Reflections On The Value Proposition For Information Quality

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

0 comments

Post a comment

    Post a comment
    Embed Video
    Edit your comment Cancel

    Notes on slide 1

    When we reflect on our objectives and our alignment, we need to be sure we are seeing the full picture…

    The value proposition of the ‘photographers studio’ has evolved over time. From a studio you went to, they forked off into Wedding photographersCamera shopsCamera shops evolved a value proposition based on knowledge and service, and developed a value delivery system that enabled them to defend against 1hour photo development, instamatic cameras, digital cameras etc. The key thing was to truly understand the key resulting experience that their customers wanted and give that to them, and communicate that that is what was being given.See Lanning’s book for more details (although it is a few years old at this stage, the case studies on photography stores are well worth a look).

    The value proposition of the ‘photographers studio’ has evolved over time. From a studio you went to, they forked off into Wedding photographersCamera shopsCamera shops evolved a value proposition based on knowledge and service, and developed a value delivery system that enabled them to defend against 1hour photo development, instamatic cameras, digital cameras etc. The key thing was to truly understand the key resulting experience that their customers wanted and give that to them, and communicate that that is what was being given.See Lanning’s book for more details (although it is a few years old at this stage, the case studies on photography stores are well worth a look).

    1 Favorite

    Reflections On The Value Proposition For Information Quality - Presentation Transcript

    1. Reflections on the Value Proposition for Information Quality
      Hints, tips, and Jedi Mind tricks for getting management buy-in
      • Alice
      • “Would you tell me, please, which way I ought to go from here?”
      • The Cheshire Cat
      • “That depends a good deal on where you want to get to”
      • Alice
      • “I don't much care where…”
      • The Cheshire Cat
      • “Then it doesn't matterwhich way you go…”
      • Alice
      • “…so long as I get somewhere…”
      • The Cheshire Cat
      • “Oh, you're sure to do that ifyou only walk long enough…”
      Alice in Wonderland
      • What is it we are selling?
      • Information as an Asset
      • Good Decisions, based on sound information
      • Vision of the future?
      • How are we selling it?
      • Bringing your IQ/DQ programme to Market
      • Reframing the discussion for a crowded market place
      • Selling Information Quality
      • Perspectives on Information Quality
      • Tell me a Story…
      • How stories of success and peril can win hearts and minds.
      Outline of Presentation
      • Is Information recognised as an Asset?
      • How is it integrated / accounted for?
      The Asset
      • Fact
      • IT often does not want to raise a red flag since they know that they will be blamed for it
      • Business management wants to believe that their IT departments are top notch and that their systems are first rate
      • Transparency is still lacking
      • Is this an IT problem? What about?
      • Poorly articulated requirements
      • Poor acceptance testing
      • Poor data creation processes
      • … and more?
      Distrust and not Caring
    2. “But it’s supposed to be bigger”
      • Fact
      • Data and the quality of data is not managed as rigorously as are most other assets and activities
      • A characterization of the state of data quality awareness and responsiveness
      • People are generally aware of problems with data
      • People consistently underestimate, by a large amount, the extent of the problem
      • People have generally no idea of the cost of the problem to the organization
      • People have generally no idea of the potential value in fixing the problem
      Trust and Caring…
    3. Communicate
      Socialize
      Decisions
      Analyze
      Feedback
      Knowledge
      Enhanced Compliance
      Increased Effort
      Contextualize
      Feedback
      Information
      Feedback
      Data
      Increased Value
      Connecting Good Data to Good Decisions
    4. The objective is to merge the interests of senior leaders and quality leaders into a single, cohesive agenda that moves the organization forward
    5. When we reflect on our objectives and our alignment, we need to be sure we are seeing the full picture…
    6. Selling Information Quality
      How do we create the ‘common cause’ in a crowded market?
    7. Build Trust and Success
      Information Quality
      Reframing the Market Place
    8. Define the entity “Football”
    9. IQ Impact/Opportunity
      A generic strategy map, based on Kaplan & Norton
      Getting on the Map
    10. A Value Delivery System
      Value Proposition
      How resulting experiences will be provided
      How resulting experiences will be communicated
      Reduced costs of compliance
      All information required readily available with clear lineage and auditability
      Improved time/ability to respond to regulatory requests or investigation
      ???
      ‘Early warning’ of issues likely to attract regulator
      ???
      Quality built in, less risk of error and more timely awareness of problems
      Compliant at lower cost
      ???
      Joined up organisation thinking, right hand knowing what left hand is doing
      View of customer record consistent across organisation
      Not winding up in court for harassment of customers
      ???
      ???
    11. Value Propositions evolve
      Polaroid Pogo
      Digital Camera
      Polaroid Instamatic
      Box Brownie
    12. Value Propositions evolve
      Memory sticks, card readers, printers, printing booths, photo albums
      Film, advice, photo albums
      Polaroid Pogo
      Film, advice, spare parts, developing
      Digital Camera
      Film(?), advice, photo albums
      Polaroid Instamatic
      Box Brownie
    13. SCE (Successful Change Event)‏
      D (Dissatisfaction with status quo)‏
      V (Vision of future)‏
      F (First Steps)‏
      R (Resistance to change)‏
      • To trigger change you must
      • Understand the problem
      • Present the solution in an understandable way
      • Have clear first steps that solve the immediate problem while laying foundations for next steps.
      Formula for Change
    14. = Smelly Gym Socks
      A rose by any other name?
    15. In real life, unlike in Shakespeare, the sweetness of the rose depends upon the name it bears. Things are not only what they are. They are, in very important respects, what they seem to be.
      Hubert H. Humphrey
    16. Compliance Problems getting you down?
      Buy a data profiling tool and all your troubles will be over. Trust me....
    17. In Data/Information We Trust
    18. Wrap up
      • 'Information as an Asset' needs to be communicated
      • Trust (internal and external)
      • requires clear communication.
      • A culture of caring for information and information consumers requires communication
      • Communication happens through language…
      • Keep shouting loud enough in a language your audience doesn’t understand and you get nowhere
      • Change happens through communication
      • Understanding dissatisfaction
      • Communicating vision of future
      • A shared vision, with stories of success, builds trust.
      • An understanding of the Value Proposition builds credibility.
      Communication is key…
    19. A quick case study
      What is the value proposition for this company?
    20. Ferguson v British Gas [2009] EWCA Civ46
      British Gas continued to bill a customer (Ferguson) after they had switched to another provider.
      Passed details to collections agency, were commencing legal action etc.
      Customer had no outstanding debt and was no longer a BG customer
      Court of Appeal held that:
      Companies can be liable for harassment in cases like this
      The absence of a “controlling mind” is not a defence. “The Computer made us do it” will not wash.
      Apart from liability under the Protection from Harassment Act, it was also highlighted that people in this situation could take a complaint to Trading Standards as well.
      Poor information quality can get you sued.
    21. Value Proposition
      Value Proposition
      How resulting experiences will be provided
      How resulting experiences will be communicated
      Reduced costs of compliance
      View of customer record consistent across organisation
      Ensure notifications about inaccuracy in customer data are investigated and corrected quickly
      Run Consistency checks on customer data on a regular basis
      Ensure training and organisation culture support quick response to inconsistencies or inaccuracies in customer data.
      Not winding up in court for harassment of customers
      Publish a consistency report for management
      Track accuracy reports and actions at management meetings
      Be able to compete on higher standard of customer care.
      Publish case studies on how well we are doing.
      Present at Conferences
      ???
    22. Questions?

    + daraghobriendaraghobrien, 3 months ago

    custom

    241 views, 1 favs, 0 embeds more stats

    This presentation explores the value proposition fo more

    More info about this document

    © All Rights Reserved

    Go to text version

    • Total Views 241
      • 241 on SlideShare
      • 0 from embeds
    • Comments 0
    • Favorites 1
    • Downloads 0
    Most viewed embeds

    more

    All embeds

    less

    Flagged as inappropriate Flag as inappropriate
    Flag as inappropriate

    Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

    Cancel
    File a copyright complaint
    Having problems? Go to our helpdesk?

    Categories