How Data Governance Enables Analytics and Drives Business Growth

Improve operational efficiency and reduce business risk by aligning data, technology, people, and processes within a data governance strategy that delivers a straight quantifiable return on investment. When it comes to data, the first question isn’t whether you can measure something, it’s whether you should. What you can or should measure impacts what you can do as a business, potentially affecting your business model. Along with respecting regulatory compliance requirements and the privacy rights of individuals, it’s necessary to consider the business value of data . You can’t run a business if you’re unsure about data protection mandates or what can be measured. That’s why data governance must underpin the business model and strategy. It needs a seat in the executive suite. The introduction of GDPR and other data protection regulations have forced every business to be aware of data privacy boundaries: What data can be measured and stored, and who has access? Data governance ensures only authorized individuals have access to specific data, with controls to protect sensitive data such as personally identifiable information (PII). Getting it wrong has serious legal, financial, and reputational implications for your business. A strong legal team with data privacy experience is fundamental […]

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