It’s widely accepted that Master Data Management (MDM) technology is an essential part of any effective Digital Transformation strategy. Such software solutions act as the enabler, however it’s critical not to overlook other vitally important elements of a transformation process.
Even with the best MDM technology solution, there are barriers to success that can only be overcome with the right strategy in place. Here are three common stumbling blocks experienced in data management programmes that are stopping true transformation from happening:
Realising change management
The implementation of software is part of the solution but not in its entirety. The true benefit of a new solution is embracing the positive changes it can bring to business processes. The business impact and change that comes with a new data management system has a direct effect on peoples working day and activities. Time and attention are required to help realise this change, adjust accordingly and benefit from a new way of working.