Why would a company not develop Master Data?

Several factors can deter a company from developing a master data program, including the perceived value, commitment level, disruption, and data quality priorities.

Fail to See Value in Integrating Their Data:

If a company does not recognize the benefits of integrating and managing master data, it may not invest in an MDM program.

Lack of Commitment:

Developing an effective MDM program requires long-term commitment from leadership and stakeholders. Without this commitment, the program is unlikely to succeed.

The Process is Too Disruptive:

Implementing an MDM program can be disruptive to existing processes and systems. The perceived disruption can deter companies from pursuing it.

Data Quality is Not a Priority:

If a company does not prioritize data quality, it may not see the need for a robust MDM program. Poor data quality can undermine the effectiveness of business processes and decision-making.