Data Governance Framework: What it is and how to implement it effectively

shukla7789 · Post by **shukla7789** » Wed Jan 22, 2025 5:56 am

The Data Governance Framework encompasses a large number of processes. Find out what it is about and why business vision is key to implementing it.
Did you know that the Data Governance Framework encompasses a large number of processes and that it is not enough to know how to manage this data? In this note we will delve into the large number of interactions it involves, decision-making and many other associated processes.

Since new technologies became established within the business sector, new concepts emerged that became very important elements for the development of work. Among them, we learned to prioritize data governance , that is, define how all the information we have is managed, which is essential for business objectives.

Its importance lies in the fact that it is not a process with loan database we can reach the goal of everything we have set out to do, but rather it is more like a path along which we advance without ever stopping. And in this process of constant evolution is where the Governance Framework appears to guarantee reliable and quality data. However,

Only 3% of company data is quality data

Source: Harvard Business Review

Data governance and business vision
The data governance that every organization needs to implement and evolve at every step needs to be reflected in a clear business vision and objectives that anticipate how far it wants to go.

In this way, having a clear idea of the entity's objective, it is possible to outline the management of the available data. Of course, we are referring to optimal management so that we can reach that goal in a quick, simple and, above all, effective way. Therefore, the first step we must take is to define that line of business and then use that data as a fundamental means to reach the end we need.

The Data Governance Framework encompasses a large number of processes and interactions, decision making, and many other processes to achieve the business objective.