Benefits of data governance

Concetti di Data Governance

Courtney Smith

Strategic Initiatives Manager

Data governance benefits

A graphic showing the six benefits of data governance in different colored hexagons with data governance benefits as the middle hexagon

Concetti di Data Governance

Having better data

  • Complete - all data requested is there
  • Accurate - correctness
  • Timely - delivered on-time
  • Valid - free of operational errors
  • Consistency - same across sources
  • Integrity - free of technical errors

A diagram showing data quality at the center with validity, accuracy, consistency, completeness, timeliness, and integrity pointing towards the center

Concetti di Data Governance

Mitigating risk

  • Increased transparency and visibility
  • Better ability to assess accuracy of data
  • Facilitates regulatory compliance
  • Reduced risk of fines, jail, and other penalties

An image showing the word compliance surrounded by different objects and words such as governance,requirements, and regulations

Concetti di Data Governance

Making better decisions

  • Reliable, trusted, high quality data
  • Increased visibility and understanding
  • Improved confidence using analytics and insights to inform decisions

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Concetti di Data Governance

Streamlining processes

  • Policies and standards
  • Clear roles and responsibilities
  • Increased transparency of data use and handling
  • Identification of duplicate work
  • Reduction in errors and manual adjustments

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Concetti di Data Governance

Providing better customer service

Data governance helps provide:

  • Increased ability to answer customer questions
  • Better customer service
  • Effective handling of complaints
  • Analytics and insights to improve customer experiences

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Concetti di Data Governance

Making more profit

  • Increased quality
  • Increased compliance
  • Improved decision-making
  • Increased efficiency
  • Better reputation
  • Decreased costs
  • Greater profits

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Concetti di Data Governance

Let's practice!

Concetti di Data Governance

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