Data governance is an important practice in CPG, but it is often not considered a strategic priority. Here are five leading practices, along with a maturity model for companies that want to move from tactical to strategic data governance.
Data is considered a vital strategic asset, but for most companies, the lack of usability, integrity and availability of the data impedes the ability to harness its total value. Data governance can help, but requires these six factors for true success.
Data governance helps protect a company’s most important assets: knowledge and data. This in turn has an impact on decision-making, risk mitigation, and brand identity. Here are some of the key costs and benefits of data governance.
Apply these program and project governance models to your PLM project to help mitigate risk, remove obstacles and assign accountability.
To create a more dynamic and innovative IT function, consider building these capabilities.
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