Join Jonathan Reichental for an in-depth discussion in this video When does an organization need data governance?, part of Introduction to Data Governance.
- So far we've discussed the background and motivation…for data governance, some of its principles,…and several of its core focus areas.…What we haven't yet touched on…is how you determine whether your organization…needs data governance.…Answering this question relies heavily…on your organization's assessment of the degree…in which it considers data to be a valuable asset.…Put another way, how important is data right now…to the success of the organization?…I'll propose two lenses in which to explore this question,…competitive advantage and compliance.…
Let's first look at competitive advantage.…For many organizations managing data is simply a function…of being in existence.…Every organization collects data and uses it in some form.…We have lists of customers and members,…we keep inventory data and updated price lists.…It's just the basic foundation of operations…in the 21st century.…Depending on what your organization does though…some of that data may provide a competitive advantage.…That is, by leveraging the insights in the data you collect,…
Here Dr. Jonathan Reichental explains how to begin to implement a data governance program within any organization. Learn the components of data governance, its strategic value, the roles and responsibilities of stakeholders, and the overall steps that an organization needs to take to manage, monitor, and measure the program. Plus, get guidance on a set of next steps for building skills. As the data science domain grows, so does the demand for data governance expertise. Start here for your first look at this in-demand skill.
- What is data governance?
- Why do organizations need data governance?
- Who owns the data?
- Designing the data governance process
- Managing, maintaining, monitoring, and measuring your program