Book Image

Data Stewardship in Action

By : Pui Shing Lee
Book Image

Data Stewardship in Action

By: Pui Shing Lee

Overview of this book

In the competitive data-centric world, mastering data stewardship is not just a requirement—it's the key to organizational success. Unlock strategic excellence with Data Stewardship in Action, your guide to exploring the intricacies of data stewardship and its implementation for maximum efficiency. From business strategy to data strategy, and then to data stewardship, this book shows you how to strategically deploy your workforce, processes, and technology for efficient data processing. You’ll gain mastery over the fundamentals of data stewardship, from understanding the different roles and responsibilities to implementing best practices for data governance. You’ll elevate your data management skills by exploring the technologies and tools for effective data handling. As you progress through the chapters, you’ll realize that this book not only helps you develop the foundational skills to become a successful data steward but also introduces innovative approaches, including leveraging AI and GPT, for enhanced data stewardship. By the end of this book, you’ll be able to build a robust data governance framework by developing policies and procedures, establishing a dedicated data governance team, and creating a data governance roadmap that ensures your organization thrives in the dynamic landscape of data management.
Table of Contents (18 chapters)
Free Chapter
1
Part 1:Why Data Stewardship and Why Me?
5
Part 2:How to Become a Data Steward and Shine!
12
Part 3:What Makes Data Stewardship a Sustainable Success?

Valuing and protecting data as an asset

Valuing and protecting data as an asset is a cornerstone in the context of data stewardship. In the digital era, information is not just a by-product of operations, but rather, a vital asset that can drive growth, innovation, and competitive advantage. However, just like any other asset, data needs to be accurately valued and effectively protected to yield its maximum potential. A data steward is key in valuing and safeguarding data as an asset. They validate data quality, manage metadata, enforce data security, and set data governance rules. Consider an e-commerce firm that uses customer data for personalized marketing. If this data is flawed, the campaign could fail, causing lost sales. But with the data steward ensuring data accuracy, it becomes a valuable asset that enhances revenue growth. Similarly, in the health sector, inaccurate patient data can lead to serious medical errors, but with effective stewardship, it can enhance care quality...