View Data As A Shared Asset
Provides Proper Interfaces for Data Consumption
Analytics Must Follow The Data
Do Not Confuse Data Governance With Compliance
With growing public concern about data privacy and ever-evolving data privacy laws worldwide, the use and abuse of business data is no longer a technical issue.
Compliance is easy to describe:
- Does the organization’s use of data follow laws and legal guidelines?
- Are the processes subject to country regulations or international requirements?
It is based on compliance with the regulatory body to which the process that is being attempted is subject.
Governance, on the other hand, feels a bit paradoxical. Seeks to make decisions the right way:
- Do you follow the best processes?
- Are you complying with the policies and procedures defined in advance?
Therefore, they include not only the best practices but also the commercial ones.
It is possible to comply, without being well governed, that is, we can comply with all legal requirements, but it is unlikely that it will happen and even less likely that it will be sustainable. In this way, governance and compliance go hand in hand.