized improvement roadmap that addresses both the data and practices around data
  • Obtain concrete steps to cleansing a key data domain

Modernize Data Architecture

56% of financial firms put siloed, legacy data architecture as one of their largest data challenges. Step into the future while learning from the past with our approach to data architecture.

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Activities

  • Define your current data architecture
  • Model the impacts of the current data landscape on your legacy platforms
  • Build a roadmap to take from traditional to modern data architecture

Benefits

  • Define and clearly communicate a single, consistent, and authoritative view of an organization's data
  • Formulate a roadmap for incremental delivery of data initiatives

Optimize Data Integration Practices

34% of CFOs see data integration as an essential but under-invested business operation.

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Activities

  • Interview the business and IT to understand data integration needs
  • Identify applicable integration patterns as reference architecture
  • Develop an implementation plan and introduce governance into data integration

Benefits

  • Pattern-based approach to data integration to accelerate implementation
  • An actionable plan to implement data integration and ways to sustain it

Develop a Master Data Management Strategy

Companies with a successful MDM strategy had customer retention rates of 91%, compared with 62% for those without. Translate your master data into revenue with MDM.

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Activities

  • Build a common IT and business vision for MDM
  • Capture the business needs and data domains that require an MDM solution
  • Construct a program to establish and maintain MDM governance

Benefits

  • Identified single source of truth for your critical data
  • Accountabilities between business and IT for ongoing management

Build an Extensible Data Warehouse Foundation

66% of businesses reported a shortening of their "decision window" in 2014. Invest in a data repository that gets the right data to the right people at the right time.

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Activities

  • Create your technology and data warehouse foundation
  • Identify your specific data warehouse pattern
  • Create the framework for iteratively adding additional data sources

Benefits

  • Injecting agility provides a framework for a scalable data warehouse that can respond to business changes
  • Clear definition of how data assets will be effectively delivered to users

Build a Business Intelligence Strategy

95% of organizations report data and analytics keep them on par with or ahead of their local/global competitors. Create a comprehensive strategy that facilitates data-driven decision making.

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Activities

  • Analyze current BI usage, user perception, and artifact inventory
  • Undergo a structured BI requirements discovery process
  • Envision a BI target state with our recommendations and build a BI strategy to get there

Benefits

  • Holistic understanding of how users need to be supported from strategic and technical perspectives
  • Sustainable roadmap for improvement rooted in BI practice, not just technology

Leverage Big Data by Starting Small

Over 90% of the data that exists today has been created in the last two years alone. Big data is becoming simply data and is more approachable than ever; identify your differentiating use case today.

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Activities

  • Identify your maturity level for incorporating big data
  • Identify and refine killer big data use cases
  • Structure a big data pilot project to demonstrate big data value and possibilities

Benefits

  • A focused pilot project translates the potential of big data into real value in your organization
  • A quick win with a pilot project lays a foundation for enterprise-wide adoption
1 / 9
  • 1. Create a Data Management Practice
  • 2. Improve Data Governance
  • 3. Restore Trust in Your Data
  • 4. Modernize Data Architecture
  • 5. Optimize Data Integration Practices
  • 6. Develop a Master Data Management Strategy
  • 7. Build an Extensible Data Warehouse Foundation
  • 8. Build a Business Intelligence Strategy
  • 9. Leverage Big Data by Starting Small

Data Management & Governance

Featured Blueprints

Establish Data Governance – APAC Edition

January 25, 2023

The amount of data within organisations is growing at an exponential rate, creating a need for organisations to adopt a formal approach to governin...

AI Governance

November 15, 2022

To ensure responsible, transparent, and ethical AI systems, organizations will need to review existing risk control frameworks and update them to i...

Build Your Data Practice and Platform

June 16, 2022

Info-tech's approach provides a proven methodology that includes following: - Business-aligned data initiatives and capabilities that address d...

Drive Business Value With Off-the-Shelf AI

May 09, 2022

This blueprint provides a framework that will guide organizations through the selection of an off-the-shelf AI product. To guarantee success of the...

Select Your Data Platform

October 26, 2021

Data platform selection should be based on common best practices and, at the same time, be optimized for the organization’s specific needs and goal...

Create an Architecture for AI

October 25, 2021

For AI to be able to answer questions or discover new relationships, it needs an underlining architecture that not only describes the data AI will ...

Get Started With Artificial Intelligence

October 25, 2021

Use this blueprint to understand what AI really means in practice and to get started with your AI explorations to harness its transformative power.

Understand the Data and Analytics Landscape

August 27, 2021

The key to landscaping your data environment lies in ensuring foundational disciplines are optimized with a recognition for the interdependency amo...

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Business Intelligence Strategy
Data Management
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Resources

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Enterprise Information Management

Featured Blueprints

Virtual Data Room Guide

October 19, 2022

This guide will explain the purpose, uses, and what to look out for when acquiring a virtual data room solution. It will also go through a brief pr...

Adopting e-Signature

September 06, 2022

Organizations are expected to offer digital, self-serve experiences, including approving important transactions, especially with modern businesses ...

Develop an Enterprise Content Management Strategy and Roadmap

August 10, 2022

The volume of content in organizations continues to grow exponentially. As a result, the need for an ECM strategy is increasingly apparent in organ...

Run Better Meetings

October 28, 2021

The pandemic introduced many to the importance of running meetings well, whether they are held in person, remotely, or in a hybrid delivery model. ...

Effectively Use SharePoint as Your ECM Solution

January 26, 2021

The newest evolution of SharePoint is the content file cabinet to the business’ everyday Office productivity tools, with a huge menu of possibiliti...

Build a Digital Workspace Strategy

September 22, 2020

The most important aspect of implementing a digital workspace is organizational change management. To truly take advantage of these advertised bene...

Implement a Content Curator Playbook

July 31, 2019

Instead of viewing enterprise content management as a system which stores content that is accessible to everyone, think of it as the organization’s...

Establish a Communication and Collaboration System Strategy

May 23, 2018

Focus on creating a streamlined set of tools that users need and want. Shape demand for these supported tools by engaging with end users long after...

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