Question: How important is it to have an accurate and current information inventory ? Is it possible and worth the effort of having one version of

How important is it to have an accurate and current information inventory?

Is it possible and worth the effort of having one version of the truth? Please explain why or why not. Please share any professional experiences you have come across.

If you believe that one version of the truth is that answer, how would you go about making a business case to create and maintain such an environment?

Is an information inventory a prerequisite in identifying opportunities for monetizing data via direct and indirect means? Please cite examples to support your case(s).

Lastly, how would you convey the need to support a "data governance program" to the Board of Directors.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Forecasted financial statements are given Sales (all on credit) Cost of Goods Sold Gross Profit Selling and Administrative Expense Rent Expense Depreciation Expense Operating profit (EBIT) Interest...

I wanted to ask a question regarding questions 12 and 13, under section 16.4 of the file I uploaded. In question 12, we had to calculate the value of the firm without leverage. In question 13 we had...

The company selected for this project is ABC Technology Solutions, which specialises in offering hardware and software-based technology solutions to enterprises. System analysis, design,...

Rev.Confirming Pages C H A P T E R 7 Planning, Composing, and Revising Chapter Outline The Ways Good Writers Write Activities in the Composing Process Using Your Time Effectively Brainstorming,...

tho1978X_pt2.qxd 10/18/2000 11:26 AM Page C-1 Cases in Strategic Management tho1978X_pt2.qxd 10/18/2000 11:26 AM Page C-2 A Guide to Case Analysis I keep six honest serving men (They taught me all I...

Q1-Explain how the EBIT Chart works (inputs determining the outputs-the two lines on the chart Case Leahy Bread Company (LBC) in Cohen Finance Workbook, page 111( a 'caselette') SEE THE IS/BS MODEL &...

Hello. Can you help with this four question problem? Case PRIVATE EQUITY CASE: MERGER CONSOLIDATION The questions below COMBINE the Ohio & Maryland PT acquisitions as if they are a single c Learning...

Income Statement of an interior design firm, Grand Designs, that makes money by selling hours (fees) and by selling furniture or other items (Sale of Goods). 1) Using the formula for Profit Margin,...

CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING - FN540820 Page 1 UNIT 3 - COMPLY WITH FINANCIAL SERVICES REGULATION AND INDUSTRY CODES OF PRACTICE Unit Code: FNSFMK515 This unit describes the skills...

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Contracts may have many types of clauses or terms and conditions. Write a brief synopsis of Dispute Resolution Clause

University Car Wash built a deluxe car wash across the street from campus. The new machines cost $258,000 including installation. The company estimates that the equipment will have a residual value...

When performing searches, the asterisk ( " ) is used as a ( n )

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...