Business Glossary - Design And Technology - Webinar By Itxpertpanel
Challenges with aligning the business understand and IT have lead me to believe strongly in the value of a Business Glossary
.
A Business Glossary can simply be defined as a data management application containing business terms and definitions and used by business people to get their jobs done. But a Business Glossary is not a static list or dictionary of terminology or word document of business metadata. It is the tool for exposing authoritative content from across the organization and used to communicate understanding and clarity across the enterprise.
A Business Glossary is critical for many enterprises that are:
Organized geographically introducing global enterprise semantic, or definition differences
Organized around Products or Vertically
Human semantic differences created by the many languages used
Mergers and Acquisitions introduce semantic differences
Acquisition and replacement of enterprise-wide IT applications
This seminar will be helpful for managers and data management professionals that have been challenged with any of the following issues:
Too many acronyms that few understand
Business Intelligence, BPM and KPI ambiguity
Legal and compliance regulations (such as TART)
Enterprise or international projects like CDI/MDM
Conflict and misalignment between Business and IT as related to the understanding of business concepts and often business dimensions
Why should you attend :Organizations of all sizes are challenged in the communications that occur within the organization. Are the Goals and Objectives of every program well understood across all business units? Are we working in harmony? Is our regulatory reporting accurate? Why did I just get 3 reports from 3 different groups with 3 different totals for the same KPI? Did you make your last business decision with "trusted information" that gives you 100% confidence in the decision you made?
A Business Glossary can connect workers across the enterprise to critical business information they can trust, helping to eliminate the misunderstandings that cause lost time, lost opportunities and lost revenue.
One study conducted with more than 1,000 middle managers published the following key findings:
Middle managers spend more than 25 percent of their time searching for information necessary to do their jobs
More than 50 percent of the information they obtain has no value to their original search request
42 percent of respondents said they accidentally use the wrong information at least once a week
53 percent said that less than half of the information they receive is Valuable
59 percent said that as a consequence of poor information distribution, they miss internal company information that might be valuable to their job
36 percent said there is so much information available that it takes a long time to actually find the right piece of data
Areas Covered in the Session
From this seminar you will learn:
What are the business & IT challenges that a Business Glossary can help solve
How to position the benefits of a Business Glossary to get the effort budgeted
Methods for establishing the Governance, standards and best processes
Methods for determining how to create Business Term names and good definitions
What the Glossary Logical Data Model could look like
Resolving Design issues such as how to query the Glossary and who should have access, what is the life-cycle of a Business Term
Techniques for defining the Glossary taxonomy and leveraging your firms taxonomy
Techniques to get your Glossary populated
Who Will Benefit:
Chief Information Officer, Chief Data Officer
Director/Manager of Application Development
Director/Manager of Data Warehousing & Business Intelligence
Enterprise Data Architect
Solutions Architect
Data Warehouse/BI Architect
Director/Manager of Data Governance
Lowell is recognized as a thought leader in business metadata/glossaries, enterprise application integration, DW/BI applications, and Data Governance having hands-on experience with over 80 business intelligence implementations. He has also been recognized by W. H. (Bill) Inmon, and is a contributor to six of his books. Mr. Fryman is a co-author of the book Business Metadata: Capturing Enterprise Knowledge. Lowell an Data Architect in the Healthcare Practice of Edgewater Technology Inc. Lowell has achieved a number of certifications including Certified Business Intelligence Professional (CBIP) for ICCP/TDWI and has an MSIT degree.
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