The siloed approach to data governance continues to haunt organizations because it is often confused with compliance. Good governance should enable an organization to move forward, not slow them down. Government News out of Australia brought this topic to our attention in their article, “Building foundations for good data governance.”
All organizations need to plan how they use data so that it’s handled consistently throughout the business and effectively supports business outcomes. Data governance is all about how you handle the data collected within your business.
Data governance is a set of principles and practices that ensure high quality through the complete life cycle of your data. When it comes to making decisions, accountability is important, and there needs to be an awareness of who is making the decisions. When it comes to transparency, it’s necessary to ensure that decisions are justifiable and that organizations can prove where money is being spent.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.