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Unlock Your Data Assets for Scale with Data Governance

Accelerate your path to data that is secure, trusted and competitive

Data Governance – The key to scaling your data

Most companies struggle to capture the enormous potential of their data.

Typically, they launch massive programs that try to meet the needs of every data end user or have individual application-development teams set up customized data pipelines that can’t easily be repurposed.

Firms instead need to figure out how to craft data strategies that deliver value in the near term and at the same time lay the foundations for future data use.

Growing reliance on Data Governance

Gartner states that through 2025, 80% of organisations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.

Despite awareness of the costs of poor quality data, a Decision Inc. survey revealed that the majority of companies believe they are not living up to their data and analytics potential.

Data governance is more relevant now than ever, as companies move to data-driven strategies:

poor data
poor data

Data governance is more relevant now than ever, as companies move to data-driven strategies:

Regulatory compliance

Dependence of reporting and analytics on data

Dependence of automation on data

Increased focus on trust and security

Move towards open data

Commercialising data

What is Data Governance?

Data Governance involves control and organisation of data in a way that gives peace of mind to executives and business users.

what is data governance

Components of a Data Governance Strategy

Productivity: Ensuring my team has the data they need to be most effective.

Risk Management: Ensuring my data is safe and compliant and the right people are using it.

Opportunity: Unlocking my data assets for scale.

    data goverancne components

    OUR IMMERSIVE ENGAGEMENT APPROACH

    DATA GOVERNANCE ACCELERATOR

    DECISION INC. DATA GOVERNANCE ACCELERATOR

    Our immersive approach to Data Governance

    Our approach to Data Governance helps companies scale their data programs rapidly.

    The Data Governance Accelerator is a program that drives alignment across the business and enables real progress to be made quickly.

    Through our immersive approach, we help you accelerate your data governance in 3 practical steps:

    data governance methodology

    Our approach aims to simplify and fast-track the road to Data Governance

    DGA

    Shorten the as-is analysis

    Reduce the scope through prioritisation – start with the critical data

    DGA

    Identify where to start, using our industry experience and assessment of your key issues

    DG

    Sustainable processes and an enabled team

    1. Scan & Prioritise

    Identify Key Concerns &

    Critical Data

    Our Scan and Prioritise process leverages experiences over the last 15 years of Data Practices to enable the clients team to unpack the current environment and establish the baseline for the As Is State.

    Actions: Perform a Data Quality Assessment 

    Outcomes: Defined Scope and Methodology

    scan and prioritize

    Example Data Quality Assessment. Source Gartner, 2021

    2. implement

    Develop & Deploy

    Establish a technology capability to manage and scale the capability across the business.

    Determine the technology best suited for your key issues.

    Actions: Determine The Technology and Processes

    Outcomes: Developed and Deployed Tools and Processes

    data governance implementation

    3. enable

    Develop Repeatable Model & Enable Workforce

    Build scalable processes and approaches that the organisation can leverage to run a best practice environment.

    Actions: Workshops and Material to Up-skill and Define Roles

    Outcomes: Empowered Team to Continue the Process

    data governance enable

    customer success story

    A success story with a leading financial service provider in South Africa

    The Problem

    One of the leading financial service providers within South Africa was struggling with:

     

    • Data quality
    • Data inconsistencies
    • Direct impact on the accuracy and completeness of reporting
    • Multiple transactional systems
    • No formalized data strategy
    cases tudy
    data governance story

    The Solution and Value

    Decision Inc. developed and implemented a data quality strategy to support the client in improving their data capability.

     

    • A data quality dashboard to profile the transactional data
    • Informed the data cleansing process
    • Monitor improvements in the data
    • Drill into details of owners to maintain accountability

    Get In Touch

    Let us assist you with your Data Governance Journey

    Waterfall Corporate Campus, 74 Waterfall Drive, Waterfall City

    +27 11 025 2300