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Discuss the important strategies required for a data governance program

Discuss the important strategies required for a data governance program

Data governance refers to a set of responsibilities, standards, rules, processes, and measurements that ensure that information is used efficiently and effectively to help a company achieve its goals. It also establishes who is accountable for what action, based on what data, in what circumstances, and with what data (Janssen et al., 2020). The data governance program employs a variety of tactics. Setting both long-term and short-term goals, on the other hand, is a crucial strategy for driving decisions on procedures and processes to meet immediate and future needs.

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The other option is to figure out how to evaluate the overall success of the data governance development strategy. Defining metrics to determine if specific criteria are satisfied, as well as conveying those metrics and criteria to all relevant stakeholders, is crucial to ensuring that teams are working toward common objectives. The alternative option is to form a data governance team or establish a data governance office. It is critical to assign employees responsibility for achieving success and goals measurements after they have been defined. Management, the IT department, department liaisons if needed, and any other stakeholders involved in data processing should make up the team. The team should determine who has permission to access and disseminate various data kinds, as well as specify the data gathering approach, data protection rules, and data collection methods. This is crucial in guaranteeing the information’s consistency, reliability, and accuracy. In addition, the team should design a procedure and determine who should receive each kind of data. Furthermore, a governance structure should be built to address sensitive data that should not be shared throughout the firm by guaranteeing processes that classify data as acquired and implementing appropriate access controls (Benfeldt et al., 2020).

Discuss the important strategies required for a data governance program

Read Also: Discuss how you would use data to develop information knowledge and wisdom in the workplace.

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