Tips for Successful Data Governance for Better Business

With the boom in e-commerce, there has been a growing demand for improved data governance in the online business industry. Protecting customer data has become imperative with more and more users getting connected online today. This has led to most companies turning to specialist companies for better data governance methods. Besides protecting consumer interests, better data governance through data cleansing and use of advanced data quality tools, can help you boost the growth of your business. Here are a few tips that you could use to enhance the data governance in your company:

Get an able data steward

A data steward is a person who is responsible for the overall management of your company’s data. A data steward is responsible for a wide variety of functions ranging from sourcing to implementation and management of the data assets in your company. Create a team to help the data steward to lay down data stewardship guidelines for the company

Taking stock of the inventory

The data steward and his team can then review the current practices of data management in the organisation to identify strengths and weaknesses. This analysis will help the team draw up a roadmap to the position where it wants the organisation to be in a few years. This also helps them in identifying threats that could cause harm to the organisation’s data assets.

Evaluating data

The most important task that the data steward and his team will undertake is the evaluation of data. It is impossible to identify the threats and dangers to your data assets unless the value of your data asset is known. While taking stock of the existing data and practices followed, the team will evaluate your data and then design a strategy for its protection and utilisation.

Charting the road map

Once the analysis is complete, the team can then draw up a plan, based on their observations on how to overcome loopholes and strengthen the data governance strategy for the organisation. An industrious business owner will not only want his data to be protected but also managed well so as to enhance business growth. The data steward and his team can help you in achieving this with their futuristic roadmap for more efficient data governance.


Jessica Banks is an expert on data governance services. She often blogs on data governance and related subjects on leading technology websites.