MASTER DATA OWNERSHIP & GOVERNANCE

Defining a governance model that supports strong data ownership to unleash the potential of the MD function and drive it to become a true value-adding business partner

• Streamlined reporting structure in place and ties to the top to position master data as a key player in business-driven decision making
• Early adoption and fast transition to a master data governance model backed-up by strong data and process ownership to be recognized as a true business partner
• Scope and limits of the master data mandate: How to define the proper focus area and end-to-end process integration that make business sense
• Becoming true subject-matter experts: Empowering master data to decide on deletion, archiving and storage activities of data in the best interest of the company