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Home / Blog / Non classé / blog en / Governance in an external environnement growth

Governance in an external environnement growth

Governance in an external environment growth

Large companies achieve external growth by taking over companies in Europe and around the world. We are witnessing major mergers in insurance and mutuals, in industry and services

Each company has its own information to define its businesses (about 1000 pieces of information in an ETI and between 2000 and 3000 in data-sensitive sectors such as banking and insurance). This information is often not described and subject to the interpretation of business users

The success of the integration depends on having a common repository to explain your job and a common language so as not to lose the subtleties of language

Common language is key to success. This makes it possible to share the information, indicators and KPIs necessary for management. You have to succeed in visualizing the 2 original information repositories (Business Glossary) and work to reconcile them in a common business repository

If the merger is carried out between 2 companies of different nationalities, we add the constraint of the loss of subtlety in the description of information and the misinterpretations and the choice of the language of communication (example of Franco-German merger in the industry with a shared language: English!)

Meta Analysis allows you to tackle this challenge with:

The concept of security domains: everyone can keep their specific domain and enrich a common domain which will become the basis for sharing information
Native multilingualism which makes it possible to have the Business Glossary (business information) in as many languages ​​as there are countries in the group

This solid and shared base of business information will allow integration into the group information system

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