by Angela Guess
ComputerWorld UK has published an article on how to build a business case for Data Governance. The article states, "Data governance may be the most talked about, yet elusive prize, in the data management space. It is highly coveted by people who work with data because practitioners know the mission-critical role governance plays in achieving desired data outcomes. At the same time, it is challenging for many organisations primarily because of their inability to demonstrate to business leadership the perceived value it brings. It fails to receive executive support and often falls to the bottom of the pile when it comes to the corporate agenda."
The article goes on, "But why should senior executives and the Board be interested in data governance? Data governance isn’t just about meeting regulatory requirements and ensuring compliance. A successful data governance programme opens up visibility into the organisation. The transparency that this brings can reveal previously unimagined opportunities, opening up new revenue streams, increasing customer satisfaction, reducing costs and complexity and helping to better assess risk. All of which can impact the bottom line. There are ten basic yet extremely important steps to building a business case for data governance."
photo credit: MattGrommes