Data is the new commodity that everyone’s betting will drive the next phase of growth across industries. This being the case, organizations are defining new roles and responsibilities within their current setups to ensure effective data governance. One such key role is that of a data steward.
On May 25, 2018, the EU’s General Data Privacy Regulation (GDPR) came into effect, creating a ripple effect with far-reaching consequences. How are other lawmakers responding to it? Is the GDPR the gold standard upon which data privacy laws everywhere can be based?
Why we need a business-focused rather than an IT-focused approach
to data governance.
Data catalogs support democratization of data beyond the reach of just the IT team. Depending on the need at hand, organizations can allow different user groups differentiated access to the repository.
What results in the failure of DG programs of certain organizations? What can your organization do to ensure successful implementation of data governance?
If you’re thinking of data protection as a regulatory chore, allow us to change your mind.
I&I’s 3-phase data governance strategy assesses your current program, identifies challenges, and helps implement a business-aligned data governance program.
Depending on the nature of business, size, location etc., organizations face various challenges in developing a suitable data governance program. What about you?
You need a mindset change towards viewing data — data you already likely own — as an asset that will decide your competitive advantage.