Data represents a huge management challenge for all organisations. Everyone wants insight but how do you ensure delegated responsibility and ownership? Find out how are our approach to data governance can help your business deliver meaningful insight from your data.
Data and Big Data continue to be significant priorities for most businesses and with proper controls, they can often contain the key to unlocking true insight, better business decision making and ultimately reducing costs or improving revenue. Good data governance requires investment to ensure data is stored securely and remains available to authorised parties. That it has integrity, can be trusted and thus is safe to use.
Why you might need support
- Lack of clear ownership, roles and responsibilities – are you clear who is responsible for what areas of data in your organisation?
- Lack of trust in the results of data analysis, does it take multiple attempts to get the “right” answer or do results of the same report change over time without good explanation?
- Only a few highly skilled individuals can be trusted to deliver accurate reports and analysis, often taking excessive amounts of time to produce the required output.
How we can help
- Removal of silo’s and generate whole of business support by building a cross-functional team to deliver and operate the programme. Assigning data ownership to improve accountability.
- Build trust in the data buy ensuring a single source of truth is created for each required data point.
- Provide an accompanying data dictionary that ensures all employees with access know what each data point represents, what data cube it belongs to and how it should be used.
Business Benefits
- Those that need to generate reports can trust the data to be reliable.
- Data will be classified and ownership established
- Using the principles of CIA, the data will be be kept Confidential, have Integrity and be Available to those that are authorised to access it.
- Reporting teams can move quickly to produce dashboards and analysis of data without need to go through lengthy requirement gathering exercises that reduce your ability to deliver with speed.
- Data dictionaries can be written to allow anyone the ability to quickly review data points to answer simple questions.
Key Deliverables
- Define the information requirements across the organisation
- Understand the current state of capability using a maturity model assessment
- Design the Target Operating Model
- People, Policy and Technology requirements agreed
- High level roadmap to reach the Target Operating Model
- Business Case to support the roadmap