Data is a driving force for high-performing organizations that tap into data insights to understand customers, develop new products and services, and improve operational efficiency by reducing costs and risks.
Data, however, can only be effectively leveraged when managed through strong partnerships between business and IT leadership to avoid unwanted overlaps in technologies, inconsistent data, and inconsistent decisions.
Develop a data governance program to clearly define structures that govern users of your data and the data itself with guidance from our professionals. Properly align data with internal roles and responsibilities and your organization’s objectives to help improve your data’s quality, availability, security, and consistency.
Benefits of Data Governance
Effective data governance structures can help your organization access a high volume of quality data that can be leveraged to identify business trends, forecast growth, and drive value to the organization. Data governance provides the foundation to enable-decision making based on complete and accurate data.
Data governance can also help ensure data used within the organization supports business processes and reduces time spent managing its quality and availability.
Adding data to an environment without a strong governance program risks increasing ongoing costs to fix issues and limits its potential advantages.
Customized Guidance and Solutions for Your Data
Managing data is a complex, highly variable endeavor that should be tailored to how your organization acquires and uses data and its maturity, strategy, vision, culture, and other specific challenges.
Our professionals can help you manage and leverage these factors so you can get more from your data.
Key support areas include to help you:
- Design and implement data management programs
- Assess your current data-maturity level and fill in identified gaps
- Define your data vision, goals, governance principles, and critical success factors
Treating data similar to other assets can help assess what your organization possesses, what it can help accomplish, and how to best use it to achieve your strategic goals.
Develop Strategic Frameworks
By implementing frameworks for your organization such as the Data Management Body of Knowledge (DAMA-DMBOK), we can outline key features and guide data management practices to help you align data to your strategic and operational needs.
The DAMA-DMBOK framework brings together materials that comprehensively describe the challenges of data management and how to meet them to:
- Define a guiding set of principles for your data management and describe how to apply principles within data management functional areas
- Provide a functional framework for the implementation of enterprise data management, including widely adopted practices, methods and techniques, functions, roles, deliverables, and metrics
- Establish a common vocabulary for data management concepts and serve as the basis for best practices for data management professionals.
Expansive Data Governance Expertise
Deeply immersed in more than 30 industries, our professionals provide intel specific to the nuances, challenges, and operations of the sector in which you operate.
Taking a holistic, hands-on approach to your data needs, we analyze, evaluate, and provide feedback over your strategies to help move your organization further along its data maturity curve, rather than simply providing solutions in one area.
We guide a range of clients through the key phases of data maturity, from early start-ups to publicly traded Fortune 100 companies.
Our membership in Praxity, AISBL—a global alliance of independent accounting firms—also keeps us connected with like-minded firms across the globe who can help provide local, international insight into all considerations of implementing data strategies.