This morning I received messages from a leading MDM vendor about an upcoming webinar the 12th September.
As we have the 3rd October today this is strange and the vendor of course sent out a correction later today:
That’s OK. Shit happens. Even at data quality and MDM vendors marketing departments.
I am probably a kind of a strange person been living in two countries lately, so I got the original message and the correction both to my Scandinavian identity from the vendor’s Scandinavian body:
As well as to my UK identity from the vendor’s UK body:
That’s OK. Getting a 360 degree view of migrating persons is difficult as discussed in the post 180 Degree Prospective Customer View isn’t Unusual.
Both (double) messages have a salutation.
Being Mr. Sorensen in the UK is OK. Using Mister and surname fits with an English stiff upper lip and The Letter ø could be o in the English alphabet.
I’m not sure if Dear Mr. Sørensen is OK in a Scandinavian context. Hello Henrik would be a better fit.
One of my pet peeves in data quality for CRM and ERP systems is the often used way at looking at entities, not at least party entities, in a flat data model as told in the post A Place in Time.
Party master data, and related location master data, will eventually be modeled in very complex models and surely we see more and more examples of that. For example I remember that I long time ago worked with the ERP system that later became Microsoft Dynamics AX. Then I had issues with the simplistic and not role aware data model. While I’m currently working in a project using the AX 2012 Address Book it’s good to see that things have certainly developed.
This blog has quite a few posts on hierarchy management in Master Data Management (MDM) and even Hierarchical Data Matching. But I have to admit that even complex relational data models and hierarchical approaches in fact don’t align completely with the real world.
In a comment to the post Five Flavors of Big Data Mike Ferguson asked about graph data quality. In my eyes using graph databases in master data management will indeed bring us closer to the real world and thereby deliver a better data quality for master data.
I remember at this year’s MDM Summit Europe that Aaron Zornes suggested that a graph database will be the best choice for reflecting the most basic reference dataset being The Country List. Oh yes, and in master data too you should think then, though I doubt that the relational database and hierarchy management will be out of fashion for a while.
So it could be good to know if you have seen or worked with graph databases in master data management beyond representing a static analysis result as a graph database.
Wikiopedia article on graph database
In the post Last Time Right the bad consequences of not handling that one of your customers aren’t among us anymore was touched.
This sad event is a major trigger in party master data lifecycle management like The Relocation Event I described last week.
In the data quality realm handling so called deceased data has been much about suppression services in direct marketing. But as we develop more advanced master data services handling the many aspects of the deceased event turns up as an important capability.
Like with relocation you may learn about the sad event in several ways:
- A message from relatives
- Subscription to external reference data services, which will be different from country to country
- Investigation upon returned mail via postal services
Apart from in Business-to-Consumer (B2C) activities the deceased event also has relevance in Business-to-Business (B2B) where we may call it the dissolved event.
One benefit of having a central master data management functionality is that every party role and related business processes can be notified about the status which may trigger a workflow.
An area where I have worked with handling this situation was in public transit where subscription services for public transport is cancelled when learning about a decease thus lifting some burden on relatives and also avoiding processes for paying back money in this situation.
Right now I’m working with data stewardship functionality in the instant Data Quality MDM Edition where the relocation event, the deceased event and other important events in party master data lifecycle management must be supported by functionality embracing external reference data and internal master data.
The title of a post on the Nimble blog has this question: Time To Turn Your Sales Team Social?´ The post has a lot of evidence on why sales teams that embrace social selling are doing better than teams that doesn’t do that.
We do see new applications supporting social selling where Nimble is one example from the Customer Relationship Management (CRM) sphere as explored in the post Sharing Social Master Data. Using social services and exploiting social data in sales related business processes will over time affect the way we are doing customer master data management.
Apart from having frontend applications being social aware we also need social aware data integration services and we do indeed need social aware Master Data Management (MDM) solutions for handling data quality issues and ensuring a Single Customer View (SCV) stretching from the old systems of record to the new systems of engagement.
One service capable of doing data integration between the old world and the new world is FlipTop and some months ago I was interviewed on the FlipTop blog about the links to Social MDM here. Currently I’m working with a social aware Master Data Management solution being the iDQ™ MDM Edition.
What about you? Are your Customer Master Data Management and related data quality activities becoming social aware?
In a blog post from yesterday one of my favorite bloggers Loraine Lawson writes:
“Take master data management, for instance. Oh sure, experts preach that it’s a discipline, not “just” a technology, but come on. Did anybody ever hear about MDM before MDM solutions were created?”
The post is called: Let’s Talk: Do You Really Need an Executive Sponsor for MDM?
And yes we do need an executive sponsor. Also we need a business case as we must avoid doing it big bang style and we need to establish metrics for measuring success and so on.
All wise things as it is wise sayings about data quality improvement initiatives, business intelligence (BI) implementations, customer relationship management (CRM) system roll-out and almost any other kind of technology enabled project.
I touched this subject some years ago in the post Universal Pearls of Wisdom.
So let’s talk:
- Is an executive sponsor more important for Master Data Management (MDM) than for Business Intelligence (BI)?
- Is a business case more important for Master Data Management (MDM) than for Supplier Chain Management (SCM)?
- Is big bang style more dangerous for Master Data Management (MDM) than for Service Oriented Architecture (SOA)?
And oh, don’t just tell me that I can’t compare apples and pears.
As told on DataQualityPro recently in an interview post about the Benefits of Social MDM, doing social MDM (Master Data Management) may still be outside the radar of most MDM implementations. But there are plenty of things happening with connecting CRM (Customer Relationship Management) and social engagement.
While a lot of the talk is about the biggest social networks as FaceBook and LinkedIn, there are also things going around with more local social networks like the German alternative to LinkedIn called Xing.
Last week I followed a webinar by Dirk Steuernagel of MRM24. It was about connecting your SalesForce.com contact data with Xing.
As said in the MRM24 blog post called Social CRM – Integration von Business Netzwerken in Salesforce.com:
“Our business contacts are usually found in various internal and external systems and on non-synchronized platforms. It requires a lot of effort and nerves to maintain all of our business contacts at the different locations and keep the relevant information up to date.”
(Translated to English by Google and me).
We see a lot of connectors between CRM systems and social networks.
In due time we will also see a lot of connectors between MDM and social networks, which is a natural consequence of the spread of social CRM. This trend was also strongly emphasized on the Gartner (the analyst firm) tweet chat today:
My last blog post was called Is Managing Master Data a Differentiating Capability? The post is an introduction to a conference session being a case story about managing master data at Philips.
During my years working with data quality and master data management it has always struck me how different organizations are managing the party master data domain while in fact the issues are almost the same everywhere.
First of all party master data are describing real world entities being the same to everyone. Everyone is gathering data about the same individuals and the same companies being on the same addresses and having the same digital identities. The real world also comes in hierarchies as households, company families and contacts belonging to companies which are the same to everyone. We may call that the external hierarchy.
Based on that everyone has some kind of demand for intended duplicates as a given individual or company may have several accounts for specific purposes and roles. We may call that the internal hierarchy.
A party master data solution will optimally reflect the internal hierarchy while most of the business processes around are supported by CRM-systems, ERP-systems and special solutions for each industry.
Fulfilling reflecting the external hierarchy will be the same to everyone and there is no need for anyone to reinvent the wheel here. There are already plenty of data models, data services and data sources out there.
Right now I’m working on a service called instant Data Quality that is capable of embracing and mashing up external reference data sources for addresses, properties, companies and individuals from all over the world.
The iDQ™ service already fits in at several places as told in the post instant Data Quality and Business Value. I bet it fits your party master data too.