that drives business insights, innovation, and competitive advantage. Just as financial and physical assets are managed carefully, data must also be governed to maximize its value while mitigating risks. Data serves as the foundation for decision-making, enabling organizations to understand customer needs, streamline operations, and predict trends. However, without governance, data can become unreliable, inconsistent, and vulnerable to security breaches, leading to poor decisions and regulatory risks.
What is data governance and why is it important?
Data governance is the process of managing the availability, usability, integrity, and security of data in an organization. It involves setting policies, roles, and responsibilities to ensure data is accurate, consistent, and used responsibly across the organization.