A blog about Product Management, Data Management and Self-Driven Learning
The post discusses the importance of quality data in AI product management, outlining the DASUD model: Design, Acquire, Store, Use, and Delete. It emphasises defining success, collecting accurate data, securely storing it, ethical use, and timely deletion. Trust in data is crucial for effective AI implementation, ensuring good governance.
Data ownership and accountability are fundamental to a robust data governance framework. Without clear ownership, data can become disorganised, inconsistent, and vulnerable to misuse. Building a culture of data ownership and accountability ensures that data is managed responsibly and contributes to organisational success. Here's how to instill this culture within your organisation. Define Clear Ownership…
Effective data governance frameworks require executive support, defined roles, simplicity, user involvement, appropriate tools, and regular reviews. Organisations often overlook these aspects, leading to ineffective governance. By addressing common pitfalls, they can establish a robust framework that ensures efficient data management, compliance, and alignment with business objectives.
Many smaller organisations resist data governance due to perceived resource needs. However, effective frameworks can be established with strategic prioritisation and existing tools. Focusing on compliance, security, and quality, along with defined roles, incremental wins, training, and clear success metrics allows even resource-constrained entities to implement valuable data governance practices.
Data governance is essential for organisational efficiency, establishing data quality, and ensuring compliance with regulations. While challenging to gain leadership buy-in, its ROI is measurable through cost savings and improved decision-making. Effective communication about its advantages can secure necessary resources for successful implementation, framing it as a strategic investment rather than merely an IT initiative.
Nigel D'Souza 