Are your execs like mine - always harping on ROI? Not willing to make exceptions
for boundary-spanning efforts like Data Governance? Maybe it's time to open their minds to new definitions for ROI beyond "Return on Investment."
Here are some alternate definitions we at the Data Governance Institute have heard over the years. Do you have some more? I'd love it if you'd send them to me at email@example.com.
Definitions for ROI
Return on Investment
Risk of Incarceration
Risk of Inaction
Risk of Investment Loss
Risk of Internal Control Deficiency
Risk of (Contractual) Infraction
Reaction of Investors
Risk of Inefficiencies
Risk of Ineffectual Data Practices
Risk of Impossible Odds of Succeeding With Planned Data-Related Projects
Risk of Individual Executives Being Fired Because They Couldn't Follow Through on Their Promises to Realize Value or Manage Cost/Complexity
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