WA1726
MDM Primer Training
This Master Data Management (MDM) course provides foundational knowledge in MDM theory, practice, and key components. Attendees are provided with a broad survey of Master Data concepts and can explore MDM from multiple angles. Concepts are reinforced through analysis of real-world case studies and group discussion.
Course Details
Duration
1 day
Prerequisites
No prior knowledge is presumed.
Target Audience
- General audience including business and technology team leadership
Skills Gained
- Master Data Management Concepts
- Master Data Management 101
- The Master Data Value Proposition
- Real World Case Study Analysis
- Opportunities and Risks
- MDM Infrastructure and Tools
- Key Success Factors
- MDM Adoption
Course Outline
- Introduction to Master Data Management
- Defining Master Data
- Qualities of Master Data
- Master Data Management (MDM)
- Common Causes for Unmanaged Data
- MDM Domains
- Industry Standard Domains
- Using Master Data
- Common Implementation Styles
- Consolidation Implementation Style
- Registry or Federation Implementation Style
- Coexistence Implementation Style
- Transactional Hub Implementation Style
- MDM Value Proposition
- Business Benefits of MDM
- Benefits of Accurate Data
- Cost Saving and Efficiency
- Better Regulation Compliance
- Better Time to Market
- Mergers and Acquisitions
- Real Life Case Studies
- Better Reporting at Nationwide
- Cost Cutting at Shell Oil
- Single Customer View for Canon Europe
- Brinker Gets a New Menu
- MDM Risks
- Risk Categories
- Technical Risk - Data Model Standardization
- Technical Risk - Tools and Infrastructure
- Technical Risk - Data Architecture
- Technical Risk - Ignoring the Role of Business Processes
- Technical Risk - Testing and Validation
- The Carbon Interfaces
- Human Risk - Change Management
- Human Risk - Communication
- Human Risk - Unrealistic Expectations
- Human Risk - Funding
- Key Success Factors
- Business Stakeholder Involvement
- Data Model Design
- MDM Governance is Essential
- Incremental Adoption
- Adoption Road Map
- Incremental Development
- Typical Adoption Process
- MDM Adoption Phase 1
- MDM Adoption Phase 2
- MDM Adoption Phase 3
- MDM Implementation Activities
- Establish Business Goals
- Gap Analysis and Project Scope Definition
- Requirements Analysis and Business Process Design
- Identifying Master Data
- Document Governance Policies
- Define the Metadata
- Perform Master Object Analysis and Modeling
- Implement the MDM Architecture
- Implement Data Services
- Migrate Legacy Application
