Dsi 137 Presention Droup 15
Dsi 137 Presention Droup 15
Dsi 137 Presention Droup 15
GROUP MEMBERS.
PRESENTATION OUTLINE.
According to Panian and Spermic (2007) data governance is the processes, policies, standards,
organization, and technologies required to manage and ensure the availability, accessibility, quality,
consistency, auditability, and security of data in an organization.
It is also the combination of individuals, processes, technologies and systems that work together to
ensure an organization’s data is accurate, secure and easily discoverable for employees.
Data governance play as a major role in organizing and protecting the internal data . it acts as a form
of insurance that every piece of information collected is properly stored and distributed within the
organization.
Businesses use data governance to safeguard their data, control and give access to specific
stakeholders. For example, Midlands State University can use data governance to protect student’s
information such as personal details, program names, financial data and their results. Such
information is secured and protected so that only the students are given access to this data and access
it when they request for it.
Data governance has some goals(Panian & Spermic, 2007). These include:
ensure data meets the needs of the business. This means that the data collected should be
consistency so that it becomes beneficial to the business. For example, the data available
should be processed towards the needs of customers so that they efficiently allocate the
resources and meet their needs, hence more profit is generated.
Protect and manage data as a valued enterprise asset. Data should be protected and secured
against intruders such as hackers. Security can be done through the use of pin code password
and finger print where applicable.
Lower the managing cost of data.
1. Data Usability
it makes data accessible and easy to understand. Data should be stored in one location
and organized in a simple, logical way. Every employee should understand every
piece of data and be able to collect and use it.
2. Metadata
lt is qualitative information that describes how data is collected at a business. It helps
understand why certain data is collected as well as it's relevance to their short- and
long-term goals. This way, if data is ever misplaced or forgotten, the organization will
have context clues to explain the purpose of each dataset.
3. Data Security.
Some information should be extremely private and should only be viewed by specific
customers. In this case, data security is essential to protecting data and deciding who
should have access to it.
4. Data Integration
Sometimes, data coming in from a variety of sources needs to be combined. In these
cases, data integration groups this information into a larger dataset that provides
meaningful insights about your business. By combining data together, you can obtain
a clearer picture of how different functions relate to each other within your
organization.
5. Data Preservation.
company should have a process for deciding how data is stored and preserved. After
all, some data is used constantly, while other information can be archived, or even
deleted. This is where it helps to have a universal storage system to ensure pertinent
data is never too hard to find.
Data governance helps to ensure that data is usable, accessible and protected. Effective data
governance leads to better data analytics, which in turn leads to better decision making and
improved operations support. Further, it helps to avoid data inconsistencies or errors in data,
which lead to integrity issues, poor decision making, and a variety of organizational
problems.
Data governance also plays an essential role in regulatory compliance, ensuring that organizations are
consistently compliant with all levels of regulatory requirements. This is key for minimizing risks and
reducing operational costs.
Data governance is also needed in an organization to develop common data definitions and
standard data formats that are applied in all business systems, boosting data consistency for
both business and compliance uses.
For instance, your company may collect and store data about customers’ journeys from the
first time they submit their email address on your website to the fifth time they purchase your
product. If you’re a digital marketer, you likely interact with this data daily.
Panian, Z; Spermic, M. (2007) Corporate Governance and Information Systems Audit, Zagreb:
Croatia. pp. 321-334