Establishing Metrics for Effective Data Governance PPT

This PPT slide, part of the 23-slide Data Governance Strategy PowerPoint presentation, outlines the critical importance of establishing measurement metrics to evaluate the effectiveness of a Data Governance Strategy. It highlights that while the benefits of effective data governance can often be subtle, the consequences of neglecting it can be severe, including significant financial penalties and reputational harm. Senior executives are urged to develop a clear understanding of how to measure the impact of their governance initiatives.

Key metrics are suggested, such as tracking incidents related to data access within the IT Management System. This is crucial because incidents can indicate underlying governance issues. For example, if a user loses access to a dashboard, it may signal a failure in the governance framework, necessitating prompt investigation and resolution. The slide emphasizes the need for accurate documentation and tracking to prevent future occurrences.

Additionally, the slide points out that assessing overall system performance and data quality are vital components of a robust governance strategy. Increased data understanding can lead to the creation of new users,, but if these users do not engage with existing reports, it may reflect poorly on the governance efforts in place. This suggests that organizations must not only create metrics, but also ensure that they are actionable and lead to improved data governance practices.

In summary, the slide serves as a call to action for executives to implement pragmatic indicators that assess data accuracy, totality, uniformity, and uniqueness, ultimately driving better governance outcomes.

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