Data Is a Strategic Asset
Proper governance transforms data from liability to competitive advantage.
Governance Framework
Policies define rules and standards. Procedures describe execution. Roles assign responsibilities. Metrics measure effectiveness.
Data Quality
Accuracy ensures correctness. Completeness means no missing values. Consistency across systems. Timeliness for current decisions.
Data Catalog
Inventory of data assets. Metadata describes content and context. Lineage tracks data flow. Search enables discovery.
Master Data Management
Single source of truth for critical data. Customer master unifies profiles. Product master ensures consistency. Reference data standards.
Data Ownership
Business owners accountable for data quality. Technical owners manage systems. Stewardship handles day-to-day management. Clear escalation paths.
Data Lifecycle
Creation and capture. Storage and processing. Usage and sharing. Archival and deletion.
Access Management
Role-based access controls. Need-to-know principles. Regular access reviews. Privileged access monitoring.
Compliance Integration
Regulatory requirements mapped to controls. Audit trails for accountability. Reporting for oversight. Evidence for auditors.
Tools and Technology
Data catalogs like Collibra or Alation. Quality tools for monitoring. MDM platforms for consolidation. Metadata management systems.
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