This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
This product (Data Governance Primer) is a 23-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.
Data Governance safeguards data uniformity, dependability, and fair use. Data Governance is a set of practices that outline the roles and accountabilities related to data and support the organization's Business Model by generating and consuming data.
With increasingly stringent data confidentiality laws, the need for adoption of Data Analytics to improve decisions and enterprise operations is further amplified. Data Governance is guided by in-house data standards and guidelines to monitor data usage.
This framework discusses the importance of Data Governance, its benefits, guiding principles to effectively run a governance program, and key challenges hampering data governance.
The slide deck then provides a detailed overview on how to execute a Data Governance initiative and the core action items to implement a Data Governance program, i.e.:
1. Work from the top down.
2. Avoid forcing people to accept the initiative.
3. Devise Data Governance Programs employing a proper framework.
4. Assume data to be consistently changing and prepare accordingly.
Other topics discussed in the presentation include dimensions of Data Governance, mechanisms of Governing Data, and key participants who have a primary role to play in such an initiative.
The slide deck also includes some slide templates for you to use in your own business presentations.
This presentation also delves into the critical aspects of data stewardship, quality, and master data management, highlighting their roles in a successful Data Governance program. It emphasizes the need for a flexible and agile approach to Data Governance, particularly in organizations with multiple departments and varying data sensitivity levels. The PPT outlines the importance of rational mechanisms, including communication and informal mentoring, in governing data effectively. It provides actionable insights and templates to help you implement a robust Data Governance framework tailored to your organization's unique needs.
Source: Best Practices in Big Data, Data Collection, Data Governance PowerPoint Slides: Data Governance Primer PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting
This PPT slide outlines key challenges faced during the initial phase of a Data Governance initiative. It emphasizes that these challenges often stem from conflicting perspectives within the organization. The content is divided into 3 main sections, each addressing a specific challenge.
The first section discusses the difficulty in demonstrating the business value of the Data Governance program. It highlights that without clearly defined benefits, stakeholders may be reluctant to support the initiative. Identifying quantifiable indicators related to data quality improvements is essential. Metrics such as accuracy rates, error rates, and cost savings are suggested as valuable tools to convince stakeholders of the program's merits.
The second section focuses on reinforcing internal business intelligence and analytics. It notes that the rise of in-house analytics capabilities has led to an increase in data users, which necessitates a robust governance framework. This framework should not only ensure data accuracy and accessibility, but also address the potential for data misuse. Additionally, maintaining the confidentiality and security of real-time data analytics is identified as a significant challenge.
The final section addresses the complexities introduced by big data. It points out that big data systems differ from traditional databases, as they often handle unstructured or semi-structured data. Data Governance systems must adapt to manage various data types across multiple platforms, including Hadoop and NoSQL databases. The need to filter raw data for analytics further complicates governance efforts.
Overall, the slide serves as a critical reminder of the multifaceted challenges organizations face when initiating Data Governance programs, underscoring the importance of strategic planning and stakeholder engagement.
This PPT slide outlines the essential mechanisms for implementing a Data Governance program, emphasizing that effective governance extends beyond mere rules and policies. It identifies 3 primary mechanisms: Structural, Procedural, and Relational. Each mechanism plays a distinct role in establishing a comprehensive governance framework.
Structural mechanisms involve formal elements that define roles, responsibilities, and policies related to data governance. This structure is crucial for ensuring clarity in data ownership and accountability. It sets the foundation for how data is managed within the organization.
Procedural mechanisms focus on compliance, ensuring that the structural elements are adhered to through audits and reviews. These processes are vital for maintaining integrity and trust in the data governance framework. They help organizations monitor adherence to established rules and facilitate corrective actions when necessary.
Relational mechanisms introduce a more informal aspect of governance, emphasizing communication and mentorship among employees. This approach fosters a culture of collaboration and shared responsibility for data management. It highlights the importance of interpersonal relationships in reinforcing governance principles.
The slide suggests that organizations should leverage all 3 mechanisms in tandem. While structural and procedural elements provide a solid framework, relational mechanisms enhance engagement and commitment from employees. This holistic approach is essential for cultivating a data-driven culture within the organization. By understanding and implementing these mechanisms, executives can better navigate the complexities of data governance and drive effective data management strategies.
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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