I hope you liked it, Cara. I think any company working with data needs a data governance program. What will differ based on the size is its complexity, structure, framework. Especially as the company grows, it's good to grow with a good data foundation. Though most of the time, this doesn't happen and the company ends up investing into data governance down the line, but investing a lot more resources than if they would have invested on the onset.
Thank you so much for the clear distinction. It would be great if you can cover the topic about clear roles and responsibilities of data custodian, data steward and data owner with example and is there any overlap in responsibilities between them.
I just want to clarify why in your interpretation Data Governance is a part of Data Management and not vice versa? Data Governance deals with Policies and Standards, Compliance and Regulations, Risk Management and so on. While Data Management (even from your presentation), deals with all operational tasks (Clean, Secure, Defined & Understood, Transformed, Integrated etc.)? From my point of view Data Management should be part of the big Data Governance!
You are simply brilliant! I am trying to explain this to my Company. Best content creator out there, hands down! I am getting your course, no doubt about it…
Very good presentation, thanks! It would be nice to have a video on current data governance tools that are used to support data management and the data governance process.
Hi, I truly enjoy all your videos, It would be nice if you could cover the topic of Data Governance vs. Data Risk, What is the between the two of them, and how they complement each other?
I’m glad to hear that Lisa. Let me know if there are any other topics you would like me to cover in the future. And let me know what your colleagues are mentioning about it :)
I’m glad to hear that. I’m in the process of creating new videos so more to come, but let me know if there are any topics you’d like me to cover in the future.
I am new to this channel and thinking of learning more to consider this career path. I am currently into IT process management which deals with data visualization for hire up to make an informed decision. Thank you for sharing you knowledge.
Hello. I want to learn more about data governance and data management in banking/finance. Where is a good place to start? Looking to transition to a new role. Thanks!
Looking forward to having you as part of the course, MaRa. You can find out the details here: www.lightsondata.com/practical-data-governance-implementation/
Thank you for being an advocate of Data Governance! I have a question, if the business changes the hierarchy of their products, should we chanhe it in the source(ERP) as well?
Hi Grace, I need a few more details, but my first thought is yes if you have reports that depend on that hierarchy. You might also need to change some of the definitions for family of products.
Data governance is a part of data management. Usually it's about organization, policy and procedures. That's the view from DAMA(Data management association internal). But from Teradata or some other consulting companies, there is no "data management" concepton, they just call it DGS(data governance and stewardship).
The missing part is that many of the points inside the managed box depend on the process of defining how data is created. On my view many of the problems that have to be managed later could be completely avoided if taken into consideration at the moment data is created. Any later changes one applies to already collected data is a potential bias adder. Enterprises' stakeholders ultimately don't want data but information. These are not the same and the data fetish normally blinds people to this important distinction. This idea that data just exists and come inside a data team box that will manage this data simply misses the most fundamental part of the very existence of data, its creation (which is always a projection from a complex information landscape into a less complex one where information is always lost but in exchange some understanding is gained). This all happens inside a defined cosmology associated to an ontology and epistemology about the enterprise and the environment it is in and interacts with.
For sure, I'm not disregarding that in my video. All of those things need to happen across the data lifecycle, from its creation or acquisition all the way to its dissemination and even destruction.