Further research by Cambridge
University, commissioned by KPMG,
indicates that as much 50 percent
of management do not trust the
information presented to them.
This is due in large part to the use
made of the information as well as the
governance models deployed around
it. In many organisations there is
inconsistent ownership and application
of definitions and standards. Many
global companies are finding that
communication regarding standards
is misinterpreted, which makes
like-for-like comparison difficult, if not
impossible. Further challenges are
that the information is not produced
through a trusted channel and much
manipulation of data is required.
Organisations that have solved
this problem are able to significantly
reduce the cost of information delivery,
speed of production and improve the
usability (reference – KPMG report
2009: Does your business intelligence
tell you the whole story?).