Data Profiling in Master Data Management Dataset (Publication Date: 2024/02)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Does your organization know what to do if data subjects objects to processing the data or profiling?
  • Has data quality profiling of the required data been completed to determine existing source data quality issues which would limit the metrics reporting?
  • Will the processing use profiling, automated decision making or special category data to help make decisions on someones access to a service, opportunity or benefit?


  • Key Features:


    • Comprehensive set of 1584 prioritized Data Profiling requirements.
    • Extensive coverage of 176 Data Profiling topic scopes.
    • In-depth analysis of 176 Data Profiling step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 176 Data Profiling case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Data Validation, Data Catalog, Cost of Poor Quality, Risk Systems, Quality Objectives, Master Data Key Attributes, Data Migration, Security Measures, Control Management, Data Security Tools, Revenue Enhancement, Smart Sensors, Data Versioning, Information Technology, AI Governance, Master Data Governance Policy, Data Access, Master Data Governance Framework, Source Code, Data Architecture, Data Cleansing, IT Staffing, Technology Strategies, Master Data Repository, Data Governance, KPIs Development, Data Governance Best Practices, Data Breaches, Data Governance Innovation, Performance Test Data, Master Data Standards, Data Warehouse, Reference Data Management, Data Modeling, Archival processes, MDM Data Quality, Data Governance Operating Model, Digital Asset Management, MDM Data Integration, Network Failure, AI Practices, Data Governance Roadmap, Data Acquisition, Enterprise Data Management, Predictive Method, Privacy Laws, Data Governance Enhancement, Data Governance Implementation, Data Management Platform, Data Transformation, Reference Data, Data Architecture Design, Master Data Architect, Master Data Strategy, AI Applications, Data Standardization, Identification Management, Master Data Management Implementation, Data Privacy Controls, Data Element, User Access Management, Enterprise Data Architecture, Data Quality Assessment, Data Enrichment, Customer Demographics, Data Integration, Data Governance Framework, Data Warehouse Implementation, Data Ownership, Payroll Management, Data Governance Office, Master Data Models, Commitment Alignment, Data Hierarchy, Data Ownership Framework, MDM Strategies, Data Aggregation, Predictive Modeling, Manager Self Service, Parent Child Relationship, DER Aggregation, Data Management System, Data Harmonization, Data Migration Strategy, Big Data, Master Data Services, Data Governance Architecture, Master Data Analyst, Business Process Re Engineering, MDM Processes, Data Management Plan, Policy Guidelines, Data Breach Incident Incident Risk Management, Master Data, Data Mastering, Performance Metrics, Data Governance Decision Making, Data Warehousing, Master Data Migration, Data Strategy, Data Optimization Tool, Data Management Solutions, Feature Deployment, Master Data Definition, Master Data Specialist, Single Source Of Truth, Data Management Maturity Model, Data Integration Tool, Data Governance Metrics, Data Protection, MDM Solution, Data Accuracy, Quality Monitoring, Metadata Management, Customer complaints management, Data Lineage, Data Governance Organization, Data Quality, Timely Updates, Master Data Management Team, App Server, Business Objects, Data Stewardship, Social Impact, Data Warehouse Design, Data Disposition, Data Security, Data Consistency, Data Governance Trends, Data Sharing, Work Order Management, IT Systems, Data Mapping, Data Certification, Master Data Management Tools, Data Relationships, Data Governance Policy, Data Taxonomy, Master Data Hub, Master Data Governance Process, Data Profiling, Data Governance Procedures, Master Data Management Platform, Data Governance Committee, MDM Business Processes, Master Data Management Software, Data Rules, Data Legislation, Metadata Repository, Data Governance Principles, Data Regulation, Golden Record, IT Environment, Data Breach Incident Incident Response Team, Data Asset Management, Master Data Governance Plan, Data generation, Mobile Payments, Data Cleansing Tools, Identity And Access Management Tools, Integration with Legacy Systems, Data Privacy, Data Lifecycle, Database Server, Data Governance Process, Data Quality Management, Data Replication, Master Data Management, News Monitoring, Deployment Governance, Data Cleansing Techniques, Data Dictionary, Data Compliance, Data Standards, Root Cause Analysis, Supplier Risk




    Data Profiling Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Data Profiling


    Data profiling is the process of examining and analyzing data to gain insights and understand its characteristics, trends, and patterns. It helps organizations to make informed decisions about how to manage and use their data effectively.


    1. Solution: Develop a clear data profiling strategy.
    Benefits: Identify and address potential issues with data accuracy, completeness, and consistency.

    2. Solution: Implement automated data profiling tools.
    Benefits: Efficiently analyze large datasets and identify inconsistencies or outliers for further investigation.

    3. Solution: Establish data quality rules and standards.
    Benefits: Ensure all data is accurate, complete, and consistent, improving overall data quality and validity.

    4. Solution: Regularly monitor and re-profile data.
    Benefits: Continuously improve data quality and maintain consistency, reducing the risk of errors and discrepancies.

    5. Solution: Utilize data governance policies.
    Benefits: Ensure compliance with data regulations and guidelines, reducing legal and financial risks.

    6. Solution: Involve data stewards in the data profiling process.
    Benefits: Identify and resolve data issues at the source, improving data quality and consistency.

    7. Solution: Integrate data profiling into the data management lifecycle.
    Benefits: Identify data quality issues early on, reducing the time and effort needed to rectify them later.

    8. Solution: Leverage data quality dashboards and reports.
    Benefits: Visualize data quality metrics and trends for better insights and decision-making.

    9. Solution: Utilize data cleansing and data enrichment tools.
    Benefits: Improve the accuracy and completeness of data, enhancing its overall value for business operations.

    10. Solution: Train employees on data awareness and data stewardship.
    Benefits: Foster a data-driven culture and empower employees to take ownership of data quality, leading to better overall data management.

    CONTROL QUESTION: Does the organization know what to do if data subjects objects to processing the data or profiling?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:
    By 2031, our organization aims to be a pioneer in data profiling by having a system in place that addresses any concerns or objections raised by data subjects regarding the processing of their personal information.

    We envision a future where our company has not only perfected the art of data profiling, but also prioritizes the protection and rights of individuals whose data is being utilized. We strive to achieve this goal through the following initiatives:

    1. Comprehensive Data Subject Rights Policy: By 2031, our organization will have developed and implemented a comprehensive policy that outlines the rights of data subjects, including the right to object to data processing or profiling. This policy will be regularly reviewed and updated to ensure compliance with any changes in privacy laws.

    2. Efficient and Transparent Communication Channels: We aim to establish efficient and transparent channels of communication for data subjects to raise objections or concerns regarding their data. This could include a dedicated email address or hotline specifically for data subject inquiries, as well as clear and easily accessible information on our website regarding data processing and profiling practices.

    3. Proactive Data Subject Education: Our organization will take proactive measures to educate data subjects about their rights and how their data is being used for profiling purposes. This could include providing clear and easy-to-understand information about the data we collect, how it is processed, and their right to object to such processing.

    4. Robust Data Protection Measures: We will continuously invest in and implement the latest data protection measures to ensure the security and confidentiality of personal information. This includes regular risk assessments, encryption of sensitive data, and strict access controls.

    5. Compliance Monitoring and Reporting: Our goal is to be transparent and accountable in our data profiling practices. By 2031, we aim to have a system in place for monitoring and reporting any objections or complaints raised by data subjects, as well as regular audits to ensure compliance with regulatory requirements.

    Our BHAG (Big Hairy Audacious Goal) for the next 10 years is to be a leader in the industry, not just in terms of data profiling capabilities, but also in upholding the rights and privacy of data subjects. We believe that by setting this ambitious goal, we can contribute to building a more ethical and responsible approach to data profiling for the betterment of society as a whole.

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    Data Profiling Case Study/Use Case example - How to use:



    Case Study: Data Profiling and Data Subject Objections

    Synopsis of Client Situation:
    ABC Corporation is a multinational company that prides itself on providing personalized customer experiences through targeted marketing campaigns. With the increasing use of technology and digital platforms, ABC Corporation has amassed a vast amount of customer data, including personal information such as demographics, browsing history, purchase behavior, and social media interactions. To leverage this data for effective marketing strategies, ABC Corporation has implemented data profiling techniques. However, with the increasing awareness around data privacy and protection, there is a growing concern about potential objections from data subjects. The client′s senior management team has approached our consulting firm to assess their data profiling practices and provide recommendations on how to handle data subject objections.

    Consulting Methodology:
    Our consulting approach for this project will include a thorough assessment of ABC Corporation′s current data profiling practices. We will review their data collection methods, data storage, and use of data profiling algorithms. Our team will also evaluate the organization′s compliance with data privacy laws, such as the General Data Protection Regulation (GDPR). We will conduct interviews with key stakeholders, including senior management, data analysts, and legal counsel, to gain a complete understanding of the current processes and identify any gaps or areas for improvement.

    Deliverables:
    1. Data Profiling Best Practices Guide: This guide will provide an overview of the best practices for data profiling, including data collection, storage, and usage. It will also outline the steps for addressing data subject objections.
    2. Data Privacy Compliance Report: This report will evaluate ABC Corporation′s compliance with data privacy laws, such as GDPR, and highlight any areas of non-compliance.
    3. Data Subject Objection Response Plan: This plan will outline the steps and protocols for handling data subject objections to processing their data or profiling.
    4. Training Materials: Our consulting team will develop training materials on data protection and data subject rights for ABC Corporation′s employees, including data analysts and marketing teams.

    Implementation Challenges:
    The main challenge for implementing our recommendations will be the cultural shift required within ABC Corporation′s organization. Data subject rights, such as the right to object to data processing and profiling, have not been a priority for the company in the past. Therefore, there may be resistance from employees to adopt new processes and protocols. To address this challenge, our team will work closely with the client′s senior management to communicate the importance of complying with data privacy laws and ensuring the protection of data subjects′ rights.

    KPIs:
    1. Percentage of Compliance: The percentage of compliance with data privacy laws, such as GDPR, will be measured before and after the implementation of our recommendations.
    2. Number of Data Subject Objections: The number of objections received from data subjects will be tracked to assess the effectiveness of our response plan.
    3. Employee Awareness: We will conduct surveys to measure employees′ awareness and knowledge of data subject rights and the organization′s responsibilities towards them.
    4. Time to Respond to Objections: The time taken to respond to data subject objections will be monitored to ensure prompt and timely responses.

    Management Considerations:
    To ensure the successful implementation of our recommendations, we recommend that ABC Corporation appoints a Data Protection Officer (DPO). The DPO will be responsible for overseeing the organization′s compliance with data privacy laws, responding to data subject objections, and maintaining communication with regulatory authorities. It is also crucial for senior management to provide continuous support for the implementation process and allocate sufficient resources for the training and education of employees on data protection and data subject rights.

    Citations:
    1. Data Profiling: A Deep Dive into Big Data Analytics. Accenture. https://www.accenture.com/_acnmedia/PDF-14/Accenture-Data-Profiling-Deep-Dive-Big-Data-Analytics.pdf
    2. Prenner, P. Data Profiling Best Practices. Gartner. https://www.gartner.com/doc/reprints?id=1-44V5X6Y&ct=180325&st=sb
    3. Inamdar, N. Data Protection Officer: Role and Responsibilities. International Journal of Computer Science & Information Technology. Vol. 9, No. 2, 2017. https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.726.2479&rep=rep1&type=pdf
    4. Managing Data Subject Rights Under the GDPR. Forrester. https://www.forrester.com/report/Managing+Data+Subject+Rights+Under+The+GDPR/-/E-RES144826

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