Volume 3, Issue 2 - February 2009 Edition

Featured Articles

Trust – In A Project Based Environment
By George Vukotich

As more work is done on a project basis where teams come together to create or develop something and then move on, it is increasingly important to get teams up to speed quickly. This involves having team members work from a common frame of reference that includes everything from ensuring individuals understand their roles and responsibilities to understanding how decisions will be made and acted on. While it may sound easy, more projects fail because of a lack of understanding between team members than a lack of talent of the team members.

Monthly Columnists

With the number of unsuccessful data warehouse projects in the last several years reaching significant numbers, more and more organizations are becoming frustrated with a return on value of analytics solutions. Recently there has been a wave of unpleasant reminders of how significant amounts of money and time can be spent, only for an organization to receive little value and have to start over or abandon their efforts.

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An asset is something that will have value in future periods and the data warehouse (if it’s any good) certainly fits into that definition. Companies capitalize their ERPs and the guys with the green eyeshades don’t object. Why not the data warehouse? A number of us have long maintained that the DW is a real asset that has significant value to an organization – some of us even believe that the DW will make the difference between a company living and dying. Since the DW provides value in future periods, the DW represents an intangible asset that should be capitalized on a company’s balance sheet along with the tangible assets: cash, accounts receivable, inventory, plant and machinery

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Traditional systems development and implementation has focused on processes, rather than on data as the foundation of the enterprise. A data orientation led by data governance represents a major cultural change. It is not only a change in the way an organization delivers information, it also implies a new way of perceiving, accessing and respecting the evolving asset of information by the business community.

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The February issue of EIMInsight Magazine introduces for the first time to this Journal, George Vukotich, Ph.D., from Roosevelt University.  George focuses on the importance of communications and clear definitions of roles and responsibilities for any successful project.   Anne Marie Smith directs her Data Governance expertise to the cultural shift from traditional system development to data orientated model which not only a change in the way an organization delivers information, it also implies a new way of perceiving, accessing and respecting information.

Sid Adelman and Bruce Johnson are both back this month focusing on the Data Warehouse and the significant value it has to the organization and how to avoid the pitfalls of an ineffective data warehouse.

I invite you to join EIMInstitute, it’s free and will provide you with a wealth of research now and in the future. Articles are constantly added to the archives and resource portals, so join us now!

Also, please take time to visit our Library where you will have access to current and past columns which will provide you with insight for current and future projects.  To find an article written by one of our monthly columnists go to Meet The Experts, where we provide access to each columnist’s contributed EIMInsight articles.

If you have any questions or comments about the magazine or the institute, please contact me at cklima@EIMInstitute.org.

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