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