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Data Governance
Data governance refers to the use, manipulation and control of data. It is the set of procedures and accessibility frameworks that manages data. This may include rules on how data can be used, displayed, shared and interpreted. Data governance is a particularly important component of many industries. It is also highly important to understand fields that manage confidential data.
What Small and Midsize Businesses Need to Know About Data Governance
Small businesses will typically need some sort of data governance procedure. This may include how data is shared and who accesses data. This is very important, as there is data that simply should not be publicly or easily accessible. A failure to have appropriate data governance procedures may result in inappropriate use of data. It can also result in bad data-based decisions. If data is wrongly shared, it may also result in reputation damage.
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