What is a Data Governance Strategy?
A data governance strategy is a plan to ensure that data is collected, managed, and used in an effective and secure manner. It defines the roles, responsibilities, and processes for handling data within an organization. It helps to ensure that data is reliable and secure, and that it is stored and used in a way that complies with all applicable regulations and laws. The strategy also ensures that data is available and accessible to those who need it.
What's included in this Data Governance Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Data Governance Strategy template for?
This Data Governance Strategy template is for data professionals and teams that are looking to create an effective data governance strategy. It is an all-in-one solution that provides a framework for setting objectives, defining focus areas, and establishing measurable targets (KPIs) to achieve those objectives. It also provides guidance on how to implement projects that are related to the KPIs and ensure successful execution.
1. Define clear examples of your focus areas
Focus areas are the general categories that you want to focus on in order to achieve your goals. Examples of focus areas could be data governance, data quality, or data accessibility. Each focus area should have specific objectives that need to be accomplished in order to be successful.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved in order to accomplish your focus area. Examples of objectives could be to establish data governance policies, implement data governance policies, or develop data quality metrics.
3. Set measurable targets (KPIs) to tackle the objective
A KPI (Key Performance Indicator) is a measurable target that can be used to assess the success of your objectives. Examples of KPIs could include increasing the percentage of data governance policies created, or increasing the percentage of data quality metrics established.
4. Implement related projects to achieve the KPIs
Projects are the specific activities that need to be done in order to achieve the KPIs. Examples of projects could include establishing a data governance committee, developing a data governance plan, or implementing data quality controls.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution Platform can help you manage and track your data governance strategy. It allows you to easily monitor the progress of your KPIs and projects, and provides real-time insights into the performance of your data governance strategy. Utilizing the platform can help you see faster results from your data governance strategy.