Guide to Data Governance

Wavicle

Language: English

Published: Dec 22, 2022

Description:

Data governance might not be as compelling or exciting as a new product or service launch, but it is foundational for business success and should not be ignored. That’s because data governance plays an important role in defining and implementing data ownership, decision making, accountability, quality, security, regulatory compliance, and privacy across an organization’s data landscape.

Data governance has become increasingly important as organizations expand the volumes and types of data they use to make critical decisions about costs, operations, product and service development, and much more.

A data governance program establishes guidance for how data is stored, used, and secured. It establishes a framework for assigning roles and responsibilities to ensure accuracy and trustworthiness of the enterprise data (data quality). It is responsible for the creation and enforcement of policies and procedures for managing, securing, and accessing the data. It ensures the entire organization is on the same page in terms of managing this very important organizational (business and technology) asset.

In this guide, we will provide practical guidance and advice for your data governance program, based on years of experience providing data and analytics consulting services for Fortune 500 companies and other large enterprises.