9 Tips For Data Governance Success - InformationWeek

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10/10/2016
07:06 AM
Jessica Davis
Jessica Davis
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9 Tips For Data Governance Success

Data governance is essential for organizations that rely on consistent, quality data. But embarking on a new data governance project can be a daunting task. Here's a look at some of the key elements recommended by experts in the field.
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Find An Executive Sponsor
A successful data governance project requires an active executive sponsor. 'If you don't have an executive sponsor, I can guarantee your data governance program won't get far,' Sicular said. Executive sponsors ensure that your data governance program gets visibility with other executives and with the enterprise as a whole. It also can help you remove roadblocks to your success. Medved noted that without top-down executive and stakeholder reports your data governance effort will be plagued with problems. 

(Image: shironosov/iStockphoto)

Find An Executive Sponsor

A successful data governance project requires an active executive sponsor. "If you don't have an executive sponsor, I can guarantee your data governance program won't get far," Sicular said. Executive sponsors ensure that your data governance program gets visibility with other executives and with the enterprise as a whole. It also can help you remove roadblocks to your success. Medved noted that without top-down executive and stakeholder reports your data governance effort will be plagued with problems.

(Image: shironosov/iStockphoto)

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WardahFarooqi
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WardahFarooqi,
User Rank: Apprentice
10/17/2016 | 6:54:05 AM
Data governance and it's benefits
A very well elaborated piece of writing explaining it very well that how data governance is beneficial. I have also read about the financial crisis of 2008 in US and they thus declared it mandatory to have a proper regulatory framework through which the errors could easily be identified. An article https://www.rokittastra.com/smart-survive-banking-regulations/ provided the information regarding the data governance and regulations that under different bills it is being made sure about the free and fair financial system of different organizations including banks. I want to know about what do you think is the best form of regualtory system to ensure that an organization is well aware of each and every financial transactions or how they can have a better risk management which would not become a cause of such a worst crisis like that of in 2008?
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