Data governance is the foundation for organization-wide data management. In the world of “data everywhere”, Data Governance is becoming even more important.
Data has become the lifeline that is necessary for most businesses to function with increased efficiency and operational performance. Organizational leaders and staff are racing towards developing effective data governance models that focus on high quality data in order to drive the business forward. Systems such as ERP, CRM and supply chain management are dependent on the high quality and complete data across the entire organization.
Efficient data governance is still a discover phase, with many challenges, which lead to many organizations overemphasizing a data governance model at the expense of refocusing the business to implement a data driven approach..
What are some key capabilities for a successful data governance and what are some main purposes that organizations are looking for?