Data Governance - Page 2

Data Governance refers to the overall management of data availability, usability, integrity, and security within an organization. It encompasses the policies, procedures, and standards that govern how data is collected, stored, processed, and utilized. The primary objective of data governance is to ensure that data is accurate, consistent, and trustworthy, enabling informed decision-making and compliance with regulations.A robust data governance framework includes defined roles and responsibilities, data stewardship, and processes for data quality management, as well as compliance with laws and organizational policies. It establishes clear guidelines for data ownership, accountability, and access rights while promoting ethical data use and protecting sensitive information.Effective data governance supports an organization’s strategic goals by fostering data-driven decision-making, enhancing operational efficiency, and minimizing risks related to data mismanagement. It plays a crucial role in building a data culture within organizations, where data is treated as a valuable asset that drives business value and innovation.