BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Talks.cam//talks.cam.ac.uk// X-WR-CALNAME:Talks.cam BEGIN:VEVENT SUMMARY:Free webinar - Total information risk management - making the busi ness case for data quality programmes - Speaker to be confirmed DTSTART:20141010T090000Z DTEND:20141010T094500Z UID:TALK51961@talks.cam.ac.uk CONTACT:Lauren King DESCRIPTION:Overview\nData is key to the daily operations of all organisat ions and we are increasingly dependent on – and trusting of – that dat a. The information we get from databases and information feeds is used at all levels of business to make decisions.\n \nBut what happens when we bas e those decisions on poor quality data?\nUtility companies with poor asset data provide poor quality service\, incur additional costs and suffer fro m customer churn\nRetail organisations with poor inventory data or supplie r database errors risk stock-outs\, lost sales\, customer dissatisfaction and loss of customers to competitors.\nIntuitively\, we understand the imp act of poor quality data. But how do we do prioritise projects to improve that data? And how do we quantify the value of that data to build the bus iness case for data quality improvement programmes?\n \nTotal Information Risk Management (TIRM) applies accepted risk management techniques to data and information. It enables organisations to quantify the risks associate d with poor data and to make the business case for IT programmes to addres s data quality issues.\n \nDuring this webinar\, researchers and practitio ners from the Institute for Manufacturing will explain the need for formal risk management processes to address information quality risks. They will outline the concept of TIRM\, discuss case studies which demonstrate its successful application in asset-rich organisations and take questions from participants. LOCATION:https://ifmevents2.webex.com/mw0401l/mywebex/default.do?nomenu=tr ue&\;siteurl=ifmevents2&\;service=6&\;rnd=0.4185021181178492&\ ;main_url=https%3A%2F%2Fifmevents2.webex.com%2Fec0701l%2Feventcenter%2Feve nt%2FeventAction.do%3FtheAction%3Ddetail%26con END:VEVENT END:VCALENDAR