What does “data governance” involve for organizations? 🔊
Data governance involves establishing policies, procedures, and standards that ensure the effective management of data assets within an organization. It addresses important aspects such as data quality, security, privacy, and compliance. Effective data governance enables organizations to make informed decisions based on reliable data, ensuring that data is used consistently and ethically across all departments. This framework also facilitates communication between stakeholders, enabling better data sharing and collaboration while reducing risks associated with data mismanagement.
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