Companies have become aware of the heritage represented by their data capital. However, the implementation of a real information governance strategy still raises many questions. Information governance is not a theoretical concept! In practice, its implementation is a prerequisite for enabling the company to enhance its data capital according to its specificities and goals.
What is an Information Governance Strategy?
Information governance is about regaining control of your data, and implementing a cross-organizational strategy. The aim is to have and manage clean data in order to gain efficiency. The work involves understanding the nature of the information, putting in place rules, standards and indicators to govern it as well as a dedicated organization with responsibilities. The data governance strategy will differ from one company to another. It must indeed respect the culture of the company, its objectives and the expectations of the businesses.
The Foundations of an Information Governance Strategy
The fundamental element of information governance is the business glossary. Data governance must be transversal to the organization. We must therefore share the most common definitions possible and then characterize what is behind it! There are standardized definitions as proposed by certain organizations, but they do not cover everything. The company must also create its own dictionary. This is a prerequisite for then being able to act on value levers such as quality.
Data quality is of course an essential component. Without quality improvement, it is impossible to bring your data to life and use it! The business must define the rules of quality, and that IT will apply them. Beyond the definition, the life cycle and circulation of objects must also be shared to limit business/IT gaps. The mapping of the Information System from a data point of view ensures that the links between all the objects, as well as their movements, are identified. The visualization of this circulation of information or data lineage will make it possible to represent its lifeline.
Who Develops the Information Governance Strategy?
Roles and organization are at the heart of data governance. This is why there are more and more players around data issues. Some of these new roles already existed and they have an official title like data engineer, data architect… However, some roles, in particular those oriented towards the business, are really part of this dynamic around data governance. You can call on a specialized company if you do not have these talents within your team.