Gartner Research

Five Ways to Ensure Your Taxonomy Initiative Yields the Desired Cost Savings

Published: 16 August 2013

ID: G00253151

Analyst(s): Hanns Koehler-Kruener , Gavin Tay


Implementing taxonomies to control and navigate information assets is extremely hard, but the Australian Government's Standard Business Reporting program has succeeded and is set to save firms A$500 million annually. IT leaders who maintain information structures will benefit from SBR's experience.

Table Of Contents
  • Key Challenges



  • Identify Pain Points, Projected Benefits and KPIs
  • Select and Engage Stakeholders Early On
  • Start Small and Grow Incrementally
  • Measure Outcomes Accurately and Communicate Results
  • Learn From What Others Have Done

Case Study

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