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How data governance frameworks can leverage data-driven decision making

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Detalhes bibliográficos
Resumo:With the technological advances, organizations have experienced an increasing volume and variety of data, as well as the need to explore it to stay competitive. Data governance (DG) importance emerges to support the data flow, to record and manage knowledge derived from data, as well as establishing roles, accountabilities, and strategies, which further results in better decision-making. Through the definition of strategies to manage data in a consistent manner, data governance establishes the path to an enterprise-wide standardization, providing unchallenging access, management, and analysis of data to derive useful insights. Research on data governance frameworks is limited and lacks a key perspective: how can firms ensure sustainability on their programs. Data governance programs can only be continuously valuable if supported by a holistic framework focused on sustainability. To understand this gap, five frameworks are presented, analyzed and evaluated according to an assessment matrix based on eleven critical success factors (CSF) for data governance. As a result of this study, where we offer a more comprehensive assessment tool, both researchers and practitioners can understand the maturity level of each CSF in the reviewed frameworks and identify which areas need further exploration and how to accomplish higher data governance maturity levels.
Autores principais:Bento, Patricia
Outros Autores:Neto, Miguel; Corte-Real, Nadine
Assunto:assessment matrix Data governance framework decision-making information management strategy sustainability value creation Computer Networks and Communications Information Systems SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure
Ano:2022
País:Portugal
Tipo de documento:documento de conferência
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:With the technological advances, organizations have experienced an increasing volume and variety of data, as well as the need to explore it to stay competitive. Data governance (DG) importance emerges to support the data flow, to record and manage knowledge derived from data, as well as establishing roles, accountabilities, and strategies, which further results in better decision-making. Through the definition of strategies to manage data in a consistent manner, data governance establishes the path to an enterprise-wide standardization, providing unchallenging access, management, and analysis of data to derive useful insights. Research on data governance frameworks is limited and lacks a key perspective: how can firms ensure sustainability on their programs. Data governance programs can only be continuously valuable if supported by a holistic framework focused on sustainability. To understand this gap, five frameworks are presented, analyzed and evaluated according to an assessment matrix based on eleven critical success factors (CSF) for data governance. As a result of this study, where we offer a more comprehensive assessment tool, both researchers and practitioners can understand the maturity level of each CSF in the reviewed frameworks and identify which areas need further exploration and how to accomplish higher data governance maturity levels.