Strategic Master Data Management

Leveraging efficient business processes: Why strategic master data management has reached the executive agenda?

  • Study reveals huge gap between “master data management pros” (66%) and “beginners” (33%)
  • Only around a quarter of companies measures the quality of its master data against defined indicators to derive concrete measures
  • A sustainable master data management strategy is the only way to exploit its full potential
  • The basic requirement for the success of MDM governance is a clear definition of roles and responsibilities and their transparency

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