At andnowto we know what it is like to live Transformation. Our experience means that we have seen organisations who have truly invested in organisational and business transformation, and the vast majority where transformation is seen as the consultants’ problem to solve. The latter is why many commentators suggest that up to 70% of all transformation engagement fail.
The truth of transformation is that without strong internal sponsorship, an agreed approach, and a clearly defined glide path to delivery, organisations and their staff are left blind to what is being undertaken: having a strategy is one thing, changing an organisation is another, but knowing what is being done and being able clearly articulate this is where value can be maximised. Consultancies have a responsibility to their clients to be able to do this all the way through a transformation; whether that be a relatively small departmental evolution or a complete business revolution.
When andnowto talk about leaving organisations with Zero intellectual debt it means that we work with you to build the ‘Toolbox for Transformation’, and then document key activities and information alongside your intellectual property. This includes;
– Understanding your unique requirements, and gaining agreement to your transformational needs
– Defining and articulating a set of competencies required within your organisation to ensure that transformation is a success
– Documenting the building blocks for transformational success
– Creating a structured, but individualised process that enables you to move from your current state to the future goal that reflects the very unique transformational needs within your organisation
– Confirming knowledge transfer activities; focusing on the value add and removing the noise of unnecessary information
– Agreeing how we will measure success, and baselining key indicators
Once this has been done we will then work with you to build out your transformational journey.
We see our success as being able to walk away from any organisation in the knowledge that irrespective to the type of transformation, there is no ongoing need to retain external resources to do what can be done internally. This can only really happen if we have successfully transferred the skills and knowledge into your day to day activities.
Any transformation will move an organisation from a current state to a future state, through a transition state. It is within this part of the process where intellectual debt is often built, with many organisations forgetting the importance of being able to articulate the steps they have taken to move from the old to the new world. Our focus on leaving with zero intellectual debt means that the rational, the steps taken and the success criteria within the transition state can always be reviewed, understood, lessons learnt and future transformations evolved to ensure mistakes of the past do not have to be relearnt: enabling further transformation to be undertaken quicker and with a higher probability of success.
andnowto is not a consultancy that gives a veneer of transformation, rather we are a group of specialists who recognise the unique challenges that true transformation has and will work with you to ensure that all intellectual property is packaged up and reusable for future needs; leaving our engagement with zero intellectual debt, and you with the knowledge that your engagement with andnowto is a truly transformative approach to change.
In the first of a series of his posts focusing on data management, our head of Data Management Practice introduces the concept of Master Data and subsequently Master Data Management.
What is Master Data?
A typical organisation will have multiple types of data flowing through it:
• Transactional data
• Analytical data
• Meta data
• Unstructured data
• Reference data and
• Master data
Master data represents the core Critical Data Elements (CDE’s) within an organisation that enables it to transact its business. The simple way to think of master data, is as the real world nouns we come across in the day to day operation of a business. They typically fall into the following conceptual groupings:
• People & Organisations
• Things and
Therefore, if master data represents the nouns, the corresponding verbs relate to the transactions. A transaction could for example be a sales order. A sales order will contain MASTER data describing; Whatis being purchased (things), Whois purchasing it (people and organisations), Whereit is being delivered to (organisations and places), Whois paying the bill (people and organisations). The sales order will also contain information the price of the goods, the quantities ordered, the VAT applied etc. All of the latter represents the TRANSACTIONAL data.
In his next post we will focus more on what Master Data Management (MDM) is and the benefits you can expect to realise through a successful MDM implementation.