What is Data Governance?

Posted by:

Frank Stoffel

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  1. Data governance is a framework for managing data assets: It involves defining policies, procedures, and standards for the collection, storage, use, and dissemination of data within an organization.
  2. Data governance ensures the quality and consistency of data: It helps organizations establish a shared understanding of data definitions, business rules, and data quality standards to ensure that data is accurate, complete, and consistent.
  3. Data governance helps manage risk: It ensures that data is properly secured, protected, and governed, reducing the risk of data breaches, compliance violations, and other types of data-related risks.
  4. Data governance involves collaboration across departments: Effective data governance requires collaboration between business units, IT, legal, compliance, and risk management to ensure that data governance policies align with business needs and goals.
  5. Data governance is an ongoing process: Data governance is not a one-time event, but an ongoing process that requires regular review, monitoring, and adjustment to ensure that it remains relevant and effective over time.