When it comes to data governance policy, companies are aware they need one, but few of them know where to start. A lot of them are at a crossroads when it comes to creating a policy that works for their organisation. But the first instinct of reaching to a standard policy wouldn’t work because it won’t meet your corporate strategy.
Data quality is considered as the highest commandment in data management. And it’s with a strong purpose. Only quality data is useful data, and to be quality it must be consistent and unambiguous. All data that is gathered, stored and consumed during business processes directly impacts the success of the business.
As early as 2006, Gartner predicted that 90% of organisations would fail in the efforts to implement data governance. And today, these predictions have become reality. According to David Dadoun, Senior Director Business Intelligence and Data Governance at Aldo Group, only 10% of organisations that have deployed data governance are going to get any value from it. This leads us to ask: why is that?
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