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Data Governance Program

The Data Governance Institute defines “data governance” as

...Have you experienced ‘analysis paralysis’ – as data has become more easily available, do you find that information is harder to come by?

Data Governance (DG) involves the people, processes, and technology necessary to create a consistent and appropriate transfer of an organizations data throughout the business enterprise. The reasons for implementing DG are usually related to adding value to the data, managing data complexity, reducing regulatory compliance risk, or minimizing security risks.

When organizations develop DG plans they often will also undertake some level of Master Data Management (MDM) plan. A simple definition of MDM is that it is a set of processes and tools for consistently defining and managing an organizations data. In particular there is a focus on increasing consistency of “Master Data” such that duplicate data does not reside within the organization and there is a single source of “truth” from stored data.

Your organizations data is one of its greatest assets but managing the processes, people and technology that are responsible for this data requires an actionable plan that promotes data consistency, quality and security while enforcing staff responsibilities and accountability.

 

  • Assessment of the current data environment
  • Data Governance plan
  • Data Governance Implementation plan
  • Master Data Management implementation plan
  • New or updated organization SOP’s
  • Data Governance training and mentoring

 

 

  • Every client receives the support, knowledge and experience accumulated across all ThotWave consultants
  • ThotWave focuses on organizations in regulated industries and understands the unique demands and constraints such industries must operate within
  • ThotWave consultants have successfully guided multiple organizations through Data Governance Implementations

 

 

  • Increase the quality and efficiency of operational decisions
  • Reduce operational friction
  • Protect the needs of data stakeholders
  • Staff is trained to use standard operating procedures
  • Data use will follow a consistent process
  • Reduce duplicated efforts across duplicate data sources
  • Ensure transparency when interacting with the organizations data
  • Improve your organizations regulatory compliance

 

The length of Data Governance project s can vary greatly depending upon the scope of the project and the size of an organizations information technology environment.

 

Implementing Data Governance and Master Data Management process in your organization may seem like a daunting task but ThotWave is here to guide you from initial assessment to enterprise implementation.

Copyright © 2010 ThotWave Technologies LLC

thinking data® BI Roadmap Series

At ThotWave, we have been focused on delivering business intelligence (BI) capabilities for more than a decade. We've delivered solutions to customers in Life Sciences, Healthcare, Financial Services and other industries. ThotWave consultants have contributed our THOT leadership by having written hundreds of white papers and articles, and given presentations at industry conferences throughout North America and Europe. Our unique thinking data® methodology is redefining how you make your data more predictive, simple to access, easy to use and understand.

We think it's time for users of Business Intelligence technology to be able to think differently about how to get more value from their data. Coming soon, you'll see a brand new web site that helps you understand what you need to know about business intelligence, data integration and analytics - regardless of where you are on the road to better business intelligence.

More on thinking data® coming soon! In the meantime, if you have any questions, comments or just want to share your perspective on BI, drop us a line!

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