Book Image

Data Governance Handbook

By : Wendy S. Batchelder
Book Image

Data Governance Handbook

By: Wendy S. Batchelder

Overview of this book

2.5 quintillion bytes! This is the amount of data being generated every single day across the globe. As this number continues to grow, understanding and managing data becomes more complex. Data professionals know that it’s their responsibility to navigate this complexity and ensure effective governance, empowering businesses with the right data, at the right time, and with the right controls. If you are a data professional, this book will equip you with valuable guidance to conquer data governance complexities with ease. Written by a three-time chief data officer in global Fortune 500 companies, the Data Governance Handbook is an exhaustive guide to understanding data governance, its key components, and how to successfully position solutions in a way that translates into tangible business outcomes. By the end, you’ll be able to successfully pitch and gain support for your data governance program, demonstrating tangible outcomes that resonate with key stakeholders.
Table of Contents (24 chapters)
1
Part 1:Designing the Path to Trusted Data
7
Part 2:Data Governance Capabilities Deep Dive
14
Part 3:Building Trust through Value-Based Delivery
20
Part 4:Case Study

Scenario - highly regulated entity – banking institution

Over the last several years, data in financial institutions has moved from being a risk that needs to be controlled to recognizing that data assets represent strategic sources of insight to be leveraged across the enterprise. The role of Chief Data and Analytics Officer (CDAO), therefore, has moved from being more focused on the defensive angle to data and analytics (preventing bad things from happening) to offensive (using data and insights to drive additive revenue and customer experiences to the company). This change has moved the CDAO into the role of being a trusted business executive and out of the back office.

For the purposes of this case, we will look at The Bank of the Midwest. The Bank of the Midwest is a fictitious company serving approximately 25 states in the middle of America. It provides core financial products to its customers including checking, deposit accounts, retirement services, personal banking...