This could result in an improperly designed application. The DAMA Symposium conference offers many opportunities to ponder the role of data and business rules in your organization. The Antiques Road Show as an analogy. People bring their possessions to the show without any real knowledge of what they actually have. An expert examines the objects and learns as much as possible about its history from the owner.
Data needs to be treated the same way.
Not all data is valuable, but some is worth a fortune and knowing this is essential to preserving that value. Back to the Antiques Road Show analogy again, the information captured during the conversation between the owner and the expert is the meta data. Anne Marie Smith described the objective of Information Resource Management as planning, documenting, managing and controlling the information resources of an organization. Key components of this function are data administration, database administration, and data warehouse administration. Tom Yancheck believes there is a need to standardize the way business rules are captured and that the rules should be documented using automated tools.