What is your organization doing to protect the value of your data? A strong data governance strategy helps ensure that your data is usable, accessible and protected, guaranteeing trust in the quality and consistency of the data.
But creating a data governance program is not something you can do overnight. It involves establishing methods, processes and roles. While it may require a lot of work, the payoff is operating as a truly data-driven business in compliance with tightening data regulations.
Data governance can bring a vast return on investment to your organization. Some benefits include:
- Accelerated management decisions involving multiple systems with centralized accountability, a documented escalation process for issue resolution, and improved information for management decisions
- Reduced duplication of data, numbers of system interfaces and manual data entry processes
- Increased accuracy and consistency of reports and dashboards leading to improved decisions, fewer expensive errors based on poor or inconsistent data, and reduced rework from these errors
- Reduced compliance issues
Ready to start creating a data governance program at your organization, or need help further defining an existing strategy? Our data governance experts can help. We offer a Data Governance Workshop that shows you how to stand up a data governance program to manage your data as an organizational asset. Contact us to get started.