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

Identifying quick wins

The Bank of the Midwest hired you as their chief data and analytics officer. You joined the company in the middle of Q1. After a bumpy Q4 and year-end closing process, the regulators discovered that the liquidity reporting used to manage the short-term cash position of the organization was full of inaccuracies. The primary regulator requested a full review of the report production, including all underlying systems and data flows, and a review of the company. This report is critical for banks because it compares their short-term assets (cash, convertible securities, and so on) and their short-term liabilities (deposits, short-term loans, and so on). By comparing the values, the bank is able to determine its ability to cover its obligations and avoid a liquidity event where the organization becomes insolvent.

You sat down on your first day with your manager: the chief operating officer. They explained that while your role as the CDAO is broader than addressing...