5 Steps to Implementing an Effective Data Governance Strategy

By |2024-04-02T11:21:05-04:00November 29th, 2023|Information Governance and Management|

Most organizations by now recognize the importance of data governance in ensuring data value and achieving regulatory compliance. However, implementing an effective data governance strategy requires clear vision, cross-functional collaboration, a well-defined framework, and cultural adjustment. Ongoing evaluation and updates also prove essential. 1. Align Data Governance Goals with Business Priorities Successful data governance begins with assessing the current state of data governance, then building a strategy that aligns with business goals and needs. Technologies and trends can and should support data governance. However, strategic planning should focus first on identifying existing risks and business needs and establishing priorities. That