KID : MDM Data Governance and Stewardship
Data governance is a discipline with an evolving definition. The discipline embodies a convergence of data quality, data management, data policies, business process management, and risk management surrounding the handling of data in an organization. Through data governance, organizations are looking to exercise positive control over the processes and methods used by their data stewards and data custodians to handle data.
Master Data Management - Data Governance Questions
Implementation of a Data Governance initiative may vary in scope as well as origin. Sometimes, an executive mandate will arise to initiate an enterprise wide effort, sometimes the mandate will be to create a pilot project or projects, limited in scope and objectives, aimed at either resolving existing issues or demonstrating value.
Users of data are asking many questions when it comes to the data they use to make decision and manage the business.
Some of these questions include:
- Can I trust the data I am using?
- Where does it come from?
- What other data exist out in my enterprise?
- How is the data processed or transformed from it's source?
- How does one data element relate to another?
- How should business terms and data elements be defined?
- Who understands what our data means?
KID offers Data Governance services that will assist you in defining the initiative and then implementing it.