The Core of Data Governance

How does it comes that Data Governance is still a troubled area within many companies. I tried to show the value many times now in different articlesWith this in mind I would like to get back to the beginning. Getting back to the core of data governance. Before we can get to the core of data governance we have to define what the core data governance is and what data governance really contains.

The Core of Data Governance

The definition of data governance is actually not that complex. The complexity comes when implementing and holding the organization to this standards. No matter what the regulations such as GDPR tell you. Keeping the organization on track is the challenge. But back to the core of data governance:

Data governance refers 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 governing body or council, a defined set of procedures, and a plan to execute those procedures. by TechTarget

Benefits of Data Governance

In order to show you the real value of Data Governance we can reflect to the core of data governance. But we can also just name the benefits and let you decide for yourself and your company. This is the list that represents in my opinion the most important factors and benefits when data governance is applied and stays applied within companies.

  • Making data consistent
  • Improving data quality
  • Making data accurate, complete
  • Maximizing the use of data to make decisions
  • Improving business planning
  • Improving financial performance
  • Maximizing profits of the company

Is it that simple? Well you have to be clear about the goals you set and how to reach them. Getting to the top is not the hardest part. Staying at the top is. This quote by Nicola Askham says it all:

To get the benefits of data governance, you don’t actually need to minutely control every single piece of data. It’s actually not about the data itself – it’s all about how the data is managed by the business, and applying the correct level of control that is appropriate to its intended use. By Nicola Askham, The Data Governance Coach