Aristotle – “As it is not one swallow or a fine day that makes a spring, so it is not one day or a short time that makes a man blessed and happy.”
Restated – “We are what we repeatedly do. Excellence, then, is not an act, but a habit.”
After recording a bit from Paris, Gauthier Vasseur is back in Menlo Park, California for an episode on Data Governance. Data governance represents all of the practices, actions and policies that are necessary and put into place for getting good, clean data into he decision making process for business.
Some of the topics and we covered in this conversation:
Markets do not like uncertainty…neither do stakeholders.
A company, across divisions and departments gathers a lot of data.
What are some of the best practices for dealing with and organizing this data?
Who controls it? Is there a necessity for Data Departments that sit outside existing departments?
Data uniformity and why it matter for data usage and historical data gathering.
How does a company control internal data dissemination? Data fluidity matters.
Data control and external dissemination. Who gets access?
How does governance impact the most cost effective way to manage and use data?
How does internal company politics play a part?
How about KYC and compliance? Data protection and information protection becomes more important as more and more data gets collected.
What is the legal exposure to mishandled data?