Optimised data management and regulated data-sharing

The move towards optimised data management and regulated data-sharing can be achieved by:

  • Implementation of effective legislation enabling concept of base registries and data reuse;
  • Simplification of governance through establishment of a common governance, setting the standards, leaning the processes and creating the data domains;
  • Creation of common meanings through reuse of common data models and master data management;
  • Implementation of authoritative base registries;
  • Development and implementation of interconnecting infrastructure;
  • Continuous improvement of data quality.
Legacy scenario versus Future state of affairs
Legacy scenario versus Future state of affairs

 

Industry-standard data management frameworks recommend the steps for moving from a legacy environment to total master data management. Interested users can check various framework and follow the most applicable one to their organisation, e.g. The Data Management Capability Assessment Model(DCAM), the CMMI Institute’s Data Management Maturity (DMM) model.