Managing Data efficiently

Shikha SaxenaJun 20 · 3 min read

Data Governance at its core, is an important, inherent process to efficiently manage huge inflowing and outflowing data, in an organization. This process keeps on changing according to organization needs and requires frequent updates, in terms of adding new data and erasing obsolete ones and updating and maintaining existing ones. Safe storage and exchange of Data through international boundaries; in and out of local organizations is an enormous task required for smooth working of an organization. Continuous data maintenance, extraction, cleansing, storage and management of Unstructured and Structured Data is not a one time effort. Instead, strategic Data Governance, is an ongoing iterative process, for enterprise continuity.

Advent of technologies and social media communications has increased the inflow of data enormously which need to be managed efficiently at organizational and operational level.

Not only management, next step involves effective storage and data security with an addition to data privacy and encrypted data usage further down the channels.

All these reasons are the cause, why most organizations are adopting digital transformation, to change with changing business requirements.

Digital Transformation

Organizations are working in multiple ways, for changing how they work around data, to maximize customer experience, improve business models and leverage business intelligence.

Financial services, Healthcare, Retail services, Telecommunications and Government organizations all need Digital Transformation and up-to-date Data Governance policies in place, to cope up with increased data flow, from various digital applications, social media, wearables and other IoT devices.

Data governance policies play their role to protect data by slowing or preventing its access. Policies should be such that to prevent data theft, though at the same time, provide data in timely and trusted ways to intended customers, to maximize the data usage to the relevant parties.

Data Governance Strategies

Data management and provision of trusted data at the speed of business needs, to prevent missed opportunities, is what Data governance is all about.

Data governance framework is a set of rules, policies, people and processes to keep all organization and business people on the same page.

Different strategies come into play while making decisions about how and through which pipelines and channels, an organization will maintain data flow.

Proactive compliance with rules, regulations and policies, trustworthy and transparent team players, are some solid pillars, so that an organization can rely on them and confide in, for data privacy and security.

Data in hands of trusted data official/steward lessen the chances to data theft and compromised data, to facilitate business, to be involved in revenue generating tasks, in a seamless manner.

Quality controlled, precise and accurate data helps in making sound business decisions.

Data storage, updates, continuous monitoring and iterations enable business, to take effective decisions for business continuity!

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• Data
• Data Governance
• Organization
• Enterprise Technology
• Management And Leadership

WRITTEN BY

Shikha Saxena

A Technical Writer, an artist and blogger by choice. Passionate about reading , writing and editing. http://www.shikhasaxena.com and https://www.dnabox.co/

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