Whats the Return on Investment (ROI) on data management? Sound like
an impossible question to answer? Not if you read this book and
learn the value-added approach to managing enterprise resources and
assets. This book defines the five interrelated best practices that
comprise data management, and shows you how by example to
successfully communicate data management ROI to senior management.
The 17 cases we share will help you to identify opportunities to
introduce data management into the strategic conversations that
occur in the C-suite. You will gain a new perspective regarding the
stewardship of your data assets and insulate your operations from
the chaos, losses and risks that result from traditional approaches
to technological projects. And you will learn how to protect
yourself from legal challenges resulting from out-sourced
information technology projects gone badly due to incorrect project
sequencing and focus. With the emerging acceptance and adoption of
revised performance standards, your organisation will be better
prepared to face the coming big data deluge! The book contains four
chapters: Chapter 1 gives a somewhat unique perspective to the
practice of leveraging data. We describe the motivations and
delineate the specific challenges preventing most organisations
from making substantial progress in this area; Chapter 2 presents
11 cases where leveraging data has produced positive financial
results that can be presented in language of immediate interest to
C-level executives. To the degree possible, we have quantified the
effect that data management has had in terms that will be
meaningful to them also; Chapter 3 describes five instances taken
from the authors' experiences with various governmental defence
departments. The lessons in this section however can be equally
applied to many non-profit and non-defence governmental
organisations; Chapter 4 speaks specifically to the interaction of
data management practices, in terms of both information technology
projects and legal responsibilities. Reading it can help your
organisation to avoid a number of perils, stay out of court and
better vet contractors, experts and other helpers who play a role
in organisation information technology development.
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