From this chapter, in addition, the previous ones, we continue to enhance our knowledge and understanding about IG best business practices, and how good data governance can ensure that downstream negative effects of poor data can be avoided and subsequent reports, analyses, and conclusions based on reliable, and trusted data could be achieved.
From the risk management perspective, data governance is a critical activity that supports decision-makers and can mean the difference between retaining a customer and losing one. On the same token, protecting your business data is protecting the lifeblood of your business, and improving the quality of the data will improve decision making, foster compliance efforts, and yield competitive advantages; hence, business profits would be earned.
To provide meaningful support to business owners, the Data Governance Institute has created a data governance framework, a visual model to help guide planning efforts and a logical structure for classifying, organizing, and communicating complex activities involved in making decisions about and taking action on enterprise data.
Primary Response:
With this framework in mind, that allows for a conceptual look at data governance processes, rules, and people requirements, identify and name the 10 levels of the DGI Data Governance framework from the Data Governance Institute.
Peer Response(s): Read the responses from your peers and offer a constructive critique or additional information that adds substantively to the discussions. Be sure to acknowledge any outside sources you use.
Your responses to other students must be more than a simple “Good job” or “I agree with your post.” They must also not just be “Let me add to your post…” Instead, your responses to each other should do three things:
1. Acknowledge the other student’s post with some form of recognition about what they posted
2. Relate their posting to something you have learned or are familiar with
3. Add to the conversation by asking additional questions about their post, or discussing their topic further
Remember, this is a discussion forum. Your engagement with each other should be similar to how you would speak with each other if you were seated at the same table talking.
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