New Data Warehouse Strategies Drive Performance

Are you wondering why your data warehouse failed? After all, you knew the warehouse was necessary to improve market research, sales force automation and customer relationship management initiatives; yet you rolled out the new data warehouse and it failed in its earliest stages. Now you don't even have time to make amends because you're spending all your time trying to understand why it failed in the first place. What happened?

Examples of failed data warehouse initiatives such as this are all too common in today's business environment. Every year companies spend thousands of hours and millions of dollars in developing data warehouses. However, these plans will certainly go awry if companies fail to realize the pitfalls inherent in implementing a new data warehouse. While data warehouse failures plague many companies, a cadre of leading companies have pioneered innovative techniques to create data warehouses that support real business needs. A new study released by Best Practices, LLC highlights the practices used by leading companies to optimize returns on their data warehouse investments.

"Creating Business Value Through Data Warehousing Systems" draws upon the insights of 13 companies including 3M, Johnson & Johnson, and GlaxoWellcome. Among the topics covered in this study:

• Providing adequate planning and resources to ensure the data warehouse meets corporate needs
• Evaluating ongoing system performance to ensure that the organization is realizing maximum benefit.
• Building executive buy-in to reinforce a cultural shift towards information sharing.
• Cultivating employee participation in data sharing to ensure company-wide impact.
• Selecting and prioritizing system features and updates to maximize warehouse value.

For more information on "Creating Business Value Through Data Warehousing Systems," please contact Adam Bianchi at 919-403-0251 x230 or abianchi@best-in-class.com . This report can be purchased directly by visiting www.benchmarkingreports.com/knowledgemanagement/.

About Best Practices LLC

Located in Chapel Hill, NC, Best Practices provides clients with access and intelligence for achieving world-class excellence. The firm's work is based on the simple yet profound principle that organizations can attain superior economic performance by studying and implementing the best business practices, operating tactics, and winning strategies of excellent companies. Serving diverse sectors worldwide, Best Practices' industry specializations include pharmaceuticals, financial services, telecommunications, media, and utilities. For more information about Best Practices LLC, call 919-403-0251 or visit the corporate Website at www.best-in-class.com/.