Former Intel CEO Andy Grove once coined the phrase, “Technology happens.” As true as Grove’s pat aphorism has become, it’s not always good news. Twenty years ago, no one ever got fired for buying IBM. In the heyday of customer relationship management (CRM), companies bought first and asked questions later. Nowadays, business intelligence, data quality and master data management (MDM) initiatives have opened companies’ eyes to the fact that—absent sustained processes and data-centric expertise—the tools themselves rarely solve the problem.
A technology’s success or failure is not proportional to the existence of an executive sponsor, solid requirements, or even a deliberately-crafted business case. Instead it depends on the existence of rigorous processes and dedicated skills to implement and maintain it.
When it comes to the aforementioned solutions, data stewardship is seen as the glue that binds heterogeneous information—ensuring common, meaningful data across applications and systems. It seems obvious that data stewardship is important to the business. However, is it really a critical success factor?
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