Data Governance: Lessons learned for best practices

How do we gain buy-in with enterprise Data Governance and data quality programs and processes when your organization is exercising caution due to past failures?

Data Governance has become a critical discipline and important area of focus for organizations to realize operational efficiency and to support business growth. The formal orchestration of people, process, technology, and data enables any organization to integrate, manage, and present data to deliver value. Data, a key differentiator, is one integral asset for competitive advantage and organization success. In short, Data Governance treats that information as an enterprise asset.

We’ve spoken with many organizations that look to expensive technology to solve their Data Governance challenges. However, technology is only part of the solution and should be coupled with a real Data Governance strategy to support the investment. Typically, we are brought in after this realization, and make every effort to help our clients understand where they went wrong and that hope is not lost.

Suppose your organization is in a similar situation in which it experiences failure in executing a successful Data Governance program. It's not easy to convince others to double down on a collapsed initiative. Our recommendation would be to postpone the technology conversation and develop a solid Data Governance strategy that aligns with the organization's goals and objectives. The next step would be to prove the concept and gain support from stakeholders and those responsible for decision making by means of a production pilot project that solves small, high-value use cases. We demonstrate our capabilities while delivering a successful data application to showcase our success to business users and leadership. A working data application makes it much easier to gain stakeholder buy-in to move forward with the extensive Data Governance program and its relevant activities and practices. This pilot shows how Data Governance supports data applications' quality and scalability and builds early credibility with stakeholders and those in a position of ownership in the strategically chosen pilot use case.

In the end, we enable organizations to take a center of excellence (COE) approach for data and analytics that integrates Data Governance across all the organization's projects and operations to deliver data quality throughout the enterprise's data lifecycle.

At Data Ideology, we work to engage the business and gain support from executive leaders, which allows us to deliver value and successes by integrating Data Governance into any data related process. With their exstensive insight and training, our teams of business and technology experts have helped organizations of all sizes and across various industries with Data Governance initiatives and plans. We understand both the challenges and factors associated with implementing a Data Governance program, and we are here to help to ensure a bright future ahead for your organization.

Written by Mike Sargo
Mike Sargo is Chief Data and Analytics Officer and Co-Founder of Data Ideology with over 18 years of experience leading, architecting, implementing, and delivering enterprise analytics, business intelligence, and enterprise data management solutions.


A 360-Degree Customer View: Personalizing the Consumer Journey

Although achieving a 360-degree view of customers isn’t a new concept by any stretch, retail organizations are still struggling to achieve this critical feat from a data management perspective.
Banking & Financial Services

The Open Banking Movement is Open for Business

When it comes to financial services, people’s lives can be somewhat fragmented. Depending on the situation, they might be juggling two or three different financial institutions along with several diverse financial products.
Banking & Financial Services

Data Solutions that Improve Risk Management for Banks

An extremely vital aspect of the banking and finance sector is their ability to manage exposure to losses & risk and to protect the value of its assets.