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Customer Data Disorder – a great opportunity to improve business performance!
Fundamentally the goal of information technology is to deliver accurate, complete and relevant information in a secure fashion to people and processes on demand. Information about the parties you do business with is a critical asset to business. As business organizations have grown over time organically and through acquisition, data about customers is stored in many places in the enterprise. Each data store is defined differently, used by different business processes and updated by different business applications. The keys for and links between the data that describe customers gets out of alignment with the characteristics of customers in the real world. Customers themselves change frequently, as do the business processes that manage customer information, the business logic in applications and the metadata associated with the databases. The difference between people and legal entities in the real world and the information we have about them is called Customer Data Disorder. When the condition is advanced business performance suffers. Perhaps a total cure is out of reach but any sustained progress that produces better party information will improve the performance of your business!
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