Scenario: A company is considering implementing a data governance framework but is unsure of where to start. Provide recommendations on the key steps they should take to successfully implement the framework.
- Conducting a data inventory and assessment to identify critical data assets and their usage across the organization.
- Developing data governance policies and procedures aligned with organizational goals, regulatory requirements, and industry best practices.
- Establishing a data governance council comprising stakeholders from different business units to oversee framework implementation and governance activities.
- Implementing data governance tools and technologies to automate data management processes and enforce governance policies.
To successfully implement a data governance framework, the company should start by developing comprehensive data governance policies and procedures. These policies should be aligned with organizational goals, regulatory requirements (such as GDPR, CCPA), and industry best practices. Additionally, conducting a data inventory and assessment to identify critical data assets and their usage is crucial for understanding data governance needs and priorities. Establishing a data governance council comprising stakeholders from different business units can provide governance oversight and ensure cross-functional collaboration.
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