Most business people
understand economies of scale: the more products or services you
provide, the lower the per-unit cost usually becomes. But what
about economies of scope, or of learning? In data governance, those
concepts can provide great value: An economy of scope is when the
production of one good reduces the cost of producing another
related good. An economy of learning is when the know-how gained
through experience can help produce a greater cumulative amount of
the same product.
How does this all work? Register for this DM Radio Virtual Summit
to find out! This two-hour event begins with a 30-minute keynote
presented by Sarang Bapat, Director of Data Governance for
Mitsubishi Electric Trane USA. He'll be joined by another data
governance guru, Michael Baraz, who built programs for the
Walgreens Boots Alliance, and AXIS Capital. A full DM Radio episode
will run from 3-4 ET.