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Data Governance

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OVERVIEW  

Whether you’re trying to jumpstart a new data governance initiative or are refining an existing one, ISI’s mentoring approach allows you to efficiently achieve your goals without requiring a large team of outside consultants. Built upon the reliable and widely respected framework developed by the Data Governance Institute (DGI), our streamlined, results-oriented process lets you and your data governance team eliminate the mistakes and do-overs that often result when attempting to reinvent from scratch the common best practices of data governance.

Our approach entails the following five essential practices for governing data:

  1. Set Goals – Capture the right information to identify your program’s drivers

  2. Engage Stakeholders – Identify champions, assemble work teams, and formulate your steering body

  3. Align Activities – Align your governance initiative to other types of governance in the organization and to high-priority initiatives

  4. Initiate Lifecycle – Establish an ongoing framework for managing your governance activities

  5. Communicate Achievements – Implement successful strategies for tracking milestones and sharing achievements with stakeholders

A key element of ISI’s approach is our proprietary Distributed Data Controls. These controls are used to monitor and measure data related to business requirements and provide a feedback loop for users to see how the data is trending. With them, your organization can approach data governance from an active, actionable standpoint instead of the traditional passive standpoint.

Our Distributed Data Controls can be applied to a variety of data governance business challenges. Organizations trying to reduce credit risk, for example, benefit by being able to produce the information needed to meet compliance requirements in a timely and cost-effective fashion.

ISI’s approach to data governance covers the full life cycle — from creation to deployment to monitoring — in a single offering.

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