Creating a data governance strategy

Data Governance Concepts

Courtney Smith

Strategic Initiatives Manager

Strategy components

A diagram showing the six components of a data governance strategy.

Data Governance Concepts

Defined approach

Diagram showing defensive and offensive strategy with balanced in the middle

Data Governance Concepts

The vision statement

  • Inspiring and compelling
  • Must be easily understood
  • Drives alignment towards data objectives

 

Example: Revolutionize how patients leverage their data to make informed healthcare decisions.

Picture of a compass pointing to the word vision

Data Governance Concepts

Mission statement

  • Call to action
  • Guidance toward achieving objectives
  • Ties with the vision statement
  • Should include organization's goal

 

Example: Enable patients to make data-driven decisions about their healthcare by providing them with secured access to accurate, trusted data and insights.

Pair of hands holding the word mission

Data Governance Concepts

Value proposition

  • Top benefits of implementing the program
  • Cause and effect statement
  • Helps convince others of the importance

Example:

By implementing this data governance program, we will realize:

  • More accurate data for actionable insights
  • Better compliance with privacy regulations
  • Increased trust in data for decision-making

Graphic demonstrating success and business growth

Data Governance Concepts

Guiding principles

  • Define how data should be used, managed, and treated
  • Typically focus on meeting business goals while minimizing risk

Examples:

  • Data owners and stewards will be assigned to ensure accountability.
  • Data stakeholders must be transparent in all decision-making.

Photo of a compass pointing to the word principles

Data Governance Concepts

Roles and responsibilities

  • Align with operating model and framework
  • Establish role of the data governance office
  • Set expectations of business lines
  • Indicate how compliance will be measured

Example:

  • Hire CDO and establish data governance office as single enforcement authority
  • Businesses must follow policies and standards
  • Measured by monthly data health checks

A photo depicting different roles and responsibilities in a company

Data Governance Concepts

Let's practice!

Data Governance Concepts

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