Data governance is rarely seen as a glamorous topic, and even the mere mention of the ‘G’ word often inspires groans and yawns from non-specialists. But are they missing a trick? It’s possible that the failure to appreciate data governance comes from a lack of understanding about the value it can deliver, and just how important it is to future success.
Today, we’re going to attempt to address that gap in understanding. First, let’s define our terms: by data governance, we’re referring to the overall management of the availability, usability, integrity, and security of the data employed in an enterprise. A sound data governance program includes a defined set of procedures, a plan to execute those procedures, and people who are responsible for putting that plan into action. This might sound like a lot of work without much payoff—but the truth is that data governance plays a key role in ensuring that data is used to its full potential.