Data Strategy
Components to Data Governance
Definition
- High-level course of action to achieve high-level goals
- Data strategy is a data management program strategy a plan for maintaining and improving data quality, integrity, security and access
- Address all data management functions relevant to the organization
Elements
- Vision for Data Management: The overarching vision guiding data management efforts.
- Summary Business Case: A brief overview of the business case for implementing data management, including its benefits and rationale.
- Guiding Principles and Values: Core principles and values that drive data management practices and decision-making.
- Mission and Long-Term Goals: The mission and long-term directional goals of data management, outlining what the organization aims to achieve.
- Management Measures of Success: Criteria and metrics used to measure the success of data management initiatives.
- Short-Term Objectives: Specific short-term objectives for the data management program.
- Roles and Responsibilities: Descriptions of data management roles and business units, including their responsibilities and decision rights.
- Program Components and Initiatives: Details on the various components and initiatives of the data management program.
- Implementation Roadmap: An outline of the data management implementation roadmap, including key milestones and timelines.
- Scope Boundaries: Definition of the scope boundaries for the data management program, specifying what is included and excluded.