MDM practices for privacy and personal data protection

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To give you a little background, before talking about MDM practices for privacy and personal data protection, we need to say what Master Data Management is.

Aug 10, 2018
Whenever we talk about MDM practices, we are referring to Master Data Management. To give you a bit of context, before talking about MDM practices for privacy and personal data protection, we have to say that Master Data Management is a method through which a company or organization can relate all the important data found within its system to a single master file . Mainly, the data handled in this sense are those related to privacy and personal data protection.


Therefore, it must be said that an MDM is a set not only of methods, but also of processes and tools, which are absolutely necessary to be able to create and maintain over time those master data that are so viber database for a company or entity. That is, thanks to the MDM we create a single true base, a fact that favors the improvement of business processes within an organization . Master data can be of all kinds, either simple and easy to understand or those in which the treatment that must be done of them is much more complex.



MDM: How to create a single view of the customer, improve the customer experience thanks to the management of your master data


How to implement MDM successfully?
There are certain tips that can be taken into account when implementing MDM processes more successfully, thus providing better results for our business. Before implementing MDM, it is extremely important to plan how our evaluation will be , which should last at least three months. The ideal in these cases is to prepare a small pilot project, always making use of real data that the clients themselves can provide us with. It is essential to leave enough time to carry out this practice.

Even if you have a well-defined objective and a broad vision, it is important to go step by step and implement MDM in the company progressively . The final goal is to get all the data we need. However, to do so we must go little by little until we reach the objective we have set. In addition, when we implement an MDM it is essential that the entire company is involved in the process, not just the managers or the IT staff. Everyone must support the project and help to get it up and running. We will also have to define consistent data policies to save time and money. Another important issue is to be able to establish a transition plan. We must remember that MDM can impact many processes and systems within a company, so it is essential to have a transition plan to be able to establish a synchronization of all data.