Well-structured, accurate data is a vital enterprise asset. By enabling an understanding of the past and present, accurate data empowers better decision-making for the future. To secure this asset, organizations need to effectively manage their procedures, tools and activities to focus on the quality, fidelity and clarity of that data. Without this continuous governance and oversight data degrades over time, losing its meaning and precision.
Data Governance is the set of responsibilities and activities used to manage the data assets of an organization. It ties the elements of people, process, and technology in a holistic manner to enable the effective protection and utilization of an organization’s data assets.
The objective of a Data Governance program is to instill an organization’s culture with the accountability and behaviors necessary to protect its data assets. This means data governance should be established as a program and not just a project with temporary activities that cease once the project has ended. Rather, these behaviors need to be internalized by all participants in the organization.
Claraview helps its clients assess the current state of their data assets and design data programs that organize stakeholder and resource responsibilities, establish methodologies for publishing and using official data definitions, and communicates the plan in a way that makes sense to the end users.
Key components of a robust data governance program include: