Data Governance Management Some Insights Tony Hodgson Data

Data Governance & Management Some Insights Tony Hodgson

Data Governance and Management – Book Content • Main Body • • The Information Environment DG&M Model Justifying the Investment Implementing DG&M Data DG&M Controls Organising for Success Recruitment • Appendix • • • • DG&M Glossary Information Environment Model DG&M Maturity Model Metadata Model Information Strategy Content DG&M Policy and Risk Summary RACI Model Terms of Reference Capability Specifications Info. Sec Policy List Selecting Data Owners and Stewards Product Breakdown Structure Sample Policies 2

Data Governance and Management • Should we call this Data Governance and Management or Information Governance and Management? • The terms data and information are used interchangeably in the business world but I believe there is a fundamental difference: • Data is the lowest level that a business unit or function collects, uses and retains details about themselves, their customers, their trading environment, in fact anything which is of importance to their business. Data is collected as an integral process of doing business and can be stored and used in both a structured and unstructured format. • Information is data either in its raw form or derived in some way that has context and meaning; and is presented, stored and use to inform the business. Information has to be presented whether from a structured or unstructured source in a format that can be understood and applied. 3

Competitors Consumers Strategic Management Information Regulatory Reporting Regulators Shareholders Suppliers Partners Set Strategy Strategic Plan Performance Management Planning / Management Information - Forecasting Group Financial & Statutory Reporting Plan Operations Plan Operational Control Customers Services Suppliers Information Consumers Execute Operations Business Partners Business Users Process Data Marketing & PR Evaluate Performance Process Improvement Information for Control Community Learning Information Manage Knowledge for Improvement Knowledge Resources Deliverable Information 4

Information Environment 5

Information Environment 6

Data & Information Materiality 7

Business Reasons for DG&M • A leadership convinced of the importance and value return. • Responding to a specific compliance requirements. • Taking the opportunity to develop a broader control of data and information. • Small steps approach developing some capability and demonstrating the benefits. • Strategy based approach aligned with business objectives and outcomes. • Definition of the final outcomes and benefits at the outset. 8

DG&M Implementation Approach • • • Assessment Driven. Data Quality. Regulatory. Digital. Applications. Technology. Reporting/Insight. Analytics/Data Science. Comprehensive. 9

Tony Hodgson Independent Data Governance and Management Consultant tonyhwar@aol. com 07979 707904