Of course, a sales objective can’t be defined like this, but let’s imagine it can, what would soon happen? Fictitious sales being recorded? Sales between subsidiaries rising? Friendly customers placing orders in one accounting period cancel them the next? Besides the operational processes in place to control this kind of…

1. What is Master Data? Master data is usually defined as the set of core entities within an organization, depending on the industry it may include customers, prospects, suppliers, sites, hierarchies etc. The purpose of managing this data is to assure a consistent definition of these business entities and data about them across the organization’s…

Gartner defines master data as a consistent and uniform set of identifiers and extended attributes that describes the core entities of the enterprise. This places master data at the heart of every business process within an organisation and because it’s used in multiple systems and processes, bad master data will…

In an increasing digitized economy — and digital world — analytics have a critical strategic role in how organizations pursue gaining the necessary competitive edge to be at the forefront of digital disruption. Organizations are investing heavily in analytical solutions to improve their corporate decision processes, identify new business improvement…

We talk about Laptop Data Quality when an organization’s responsibility — the quality of its data — is informally delegated to some people that, according to their specific needs and context, autonomously, and relying on their individual judgment develop a version of quality data. When I say informally, I also…

It’s common to say that “Data is the new oil”, although we might all agree with this, but not all in the same sense, surely, it’s a valuable resource, but like oil if unrefined it cannot really be used. The same way oil needs to be transformed into gas, plastic…

The biggest obstacles to creating data-driven businesses aren’t technical; they’re cultural. Being data-driven is not about data, it’s about business. So, it makes all sense that is should be business leading the process. One of the biggest obstacles for successful digital transformation processes is the lack of involvement from the…

Data, data, everywhere. Strangely enough most organizations, while discussing how valuable data is for them, don’t deal with their data an asset. While every organization keeps careful track of the performance and health of their employees, financial assets, customers, building, plants or machinery, data is still not managed and accounted…

Traditionally, IT has been at the core of most organizations, acting as the driver for technological innovation, and because the complexity new technology demanded on-hand expertise organizations couldn’t function without it. IT teams keep up and running, deploying, and maintaining business-critical tech tools. Along with all these responsibilities came the…