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Data Governance
for Data Value Optimization.

 

In your organization, do people get confused by which metric or report to use?  Do they struggle to find the data they need?  Are they surprised when unannounced upstream changes impact their reporting or even operations?  All of these symptoms are quelled with a robust data governance program.  A healthy data governance program transcends process, organizational and system boundaries, providing protection for the lifeblood of any organization: data.  Datasource has expertise setting up new Data Governance programs and even revitalizing past programs that may have stalled out or fallen short.

Our Approach

Datasource leverages a proven approach to help companies extract the value out of their data. To be successful, data governance must be customized to fit your organization so the Datasource approach focuses on understanding the environment and stakeholder perceptions.

• Assess & Analyze – We assess your environment to understand the right data governance approach that will work for your organization.
• Survey & Baseline – We conduct a survey to understand and create a baseline of perceptions about data governance across stakeholder groups.
• Plan & Recommend – We create your Data Governance roadmap.
• Consult – We conduct periodic check-ins to help ensure program vitality and track progress against baseline perceptions.

The Benefits

An effective data governance program starts with a partnership and leverages our expertise and your organizational knowledge to improve.

• Regulatory Compliance and Risk Management
• Operational Agility
• System Maintenance, Development and Replacement Costs
• Information Security (InfoSec)
• Collaboration Across Organizational Units
• Strategic Alignment Business Value of Data

Assessment & Roadmap

Many organizations feel they need some form of Data Governance, but may struggle to establish a compelling vision to gain necessary buy-in from key stakeholders. The Datasource Data Governance Assessment puts the vision and value in clear business terms tailored to organizational needs. The assessment provides a clear case for action and a roadmap to progress from your present state to a brighter future. The Data Governance roadmap includes the following:

• Current Environment Analysis
• Stakeholder Survey
• Enterprise Data Framework (EDF)
• Approach Recommendation
• Staffing Recommendation
• Phased Data Governance Program Plan
• Supporting Technology Recommendations (optional)
• Data Governance Business Case (optional)

Data Governance Coaching

If you already have a Data Governance program but are concerned about flagging stakeholder support, overall direction or team fatigue Datasource can help revitalize your program. Depending on your needs, Datasource can work with you on one or more of the following.

• Program Evaluation
• Data Value Optimization Brainstorming
• Program Selling & Communications Plan
• Team Retraining

Data is created, consumed, and flows throughout your organization. If correctly understood, analyzed, and managed, data fuels insight and innovation and has transformative power. Without sufficient data governance, on the other hand, you can expect an inability to access needed information, inconsistencies in reporting metrics, fines and liability for compliance failure, uncertainty regarding data accuracy, commitment to costly aging systems, and a lack of operational agility.

Datasource guides clients through the challenges of establishing and strengthening data governance programs. Datasource’s pragmatic approach focuses on reducing data related costs and increasing the worth/value of data to optimize business value.

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Meet the experts: Schedule a call with one of our practice leads.