1) The document discusses how life sciences organizations are dealing with large amounts of data from various sources (big data) and the challenges this presents for data governance.
2) It recommends that organizations take a "democratized" approach to data governance, involving various business functions rather than just a centralized group.
3) Key aspects of data governance like organization structure, metadata management, and data security need to be realigned to accommodate big data through expanded roles and use of new technologies.