Data Governance Strategy (PowerPoint PPTX)

DESCRIPTION

Data Governance is all about overseeing the accessibility, practicality, reliability and safety of enterprise data. Data Governance safeguards data uniformity, dependability, and fair use.

In data-driven organizations, the importance of Data Governance is supreme to generate value. For instance:

•  Data Governance provides guidelines to define the account-abilities and responsibilities related to data management and to strengthen the enterprise's Business Model.
•  Data Governance allows enterprises to eliminate data inconsistencies present due to discrete applications and systems running in parallel—e.g. customer names listed differently in marketing and supply chain systems, posing threats to data integration and complicate data accuracy, validity, business intelligence, analysis, and reporting.
•  Without appropriate Data Governance structure, data errors cannot be identified and rectified.

Data Governance is now high on senior leadership's priorities owing to huge public uproar over data privacy, data disclosures instigating harm to enterprises' reputation, and stringent regulations.

This warrants adopting a careful Data Governance Strategy; because, in the absence of one, the huge data being piled every day tend to cause regulatory or professional issues.

This Data Governance Strategy framework presented in this PowerPoint deliberates on the 6 steps that are critical to develop a viable and pragmatic Data Governance Strategy. This 6-phase strategy enhances how the business is managed and assist in recognizing and valuing data as a significant business asset:

1. Document existing governance structure and roles
2. Gain senior leadership sponsorship for the program
3. Improve data awareness and education
4. Redefine data structures and establish a team
5. Create measurement metrics to identify success
6. Choose data tools that match your strategy

A robust Data Governance Strategy assists in creating accurate and standardized data, ease of its usage, and more calculated, improved decision making. Data Governance Strategy is also necessary to curtail the risk of data misappropriation.

The slide deck also includes some slide templates for you to use in your own business presentations.

This comprehensive guide also emphasizes the importance of executive sponsorship and data literacy across the enterprise. It provides actionable steps to restructure data governance functions and establish a capable governance team.

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Source: Best Practices in Big Data, Data Collection, Data Governance PowerPoint Slides: Data Governance Strategy PowerPoint (PPTX) Presentation, LearnPPT Consulting