10 Guiding Principles Every Data Governance Program should Follow
[glossary_exclude]Data governance (DG) can be a challenging initiative for any enterprise launching such a program, but DG is also challenging for enterprises with a fairly mature program in place. There are a lot of success factors that need to be met to achieve a highly mature and effective DG program while the variables keep changing. To get a DG program started on the right path or have a course correction for one which is already underway, here are 10 guiding principles that should be followed:
- Data is a strategic enterprise asset and should be managed as such.
- DG is an evergreen program and a business discipline, not a project, which needs an ongoing investment, support, and exposure.
- DG is the foundation upon which all enterprise information initiatives are built.
- DG and stewardship are a shared responsibility between business and IT.
- There must be a common glossary with shared and approved business terms and data definitions with a clear stewardship and ownership process.
- There is only one version of the truth for enterprise data which is actively managed and trustworthy.
- Data management needs to comply with legal and regulatory requirements, internal policies, and follow industry best practices and standards.
- Enterprise data are accessible and understood by relevant roles as needed in order to carry out their duties.
- Accountability for different data management practices is clearly defined, assigned, and managed
- DG efforts, goals and objectives, priorities, decisions, and deliverables (procedures, processes, standards, policies, framework, etc.) are always communicated and made available to the entire enterprise.[/glossary_exclude]
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