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What is Data Governance and Why is it Critical for your Organization?
Manage episode 372398267 series 2910096
Key Takeaways:
- The NEED: Data governance programs exist to manage change in data assets overtime.
- The WHAT: Data is an intangible asset that is constantly evolving and has a host of characteristics that make it difficult to manage compared to traditional assets.
- THE WAKE-UP CALL: When surveyed, 95% of respondents felt data governance programs were unsuccessful.
- The PITFALLS: Poor data governance stems from: poor data quality, lack of enforcement of policies and procedures; and data security and privacy practice that don’t evolve with hacker sophistication.
- The HOW:
- Board directors should be asking corporate management the following:
- Does the company have a data governance program?
- Is the data governance program working? How do you know?
- What assistance does the data governance program need from the board?
- Directors should encourage management to decompose data governance problems into smaller initiatives and ask for stratification of data governance decision-making so that people at the right level are making decisions about data.
Resources:
79 bölüm
Manage episode 372398267 series 2910096
Key Takeaways:
- The NEED: Data governance programs exist to manage change in data assets overtime.
- The WHAT: Data is an intangible asset that is constantly evolving and has a host of characteristics that make it difficult to manage compared to traditional assets.
- THE WAKE-UP CALL: When surveyed, 95% of respondents felt data governance programs were unsuccessful.
- The PITFALLS: Poor data governance stems from: poor data quality, lack of enforcement of policies and procedures; and data security and privacy practice that don’t evolve with hacker sophistication.
- The HOW:
- Board directors should be asking corporate management the following:
- Does the company have a data governance program?
- Is the data governance program working? How do you know?
- What assistance does the data governance program need from the board?
- Directors should encourage management to decompose data governance problems into smaller initiatives and ask for stratification of data governance decision-making so that people at the right level are making decisions about data.
Resources:
79 bölüm
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