The role of the business unit in Data Governance

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shuklarani621
Posts: 782
Joined: Tue Dec 03, 2024 4:12 am

The role of the business unit in Data Governance

Post by shuklarani621 »

Find out why designating a business unit for data governance is essential to align objectives within the organization.
A business unit or strategic business unit is a part of the company that develops a set of activities for which it is possible to establish a strategy different from the rest of the company's activities.

Today, many companies are organized using this business unit system . Because of this, the complexity of systems and applications has increased , decision making has become decentralized , and data has accumulated . Critical business information is often not synchronized across the silos that make up each business unit, and this can lead to conflicts between different systems.

Often there is neither a single data manager nor data governance at the company level.

In this environment, data availability and rapid access are linkedin database issues, and poor data quality erodes user trust . Without consistent, accurate, and reliable business data, an organization can make inaccurate, misleading, and incomplete decisions that can have a lasting effect on performance and results.







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Business unit for data governance: making objectives compatible
The way to align business with data governance is through goal setting. Examining the specific objectives of each allows us to understand that, in reality, they seek to achieve compatible milestones:

Data governance seeks to guide the collection and transfer of information, while establishing the necessary guidelines to ensure data quality and carry out appropriate data management.
The business is geared towards generating revenue, boosting operational efficiency and reducing costs. Data governance is essential to achieve these goals.
Effective data governance controls and standardizes data management, but for its actions to be effective, it is advisable to designate a business unit that will be responsible for ensuring the security, availability and consistency of information in the company. In addition, it is important to ensure that:

Business objectives are feasible.
There is active participation between IT and business.
A consensus is reached about the data that is shared within the organization.
Implementation of the data governance program at a global level will be the responsibility of the designated business unit . Its members must be carefully selected and provided with the appropriate authority, since, once in place, decisions made by this team will override all other data decisions made by other business units.
yadaysrdone
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Re: The role of the business unit in Data Governance

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