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William McKnight

Hello and welcome to my blog!

I will periodically be sharing my thoughts and observations on information management here in the blog. I am passionate about the effective creation, management and distribution of information for the benefit of company goals, and I'm thrilled to be a part of my clients' growth plans and connect what the industry provides to those goals. I have played many roles, but the perspective I come from is benefit to the end client. I hope the entries can be of some modest benefit to that goal. Please share your thoughts and input to the topics.

About the author >

William is the president of McKnight Consulting Group, a firm focused on delivering business value and solving business challenges utilizing proven, streamlined approaches in data warehousing, master data management and business intelligence, all with a focus on data quality and scalable architectures. William functions as strategist, information architect and program manager for complex, high-volume, full life-cycle implementations worldwide. William is a Southwest Entrepreneur of the Year finalist, a frequent best-practices judge, has authored hundreds of articles and white papers, and given hundreds of international keynotes and public seminars. His team's implementations from both IT and consultant positions have won Best Practices awards. He is a former IT Vice President of a Fortune company, a former software engineer, and holds an MBA. William is author of the book 90 Days to Success in Consulting. Contact William at wmcknight@mcknightcg.com.

Editor's Note: More articles and resources are available in William's BeyeNETWORK Expert Channel. Be sure to visit today!

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Day 1 of The 3-day Master Data Management course is in the books here in beautiful Sydney, Australia.  It's been an outstanding day of learning and sharing about the emerging, important discipline of master data management.

Here are my most vivid recollections from today:

  • MDM is highly misunderstood due to the wide range of benefits provided
  • MDM is part of major changes in how we handle data and to information chaos, which will get more complex before it gets less complex
  • MDM can and should support Hadoop data and all manner of data marts
  • Lack of a subject-area orientation in the culture is a challenge for MDM
  • Some MDM is analytical, most is operational
  • MDM subject areas can mix or hybrid across factors of analytical/operational, physical/virtual and the degree of governance needed
  • Often many systems build components of a master record, few work on the same attributes
  • MDM returns are in the improved efficacy of projects targeting business objectives
  • To do a return on investment justification, all project benefits must be converted to cash flow
  • MDM should be tightly aligned with successful projects, creating benefits for the MDM program
  • Personal motivators must be understood and are important in building an MDM roadmap
  • Vendor solutions may be subject area-focused or support multiple subject areas
  • Tactical MDM supports an individual project, enterprise MDM supports the organization for the subject area
  • Strong project management discipline can be more important in that role than MDM domain knowledge
  • The data warehouse will remain relevant in organizations, but many of its functions are moving operational, such as those to MDM
  • You can mix a subject are with the hub persisting frequently used data elements and pointing to source systems with the rest of the data
  • Do not count on the data warehouse for what MDM provides
  • Governance workflows provide the ability to escalate if actions are not taken in a timely manner
  • External sources like EPCID are becoming relevant in the product subject area

More to come on days 2 and 3.



Posted November 5, 2011 11:57 PM
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