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Data Governance Strategy Factors
When defining a data governance strategy, it is essential to consider various factors to ensure the effective management and utilization of data within an organization. Some key factors to consider include:
Factor |
Description |
Example |
Data Ownership |
Identifying individuals or departments responsible for the quality and security of data. |
Assigning a data steward for each critical dataset who is accountable for its accuracy and compliance. |
Data Quality |
Ensuring that data is accurate, complete, and consistent across the organization. |
Implementing data validation processes to identify and rectify errors in customer information. |
Data Security |
Protecting data from unauthorized access, breaches, and ensuring compliance with regulations. |
Implementing role-based access controls and encryption mechanisms to safeguard sensitive data. |
Data Privacy |
Adhering to privacy regulations and policies to safeguard personal and sensitive information. |
Obtaining explicit consent from individuals before processing their personal data for marketing purposes. |
Data Lifecycle Management |
Defining processes for data creation, storage, usage, archiving, and deletion. |
Establishing retention policies to determine how long different types of data should be retained. |
Data Governance Framework |
Establishing policies, procedures, and guidelines for managing data effectively. |
Developing a data governance council with representatives from various departments to oversee data-related decisions. |
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