by Angela Guess
Loraine Lawson reports that according to a new Gartner study made available exclusively to clients, CIOs and other data professionals who fail to implement successful data governance or master data management programs stand a significant chance of losing their jobs. Lawson writes, “Twenty percent of CIOs in regulated industries will lose their jobs because they failed to successfully implement information governance… At least CIOs won’t be alone: The same report foresees enterprise legal officers also getting the boot for failures.”
Lawson adds, “It’s simple, really: Regulatory fines and the risk of a sullied reputation mean companies just can’t allow data losses to go unpunished, particularly if the data exposed belongs to customers, the article notes. And, right or wrong, CIOs are in the cross-hairs when governance fails and there are leaks. In the past, there’s been some question about whether data governance is really an executive-level issue. With predictions like this, you can expect that to change. Gartner certainly does.”
Ted Friedman of Gartner commented, “The recent global financial crisis has put information governance in the spotlight… Information governance is a priority of IT and business leaders as a result of various pressures, including regulatory compliance mandates and the urgent need for improved decision-making.”
