Exemplifying Business Opportunities for Improving Data Quality From Corporate Household Research

Stuart Madnick, Richard Wang, Krishna Chettayar, Frank Dravis, James Funk, Raïssa Katz-Haas, Cindy Lee, Yang Lee, Xiang Xian and Sumit Bhansali

No 4481-04, Working papers from Massachusetts Institute of Technology (MIT), Sloan School of Management

Abstract: Corporate household (CHH) refers to the organizational information about the structure within the corporation and a variety of inter-organizational relationships. Knowledge derived from this data is becoming increasingly important for improving data quality in applications, such as Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), risk management, and sales and market promotion. Extending the concepts from our previous CHH research, we exemplify in this paper the importance of improved corporate household knowledge and processing in various business application areas. Additionally, we provide examples of CHH business rules that are often implicit and fragmented - understood and practiced by different domain experts across functional areas of the firm. This paper is intended to form a foundation for further research to systematically investigate, capture, and build a body of corporate householding knowledge across diverse business applications.

Keywords: Corporate Householding; Data Quality; Organizational Structures; Interdependence; Name Matching; Entity Aggregation; Information Quality; Account Consolidation; Conflict of Interest; Risk Management; Customer Relationship Management (CRM); Supply Chain Management (SCM); Regulation and Disclosure (search for similar items in EconPapers)
Date: 2004-12-10
New Economics Papers: this item is included in nep-bec and nep-rmg
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Citations: View citations in EconPapers (1)

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