For many people in business, the mention of a data governance program evokes excessive red tape, bureaucratic drag, and, most of all, outsiders meddling in daily operations. “What is the preconceived notion about data governance? We are the police, we tell you no, we tell you to stop, we slow you down,” said Sherry Hidalgo, director of […]
How Data Governance and Data Literacy Overlap
In today’s tech-driven world, with 120 zettabytes generated annually, most of us already use data – and lots of it. “Everyone who reads a paper or scrolls through the Internet is already acquainted with data,” said Wendy Lynch, founder of analytic-translator.com and Lynch Consulting, in a recent Elevating Enterprise Data Literacy webinar. “We depend on data, compare data, react to data, […]
Data Governance 101
Data Governance (DG), a formalized practice that connects different components – such as roles, processes, communications, metrics, and tools – increases data’s value. By harmonizing these fundamental elements, governance ensures that the right data flows efficiently to the right resources at the right time. In this Data Governance 101 article, we will look at the definition […]
7 Top Data Quality Issues (and How to Fix Them)
Having Data Quality issues is a common – and costly – problem. According to Gartner, poor-quality data costs organizations an average of $12.9 million annually. Data Quality uses factors such as accuracy, consistency, and completeness in determining the value of the data. High-quality data can be trusted, while low-quality data is inaccurate, inconsistent, or incomplete. In […]
Five Essential Data Architecture Principles
Data Architecture principles are a set of policies that govern the enterprise data framework with its operating rules for collecting, integrating, using, and managing data assets. The basic purpose of the Data Architecture principles is to keep the supportive data framework clean, consistent, and auditable. The overall enterprise Data Strategy is built around these principles. […]
The Business Glossary and Automated Metadata Tools
Automated metadata tools can be used to develop and build business glossaries, graphs, and data catalogs. By eliminating the human factor, metadata errors can be minimized and tasks accomplished much more quickly. Business glossaries act as the foundation for a shared and common language. Automated metadata tools can cut down on the amount of time […]
Integrating a Data Governance Program in Your Organization
Integrating a Data Governance program into an organization not only means adding some software, but more dramatically, it means changing the workplace culture. Data Governance broadly describes the policies and procedures used to collect, organize, and manage data. It supports improved data analytics, which, in turn, promotes better operations management and better decision-making. Data Governance […]
Building a Data Governance Program: Ten Steps to Success
Building a Data Governance program from the ground up can be a huge undertaking, much like a puzzle, but with no picture as a guide. The Chief Data Officer at American Fidelity Insurance, Ryan Doupe, spoke at DATAVERSITY® Enterprise Data World Conference and presented a practical ten-step plan for starting or improving a Data Governance […]
Overcoming Data Governance Challenges with Best Practices
Jason Dye, Director of Enterprise Data Governance at Ally, says that sometimes Data Governance feels like a thankless job. “I’m struggling up this sandy godforsaken hill and then some guy’s standing on the sidelines going, ‘I don’t know what’s so hard about Data Governance. It’s easy.’” But that may be because Dye makes it look […]
Dear Laura: My Data Governance Program Is Being Hijacked
Click to learn more about author Laura Madsen. Welcome to the Dear Laura blog series! As I’ve been working to challenge the status quo on Data Governance – I get a lot of questions about how it will “really” work. I’ll be sharing these questions and answers via this DATAVERSITY® series. In 2019, I wrote the […]