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Is there a data dictionary or other data asset specifying enterprise master data, transaction data, and historical data?
Managing the master data asset should be considered a critical component of an enterprise information management strategy.
If either the data asset itself or the algorithm on top of it seems to be cutting edge or proprietary, I wouldn't go shout it from the rooftops.
Directors should understand, at a high level, what the most critical data asset sets or capabilities are to the company and the risks posed to them.
"I'd never say it would never happen again," adds Tennison, "but you'd hope that the CDO would be in a position to set up some checks and balances on public data asset ownership".
The expectations for the master data asset availability are defined in terms of synchronization between the client applications and the master data set as well as between the components of the master data set itself.
Similar(42)
This is no less true of key data assets.
Can data assets be used as currency for financial transactions?
How are you thinking about your data assets?
Almost all companies grossly underutilize their data assets.
The unique data assets we have and can monetize?
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