Best Practices for Successful Data Governance
Enterprises are increasingly becoming data-driven organizations, as they produce, process and manage very large amounts of data in order to optimize their business and managerial decision-making processes. Data governance is a key element of the competitiveness and productivity of any data-driven enterprise. In particular, data governance deals with the full range of processes that access, manage, process, use, improve, secure and protect data within an organization, including the ever important practices of complying with laws, regulations and standards. Complementing these processes the data governance framework defines the stakeholders involved in data governance, their roles and responsibilities, along with the exact governance processes that they should follow, including concrete KPIs (Key Performance Indicators) for measuring them.
The following infographic describes six best practices for establishing a successful and effective data governance framework including:
The development of a data governance framework should be seen as a strategic decision that will impact the entire organization, as almost all business units and departments are directly or indirectly involved in the production and processing of enterprise datasets. Hence, its development requires the commitment of key stakeholders in an organization, including the senior management. This commitment will pay-off as effective data governance is a key to maximizing value for money on data operations, while avoiding regulatory risks.
Do you have a data governance framework in place? If not, it is probably time you starting developing it. If yes, remember that there is always room for improving it and aligning it better to your business processes.
Read More: Why data governance is essential to CIO success
CIOs in 2021: New Mindsets, Cultures and Leadership Rules
Top Strategic Priorities for CIOs in 2021
Seven Ways COVID19 has Changed the CIO Role
Guidelines for Effective Risk Management in the Digital Era
Seven Guidelines for Transforming Your IT Department in 2020
API Management: A Powerful Tool for Creating Business Value
Hyperautomation: The Basics you need to Know
Outsourcing: How to Pick the Right Partner and Location
Digital Twins: A Vehicle for Safer, Trusted and More Efficient Industrial Processes
Surviving Cybercrime in 2021: Guidelines for Effective Cybersecurity Investments
We're here to help!
No obligation quotes in 48 hours. Teams setup within 2 weeks.
If you are a Service Provider looking to register, please fill out this Information Request and someone will get in touch.
Outsource with Confidence to high quality Service Providers.
If you are a Service Provider looking to register, please fill out
this Information Request and someone will get in
Enter your email id and we'll send a link to reset your password to the address
we have for your account.
The IT Exchange service provider network is exclusive and by-invite. There is
no cost to get on-board;
if you are competent in your areas of focus, then you are welcome. As a part of this exclusive