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Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
3 Essential Steps to Deliver Information Governance Success
Through Strategy & Leadership
Data Governance and Information Quality Summit 2016
Three Essential Steps
Define an Information Value Map, because Context Matters
1
Develop a Common Value-Based Dialogue for Data
2
$
3
Drive the Information Value Dialogue Home through Improving Lives
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
Information Value is not Exclusively a Calculated Formula
“Data governance value to many organizations is non-financial and embedded in the
intrinsic value, business value and performance value of information*”
*Doug Laney’s published work on “Infonomics”
Economic Value Measures for Information
Cost Value Cost of Acquisition or Replacement (burden)
Economic Value
Financial Impact of Having the Information Less
the Acquisition Cost
Market Value
Income Generated through Selling, Renting or
Bartering the Information
Non-Financial Measures for Information Value
Intrinsic Value
Presumptive Value based on Key
Characteristics
Business Value Value of the Information to a Business Process
Performance Value
Impact of Information on Business Measures
and Algorithmic Quality
1. Information
Value Map
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
Anchor Stakeholders on What Matters Most by Defining the Context of Information
1. Information
Value Map
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
Stakeholders Represent a Diverse Range of Wants and Needs
CXO, EVP, VP
(Earnings/Share, Customer Sat., COGS, Cycle Time, ...)
Director, Manager, Steward
(Data Standards, Governance Rules, Data Integrity, …)
Data Complexity
Information Management Strategy
(Ownership / Structure / Processes /Metrics)
Business Initiatives
2. Value Based
Dialogue
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
Leadership and Strategy are Defined by Matching the Wants and Needs
Executive
Insight
Operational
Challenges
We Want:
• Trusted Information for Better Decisions
• Predictive Analytics to Drive Performance
• Holistic Enterprise View
• Real-Time Trusted Execution
• “Sexy BI/Analytics”
• “That IoT thing I keep reading about”
We Need:
• Quality Controls Aligned to Process Integrity
• Process & Policy Definitions
• Organizational Alignment
• Accountability and Ownership
• Local Data Discipline
• Stewardship Tools & Applications
• Sustain & Enforce the Basics
2. Value Based
Dialogue
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
Data and Information Challenges Suffer a “Likeability” Crisis
Lovable Fool
mildly wanted
Competent Jerk
mostly avoided
Incompetent Jerk
Desperately avoided
Lovable Star
desperately wanted
Competence
high
low
Likeability highlow
Copyright © 2005 Harvard Business School Publishing Corporation.
This Applies to Individuals and Team/Organizational Identity.
3. Improve
Lives
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
For Building the Dialogue, the “Steward” Lives the Pain, but the Customer is King
“Data Daniella”
3. Improve
Lives
To Recap
Visualization of a Value Map is more insightful/actionable
and just as important as any monetary calculations1
A common Value-Based Dialogue for data provides the critical
alignment of “wants” and “needs” that drive strategy execution
2
$
3
The “Likeability” crisis for data means that data quality and
manual remediation are not the final destination
Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC
ALL RIGHTS RESERVED
• This publication (in whole or in part) may not be reproduced or transmitted in any form or for any purpose without the express permission of DATUM LLC. The information contained herein may be changed
without prior notice.
• SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, ByDesign, SAP Business ByDesign, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of
SAP AG in Germany and other countries.
• Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence, Xcelsius, and other Business Objects products and services mentioned herein as well as their
respective logos are trademarks or registered trademarks of Business Objects S.A. in the United States and in other countries. Business Objects is an SAP company.
• Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft Corporation.
• Adobe, the Adobe logo, Acrobat, PostScript, and Reader are either trademarks or registered trademarks of Adobe Systems Incorporated in the United States and/or other countries.
• Oracle is a registered trademark of Oracle Corporation.
• HTML, XML, XHTML and W3C are trademarks or registered trademarks of W3C®, World Wide Web Consortium, Massachusetts Institute of Technology.
• Java is a registered trademark of Sun Microsystems, Inc.
• JavaScript is a registered trademark of Sun Microsystems, Inc., used under license for technology invented and implemented by Netscape.
• All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary.
• These materials are subject to change without notice. These materials are provided by DATUM LLC (“DATUM") for informational purposes only, without representation or warranty of any kind, and DATUM shall
not be liable for errors or omissions with respect to the materials. The only warranties for DATUM products and services are those that are set forth in the express warranty statements accompanying such
products and services, if any. Nothing herein should be construed as constituting an additional warrant.
• Information Value Management®, Value on Investment® and VoI® are registered marks of DATUM LLC
• DATUM Dimensions™, DATUM Maturity Map™, DATUM Maturity Model™, FACT Engagement℠ and Longitudinal Data Strategy℠ are all trademarks of DATUM LLC
Contact DATUM
Learn more at…
www.datumstrategy.com
WILL CRUMP

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3 Essential Steps to Deliver Information Governance Success Through Strategy & Leadership

  • 1. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC 3 Essential Steps to Deliver Information Governance Success Through Strategy & Leadership Data Governance and Information Quality Summit 2016
  • 2. Three Essential Steps Define an Information Value Map, because Context Matters 1 Develop a Common Value-Based Dialogue for Data 2 $ 3 Drive the Information Value Dialogue Home through Improving Lives
  • 3. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC Information Value is not Exclusively a Calculated Formula “Data governance value to many organizations is non-financial and embedded in the intrinsic value, business value and performance value of information*” *Doug Laney’s published work on “Infonomics” Economic Value Measures for Information Cost Value Cost of Acquisition or Replacement (burden) Economic Value Financial Impact of Having the Information Less the Acquisition Cost Market Value Income Generated through Selling, Renting or Bartering the Information Non-Financial Measures for Information Value Intrinsic Value Presumptive Value based on Key Characteristics Business Value Value of the Information to a Business Process Performance Value Impact of Information on Business Measures and Algorithmic Quality 1. Information Value Map
  • 4. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC Anchor Stakeholders on What Matters Most by Defining the Context of Information 1. Information Value Map
  • 5. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC Stakeholders Represent a Diverse Range of Wants and Needs CXO, EVP, VP (Earnings/Share, Customer Sat., COGS, Cycle Time, ...) Director, Manager, Steward (Data Standards, Governance Rules, Data Integrity, …) Data Complexity Information Management Strategy (Ownership / Structure / Processes /Metrics) Business Initiatives 2. Value Based Dialogue
  • 6. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC Leadership and Strategy are Defined by Matching the Wants and Needs Executive Insight Operational Challenges We Want: • Trusted Information for Better Decisions • Predictive Analytics to Drive Performance • Holistic Enterprise View • Real-Time Trusted Execution • “Sexy BI/Analytics” • “That IoT thing I keep reading about” We Need: • Quality Controls Aligned to Process Integrity • Process & Policy Definitions • Organizational Alignment • Accountability and Ownership • Local Data Discipline • Stewardship Tools & Applications • Sustain & Enforce the Basics 2. Value Based Dialogue
  • 7. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC Data and Information Challenges Suffer a “Likeability” Crisis Lovable Fool mildly wanted Competent Jerk mostly avoided Incompetent Jerk Desperately avoided Lovable Star desperately wanted Competence high low Likeability highlow Copyright © 2005 Harvard Business School Publishing Corporation. This Applies to Individuals and Team/Organizational Identity. 3. Improve Lives
  • 8. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC For Building the Dialogue, the “Steward” Lives the Pain, but the Customer is King “Data Daniella” 3. Improve Lives
  • 9. To Recap Visualization of a Value Map is more insightful/actionable and just as important as any monetary calculations1 A common Value-Based Dialogue for data provides the critical alignment of “wants” and “needs” that drive strategy execution 2 $ 3 The “Likeability” crisis for data means that data quality and manual remediation are not the final destination
  • 10. Confidential and Proprietary. All rights reserved Copyright© 2016. DATUM LLC ALL RIGHTS RESERVED • This publication (in whole or in part) may not be reproduced or transmitted in any form or for any purpose without the express permission of DATUM LLC. The information contained herein may be changed without prior notice. • SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, ByDesign, SAP Business ByDesign, and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries. • Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence, Xcelsius, and other Business Objects products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of Business Objects S.A. in the United States and in other countries. Business Objects is an SAP company. • Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft Corporation. • Adobe, the Adobe logo, Acrobat, PostScript, and Reader are either trademarks or registered trademarks of Adobe Systems Incorporated in the United States and/or other countries. • Oracle is a registered trademark of Oracle Corporation. • HTML, XML, XHTML and W3C are trademarks or registered trademarks of W3C®, World Wide Web Consortium, Massachusetts Institute of Technology. • Java is a registered trademark of Sun Microsystems, Inc. • JavaScript is a registered trademark of Sun Microsystems, Inc., used under license for technology invented and implemented by Netscape. • All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary. • These materials are subject to change without notice. These materials are provided by DATUM LLC (“DATUM") for informational purposes only, without representation or warranty of any kind, and DATUM shall not be liable for errors or omissions with respect to the materials. The only warranties for DATUM products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warrant. • Information Value Management®, Value on Investment® and VoI® are registered marks of DATUM LLC • DATUM Dimensions™, DATUM Maturity Map™, DATUM Maturity Model™, FACT Engagement℠ and Longitudinal Data Strategy℠ are all trademarks of DATUM LLC
  • 11. Contact DATUM Learn more at… www.datumstrategy.com WILL CRUMP

Editor's Notes

  1. According to a Harvard Business School study from 2005, everyone in this room falls into one of the boxes above. We fit on a scale of Competence and Likeability. It would be spectacular if we could all be in the Lovable Star box, but unfortunately that can’t always be the case. More alarming is that when we are given the opportunity to choose our team mates, we are statistically more likely to pick the Lovable Fool than the Competent Jerk. Often using the excuse of “Alignment”. Put this in the terms of Data and Information Management and it can be hard to recognize and reach out to either business or IT to select the right talent for success.