Premier Farnell, Plc Transforming our Information Management Strategy at Premier Farnell Michelle Teufel, Global Director of Information Management July 2nd, 2015 © 2014 IBM Corporation 2 Premier Farnell, Plc Outline • The recent data explosion is driving the need to derive more from this valuable and growing asset, along with conformance to growing global regulatory requirements. • The flexible nature of data combined with emerging Cloud solutions available to end users presents a significant challenge to support these competing needs in a manner that is consistent, trusted, secure, and accessible. • We must somehow ensure the balance of value extraction and effective governance whilst remaining agile and responsive to evolve with the business strategy • In this session, attendees will understand the importance of having an Information Management strategy and to ensure it is aligned to business drivers, stakeholders, processes and governance frameworks in ensuring value delivery to the organisation • The Rubik’s cube of Information Management. 3 Premier Farnell, Plc Background and Context Premier Farnell, Plc Background • Founded in 1939, London Stock Exchange (LSE:PFL) in 1966 • Supported over 4 ERPs, 3 WMS, 2 PIMs, 2 Primary CRM, 2 Ecomm Platform, various ancilliary support systems Premier Farnell, Plc Capability vs Need NSA leak Security Breaches Banking Scandals Emergence of predictive analytics Data increasing Access increasing Emergence of Big Data Need Capability Awareness Increased awareness of Information Security European regulations evolving Relaunch of website Integration with Catalog MCSS Data 2010 First attempt formalising Data Mgmt 2009 2001 Adhoc Data Governance No Standardisation 2003 Product Data Standardised Governance Introduced Technology Roadmap defined 2013 2014 2012 2011 Restructure of IM Organisation & Strategy Business cloud solutions growing 2015 Need for increased analytics / standardisation Compliance Premier Farnell, Plc We needed Premier Farnell, Plc A Vision and A Strategy Premier Farnell, Plc Alignment • First – alignment to the BUSINESS Strategy • What did the business want ? – To be the trusted source of expert information for our customers and suppliers – To provide a seamless customer experience – To being to make faster, more accurate decisions – To meet our compliance obligations Premier Farnell, Plc Community, Ecomm, Product, Customer, Pricing, Transactions IM Vision – Information Value Chain MDM, CRM, ERP Integration with External systems / data Integration of siloed data sources/ops Systems Standardisation BI Rationalisation & Governance Information access BIG Data Exploratory / Dynamic Analysis BI Centralisation Standards, Access Controls, Policies, Procedures Data Quality & Security Systems Standisation (MDM,CRM,ERP) BI / Data Warehouse/Meta Data Management (Accessiblity) Data Governance & Info Security (Security, Quality) Efficiency / Security / Quality Increased Insight Lead Lists, Services, etc Integrate and Collaborate Premier Farnell, Plc IM Business IT Premier Farnell, Plc Our Vision Data and information are valuable enterprise assets and can provide competitive advantage Good Data + technology = Faster, Better Decisions Premier Farnell, Plc A Plan to Implement & Manage Premier Farnell, Plc Big Vision = Big Gaps Premier Farnell, Plc A moving feast • Determine what is required to address the limitations of the business • Balance of tactical, strategic, and compliance needs • Support IT deliverables IM Roadmap Premier Farnell, Plc Alignment with Broader Strategy FY15 FY16 FY17 New Web Platform PCI Compliance Data Xfer / Privacy Compliance Product Data Improvement Projects & PIM Upgrade Meta Data Management Data Quality tools CDM/ Foundational Analysis (MDM Phase I) Customer Hub MDM Phase II Hyperion + 3 Phases Addt’l Core Systems Migration Business Intelligence Governance Reporting BI Migration / SS BI Tools & database consolidation Process changes Premier Farnell, Plc A Structure and Team To Deliver Premier Farnell, Plc Credibility & Legitimacy Organisation Structure Fit for Purpose Sponsorship C-Level Leadership Critical Business Knowledge & Trust Match structure to Vision NOT To Tools Premier Farnell, Plc Total Headcount = 162 Global Head of Info Management Head of Data Gov Head of Info Sec Security, Quality, Integrity Head of Product Data Head of Customer Data Data Operations Info Ops Mgmt PMO & Comms Head of BI Shared Services Manager – R&A $ Value Extraction £ Premier Farnell, Plc Capacity & Skills • Right People • In the right roles • In the right structure Premier Farnell, Plc Lead Lists, Services, etc Community, Ecomm, Product, Customer, Pricing, Transactions MDM, CRM, ERP Integration with External systems / data Integration of siloed data sources/ops BI Rationalisati on & Governance Systems Standardisation Information access BIG Data Exploratory / Dynamic Analysis BI Centralisation Standards, Access Controls, Policies, Procedures Data Quality & Security Systems Standisation (MDM,CRM,ERP) BI / Data Warehouse/Meta Data Management (Accessiblity) Data Governance & Info Security (Security, Quality) Efficiency / Security / Quality Increased Insight IM Vision – Information Value Chain Premier Farnell, Plc The Journey Began Premier Farnell, Plc Turning a plan into a desire • Winning Hearts and Minds Business & IT Buy-In Premier Farnell, Plc Lead Lists, Services, etc Community, Ecomm, Product, Customer, Pricing, Transactions IM Vision – Information Value Chain MDM, CRM, ERP Integration with External systems / data Integration of siloed data sources/ops BI Rationalisati on & Governance Systems Standardisation Information access BIG Data Exploratory / Dynamic Analysis BI Centralisation Standards, Access Controls, Policies, Procedures Data Quality & Security Systems Standisation (MDM,CRM,ERP) BI / Data Warehouse/Meta Data Management (Accessiblity) Data Governance & Info Security (Security, Quality) Efficiency / Security / Quality Increased Insight Premier Farnell, Plc Premier Farnell, Plc New Function Formalised Information Management is a business function that underpins our future success and delivery of our business strategy Successful Information Management will enable the business – not constraint it Premier Farnell, Plc Communication IM Strategy pre-recorded Webex Data Champion Forums Quarterly What is MetaData? pre-recorded Webex What is MDM? pre-recorded Webex IM Jargon Buster Communicate and Educate Format On Demand On Demand Date 7th Sept 7th Sept On Demand Oct On Demand Nov On Demand Channel / Audience Transformation eNews Key Message Announce IM intranet All employees QUIZ? – complete after viewing. Win iCan points? Targetted distribution to functional/regional teams who have received roadshow to continue education Ongoing program updates, policy updates, deep dives guest presenters on data use Transformation eNews All employees Transformation eNews All employees QUIZ? – complete after viewing. Win iCan points? Overview of the program, business benefits IM terminology TBC Wikipage IM Roadshows Live Ongoing All functional/regional teams individually IM Newsletter Push Quarterly Email & Intranet --work in with existing abbreviation page – TBC Tailored message to each audience, varying on level of impact by IM program. Update on progress, external trends, internal strategic updates Premier Farnell, Plc Stakeholder Management Premier Farnell, Plc Increased Centralisation of reporting What we achieved? Good Business Buy-in & Participation New Roles Completion of key milestones Cost Savings Increased Awareness Collaboration with IT & Bus New Tools 27 Premier Farnell, Plc Evolution • Great progress in laying our foundations, but still met with resistance in pockets, but then..... • TOM Arrived 28 Premier Farnell, Plc • 2015 The business strategy evolved with a new Target Operating Model – From Regional to Global • The timing and opportunity couldn’t have been better Evolution Premier Farnell, Plc IM Operating Model IM Vision: To provide the Right Information to the Right People at the Right time in line with the business strategy Globalise, standarise and Secure Op Model: FUNCTION Premier Farnell, Plc The Team 31 Premier Farnell, Plc The Impact of TOM • Our Stakeholders Changed • A realisation that DATA is FOUNDATIONAL • IM Strategy Validated with an understanding of the need for – Meta Data Management – Master Data Management – Centralised / Globalised DW • And need to co-develop an Insight Strategy Premier Farnell, Plc Formally planned into full IT Strategic Recommendation as a business function Slide 32 Premier Farnell, Plc And, the journey continues 34 Premier Farnell, Plc • Establish a clear vision and execution plan • Focus on the capability NOT the tools • Plan, manage, and push communication • Proactively manage your stakeholders • Deliver quick wins whenever possible • Drive cross functional collaboration • Remain Agile Premier Farnell, Plc