Know the desired business outcomes
"Know the desired business outcomes that drive your data management modernization effort. Typically, the primary business driver seeks to increase, or optimize, the value of data within an organization. The outcome is better understanding your customers, value-based insights into your services and products, or gaining greater visibility into costs or compliance. To get these outcomes, alignment with the business is crucial to prioritizing how to start modernizing its data management strategy and implementation.
Without knowing the desired business outcomes and priorities, you will likely struggle, or even fail, to meet the need for increasing enterprise data value. A technical solution that provides a beautifully formed and consistent data management platform is undeniably alluring. A technical solution that meets the mission of increasing data value for the business across customers, partners, and lines-of-business will support all aspects of business priorities for growth, innovation, and security.
A business should revisit its data management as often as it reviews its overall corporate strategy. As the corporate strategy evolves, so should its approach to data management. Data is the foundation for supporting resource allocation decisions. Thus, as the corporate strategy is assessed, the approach to data management needs to be reviewed to determine whether the approach can help the business strategy today and into the future.ā
- Vince Padua, CTIO at Axway