Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SUMMARY: Summarize the case. Identify the main point (as in What's your point?), thesis, or conclusion of this case. SOURCES: Include citations on the slides

image text in transcribed

SUMMARY: Summarize the case. Identify the main point (as in "What's your point?"), thesis, or conclusion of this case. SOURCES: Include citations on the slides with your sources. Use APA style citations and references

image text in transcribed Better Data Management Helps the Toronto Globe and Mail Reach Its Customers Have you ever received a new subscription offer from a newspaper or magazine to which you already subscribed? In addition to being an annoyance, sending a superfluous offer to customers increases marketing costs. So why is this happening? The answer is probably because of poor data management. The newspaper most likely was unable to match its existing subscriber list, which it maintained in one place, with another file containing its list of marketing prospects. The Globe and Mail, based in Toronto, Canada, was one of those publications that had these problems. In print for 167 years, it is Canada's largest newspaper, with a cumulative six-day readership of nearly 3.3 million. The paper has a very ambitious marketing program, viewing every Canadian household that does not already subscribe as a prospect. But it has had trouble housing and managing the data on these prospects. Running a major newspaper requires managing huge amounts of data, including circulation data, advertising revenue data, marketing prospect and \"do not contact\" data, and data on logistics and deliveries. Add to that the data required to run any business, including finance and human resources data. For many years The Globe and Mail housed much of its data in a mainframe system where the data were not easy to access and analyze. If users needed any information, they had to extract the data from the mainframe and bring it to one of a number of local databases for analysis, including those maintained in Microsoft Access, Foxbase Pro, and Microsoft Excel. This practice created numerous pockets of data maintained in isolated databases for specific purposes but no central repository where the most up-todate data could be accessed from a single place. With data scattered in so many different systems throughout the company, it was very difficult to cross-reference subscribers with prospects when developing the mailing list for a marketing campaign. There were also security issues: The Globe and Mail collects and stores customer payment information, and housing this confidential data in multiple places makes it more difficult to ensure that proper data security controls are in place. In 2002, the newspaper began addressing these problems by implementing a SAP enterprise system with a SAP NetWeaver BW data warehouse that would contain all of the company's data from its various data sources in a single location where the data could be easily accessed and analyzed by business users. The first data to populate the data warehouse was advertising sales data, which is a major source of revenue. In 2007, The Globe and Mail added circulation data to the warehouse, including delivery data details such as how much time is left on a customer's subscription and data on marketing prospects from third-party sources. Data on prospects were added to the warehouse as well. With all these data in a single place, the paper can easily match prospect and customer data to avoid targeting existing customers with subscription promotions. It can also match the data to \"do not contact\" and delivery area data to determine if a newspaper can be delivered or whether a customer should be targeted with a promotion for a digital subscription. Despite the obvious benefits of the new data warehouse, not all of The Globe and Mail's business users immediately came on board. People who were used to extracting data from the mainframe system and manipulating it in their own local databases or file continued to do the same thing after the data warehouse went live. They did not understand the concept of a data warehouse or the need to work towards enterprise-wide data management. The Globe and Mail's management decided to tackle this new problem by educating its users, especially its marketing professionals, with the value of having all the organization's data in a data warehouse and the tools available for accessing and analyzing these data. The Globe and Mail's new data analysis capabilities produced savings from efficiencies and streamlined processes that paid for the investment in one year. Marketing campaigns that previously took two weeks to complete now only take one day. The newspaper can determine its saturation rates in a given area to guide its marketing plans. And there are fewer complaints from subscribers and potential subscribers about being contacted unnecessarily. To capitalize further on data management and analytics, The Globe and Mail turned to the cloud. A key business goal for the company was to beef up online content and increase the paper's digital subscriber base. The Globe and Mail devoted more resources to digital online content, with different subscription rates for online-only customers and print customers. To aggressively court digital subscribers, The Globe and Mail had to mine its clickstream data logging user actions on the Web to target potential digital subscribers based not only on their specific interests but also their interests on a particular day. The volume of data was too large to be handled by the company's conventional Oracle database. The solution was to use SAP HANA ONE in-memory computing software running on the Amazon Web Services cloud computing platform, which accelerates data analysis and processing by storing data in the computer's main memory (RAM) rather than on external storage devices. This cloud solution lets The Globe and Mail pay for only what capabilities it uses on an hourly basis. Sources: www.theglobeandmail.com, accessed March 1, 2014; \"The Globe and Mail Uses SAP HANA in the Cloud to row Its Digital Audience,\" SAP Insider Profiles, April 1, 2013; and David Hannon, \"Spread the News,\" SAP Insider Profiles, October-December 2012. 1 Running head: DATA MANAGEMENT ISSUES Data Management Issues Student's Name Institution 2 DATA MANAGEMENT ISSUES Data Management Issues Challenges The impacts of the data management systems which were used by the company were first concurrent sending customers the same information about the company ads and other related information. Instead of only sending only a single message the system was sometimes sending multiple messages which contained the same information. (Hoschek, 2010) With this in mind, it was a problem to the customers as they failed to understand the company. Second, the cost of sending these multiple messages was escalating which meant that the company was undergoing huge loss from the process of sending multiple and uncoordinated messages to the customers. (Hoschek, 2010) The second problem was the information bulkiness in one system. It was a bureaucratic move which the company was undergoing. If any person wanted any information from the system, he or she was required first to get the information with an external component. After getting the information from the mainframe then it was the time to go and use an external database to manipulate the data. The whole process was tedious and also time-consuming. It was wasting employee's time as they run up and down the company trying to source the information which they wanted which was tiresome. (Bjorn-Andersen, 2012) Solutions As a business, the way forward was to invest in a better system that would be used in the process of differentiating the information which was stored in the mainframe. It was the duty of the organization to make sure that they invested in a system that would be able to produce the expected results. The new system would make the company utilize multiple databases and also 3 DATA MANAGEMENT ISSUES software's which would be used in the process of differentiating the information. It would have created the element of consistency and value by reducing the overall concentration of information in one area. (Norris, 2009). Second is the technical staffs who would be required to advise the company on the best system software that was on the market that would be used in the process of separating the information. After the staffs get the right system, it was their role or engage the management in the procurement process and other ways they would be tasked with installing the new system. (Merriam, 2010). One thing that remains clear is the fact that without the technical support then the management would not be in the position of identifying the best system or identifying the problems which were facing the organization. It is the duty of the technical staffs to oversee that these components and systems were introduced into the organization. (Spencer, 2015). 4 DATA MANAGEMENT ISSUES References Bjorn-Andersen, N., Eason, K., & Robey, D. (2012). Managing computer impact: An international study of management and organizations. Intellect Books. Hoschek, W.Jaen-Martinez, J., Samar, A., Stockinger, H., & Stockinger, K. (2010). Data management in an international data grid project. Grid Computing-GRID 2000, 333-361. Merriam, S. B. (2010). Qualitative Research and Case Study Applications in Education. Revised and Expanded from" Case Study Research in Education.\" Jossey-Bass Publishers, 350 Sansome St, San Francisco, CA 94104. Norris, P. (2009). Digital divide: Civic engagement, information poverty, and the Internet worldwide. Cambridge University Press. Spencer, L. M. (2015). Reengineering Human Resources: Achieving Radical Increases in Service Quality-with 50% to 90% Cost and Head Count Reductions. John Wiley & Sons

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting IFRS

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

3rd edition

1119372933, 978-1119372936

More Books

Students also viewed these Accounting questions

Question

Differentiate tan(7x+9x-2.5)

Answered: 1 week ago

Question

Explain the sources of recruitment.

Answered: 1 week ago

Question

Differentiate sin(5x+2)

Answered: 1 week ago

Question

Compute the derivative f(x)=1/ax+bx

Answered: 1 week ago