Abstract

http://ssrn.com/abstract=529723
 
 

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Exemplifying Business Opportunities for Improving Data Quality from Corporate Household Research


Stuart Madnick


Massachusetts Institute of Technology (MIT) - Sloan School of Management

Richard Y. Wang


Massachusetts Institute of Technology (MIT)

Krishna Chettayar


Independent

Frank Dravis


Firstlogic Inc.

James Funk


Independent

Raïssa Katz-Haas


Independent

Cindy Lee


Massachusetts Institute of Technology (MIT)

Yang Lee


Massachusetts Institute of Technology (MIT); Northeastern University - Management Information Systems Area

Xiang Xian


Massachusetts Institute of Technology (MIT) - Department of Electrical Engineering

Sumit Bhansali


Massachusetts Institute of Technology (MIT)

February 2004

MIT Sloan Working Paper No. 4481-04; CISL Working Paper No. 2004-03

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.

Number of Pages in PDF File: 20

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

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Date posted: April 27, 2004  

Suggested Citation

Madnick, Stuart and Wang, Richard Y. and Chettayar, Krishna and Dravis, Frank and Funk, James and Katz-Haas, Raïssa and Lee, Cindy and Lee, Yang and Xian, Xiang and Bhansali, Sumit, Exemplifying Business Opportunities for Improving Data Quality from Corporate Household Research (February 2004). MIT Sloan Working Paper No. 4481-04; CISL Working Paper No. 2004-03. Available at SSRN: http://ssrn.com/abstract=529723 or http://dx.doi.org/10.2139/ssrn.529723

Contact Information

Stuart E. Madnick (Contact Author)
Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )
E53-321
Cambridge, MA 02142
United States
617-253-6671 (Phone)
617-253-3321 (Fax)
Richard Y. Wang
Massachusetts Institute of Technology (MIT) ( email )
E53-317
Cambridge, MA 02139
United States
617-253-0442 (Phone)
617-253-3321 (Fax)
Krishna Chettayar
Independent ( email )
No Address Available
Frank Dravis
Firstlogic Inc. ( email )
100 Harborview Plaza
La Crosse, WI 54601-4071
United States
James Funk
Independent ( email )
No Address Available
Raïssa Katz-Haas
Independent ( email )
No Address Available
Cindy Lee
Massachusetts Institute of Technology (MIT) ( email )
50 Memorial Drive
Cambridge, MA 02139-4307
United States
Yang Lee
Massachusetts Institute of Technology (MIT) ( email )
50 Memorial Drive
Cambridge, MA 02139-4307
United States
Northeastern University - Management Information Systems Area ( email )
Boston, MA 02115
United States

Xiang Xian
Massachusetts Institute of Technology (MIT) - Department of Electrical Engineering ( email )
50 Memorial Drive
Cambridge, MA 02139-4307
United States
Sumit Bhansali
Massachusetts Institute of Technology (MIT) ( email )
50 Memorial Drive
Cambridge, MA 02139-4307
United States
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References:  20
Citations:  7

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