A Data Fabric Strategy is an approach for managing and integrating data across different systems, locations, and formats within an organisation. It uses a combination of technologies and practices to create a unified data environment, making it easier for users to find, access, and use information. This strategy helps organisations break down data silos and…
A data warehouse strategy is a plan that outlines how an organisation will collect, store, organise and use data from different sources in one central system. It covers decisions about technology, processes, and people needed to turn raw data into useful information for analysis and reporting. A well-designed strategy helps ensure that data is accurate,…
A data integration strategy is a planned approach for combining data from different sources into a single, unified view. It helps organisations bring together information that may be stored in various formats, systems, or locations. By doing this, businesses can use their data more effectively for analysis, reporting, and decision-making.
A data catalog strategy is a plan for organising, managing and making data assets easy to find within an organisation. It involves setting rules for how data is described, labelled and stored so that users can quickly locate and understand what data is available. This strategy also includes deciding who can access certain data and…
Data strategy development is the process of creating a plan for how an organisation collects, manages, uses, and protects its data. It involves setting clear goals for data use, identifying the types of data needed, and establishing guidelines for storage, security, and sharing. A good data strategy ensures that data supports business objectives and helps…
A Balanced Scorecard is a management tool that helps organisations track and measure their performance from several different perspectives, not just financial results. It typically includes four key areas: financial, customer, internal processes, and learning and growth. By using this approach, businesses can get a more complete picture of how well they are meeting their…
Key Performance Indicators, or KPIs, are specific and measurable values that help organisations track how well they are achieving their goals. These indicators focus on the most important aspects of performance, such as sales numbers, customer satisfaction, or project completion rates. By monitoring KPIs, teams and managers can quickly see what is working well and…
A Service Level Agreement, or SLA, is a formal contract between a service provider and a customer that outlines the expected level of service. It clearly defines what services will be delivered, the standards for those services, and how performance will be measured. SLAs also describe what happens if the agreed standards are not met,…
Contract Lifecycle Management (CLM) is the process of managing contracts from their initial creation through negotiation, execution, renewal, and eventual expiry or termination. It involves organising all the stages a contract goes through to ensure compliance, reduce risks, and improve efficiency. CLM often uses software tools to automate routine tasks, store documents, and track important…
Supplier Relationship Management (SRM) is the process businesses use to manage their interactions with suppliers. It involves selecting suppliers, negotiating contracts, and ensuring that both parties meet agreed expectations. SRM aims to build positive relationships so that both the business and the supplier benefit over time. By effectively managing supplier relationships, organisations can reduce costs,…