Tag Archives: effectiveness
In this video, Rob Karel, vice president of product strategy, Informatica, outlines the Informatica Data Governance Framework, highlighting the 10 facets that organizations need to focus on for an effective data governance initiative:
- Vision and Business Case to deliver business value
- Tools and Architecture to support architectural scope of data governance
- Policies that make up data governance function (security, archiving, etc.)
- Measurement: measuring the level of influence of a data governance initiative and measuring its effectiveness (business value metrics, ROI metrics, such as increasing revenue, improving operational efficiency, reducing risk, reducing cost or improving customer satisfaction)
- Change Management: incentives to workforce, partners and customers to get better quality data in and potential repercussions if data is not of good quality
- Organizational Alignment: how the organization will work together across silos
- Dependent Processes: identifying data lifecycles (capturing, reporting, purchasing and updating data into your environment), all processes consuming the data and processes to store and manage the data
- Program Management: effective program management skills to build out communication strategy, measurement strategy and a focal point to escalate issues to senior management when necessary
- Define Processes that make up the data governance function (discovery, definition, application and measuring and monitoring).
For more information from Rob Karel on the Informatica Data Governance Framework, visit his Perspectives blogs.
Imagine you have a crystal ball. With it, you can look into the future and see where your business will be next year, whether or not that key project will be a success or failure. You could take corrective actions today that would help ensure that success. Life would be great.
Unfortunately, we don’t have a crystal ball so we have to embark on projects not knowing with any degree of certainty whether they will succeed or fail. Fortunately, we can increase our chances of success by conducting some due diligence which helps uncover otherwise unforeseen twists in the road. All too often, however, the due diligence step is left out and projects more often than not fail. (more…)