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?

Nurturing a data culture with a data mindset – case study #1

The aim of this chapter is to showcase real-world examples of the principles and practices we’ve discussed throughout the book. In this case, we will look at The Bank of East Asia (BEA), Limited (https://www.hkbea.com), a financial institution committed to fintech and digital transformation as a competitive edge. The BEA recognized the importance of data literacy across its organization and sought to instill a culture of data utilization among its staff.

The BEA faced several major pain points that needed to be addressed:

  • The primary challenge was to shift the mindset of employees at all levels toward embracing a data-driven approach in their roles
  • The bank also lacked a unified data language, which was critical in fostering effective communication and collaboration among the staff
  • Finally, the bank needed to ensure that it had the right tools and standardized data processes in place to successfully...