DATA MANAGEMENT vs DATA GOVERNANCE- A REALISTIC COMPARISON
- 1. “ DATA MANAGEMENT DATA GOVERNANCE vs A REALISTIC COMPARISON © Copyright 2024. United States Data Science Institute. All Rights Reserved © Copyright 2024. United States Data Science Institute. All Rights Reserved We are moving slowly into an era where is big data the not the starting point, end. © Copyright 2024. United States Data Science Institute. All Rights Reserved Data management is all about the technical implementation of data processes and is tasked with data collection, storage, retrieval, and analysis. DATA MANAGEMENT - Peral Zhu, Innovative Global Leader, and Author DATA MANAGEMENT Governance Master Data & Metadata Management Database system Architecture Integration Definition Warehousing Transformation Source: Acceldata Core Facets: Data Storage Methods and technologies for data storage (e.g., databases, cloud). Data Integration Combining data from different sources for a unified view. Tools Databases, data warehouses, data mining tools. Responsibilities Data quality, security, and availability. Data Quality Ensuring accuracy, completeness, and reliability of data. Data Security Protecting data from unauthorized access and breaches. Data Lifecycle Management Managing data from creation to deletion. GOALS IDENTIFIED © Copyright 2024. United States Data Science Institute. All Rights Reserved DATA MANAGEMENT DATA GOVERNANCE Optimizes data storage and retrieval Improves operational efficiency Supports decision-making with accurate data Establishes accountability for data management Compliance and risk management Amplifies data worth and trust © Copyright 2024. United States Data Science Institute. All Rights Reserved Data governance targets strategic oversight of data; while performing tasks such as establishing policies, standards, and procedures. DATA GOVERNANCE DATA GOVERNANCE Data Architecture Data Warehousing & Business Intelligence Data Quality Management Database Management Metadata Management Data Security Document, Record & Content Management Source: Acceldata Core Facets: Reference & Master Data Management THE TWO-WAY BOND © Copyright 2024. United States Data Science Institute. All Rights Reserved While is about the technical aspects of handling data, data management data governance is about the strategic framework that ensures data is used effectively and responsibly. © Copyright 2024. United States Data Science Institute. All Rights Reserved © Copyright 2024. United States Data Science Institute. All Rights Reserved MASTER CORE DATA MANAGEMENT NUANCES WITH ® TOP USDSI CERTIFICATIONS BENEFITS OF STRONG DATA MANAGEMENT AND GOVERNANCE Improved Decision Making Operational Efficiency Higher Customer Satisfaction Reduced Risk of Data Breaches Better Regulatory Compliance Policies & Standards Rules for data handling and usage. Roles & Responsibilities Designating data stewards and custodians. Tools Governance frameworks, data catalogs, and data dictionaries. Responsibilities Data ownership, stewardship, and compliance. Compliance Ensuring adherence to regulations (e.g., GDPR, HIPAA). Data Stewardship Managing data assets and quality across the organization. Monitoring & Auditing Regular checks to ensure data governance policies are followed. COMPLEMENTS Data management executes the strategies defined by data governance. INTERDEPENDENCE Effective data governance requires strong data management practices, and vice versa.