Data Governance in the Corporate Sphere – Insights for Executives

Timothy Valihora is an IT consultant and the president of TVMG Consulting, Inc. For over 24 years, he has provided services to clients on technical architecture, data warehousing, data conversions, software development, and data governance. Timothy Valihora has worked with organizations on data governance projects, primarily relying on IBM InfoSphere DataStage and presenting over 30 documents to a client’s data governance office.

Business executives in the rapidly evolving data economy face the uphill task of maintaining ethical data practices while forestalling breaches. By implication, executives must align their organizations’ practices with data governance principles to reinforce data integrity.

Sensitization is paramount. Executives must come to terms with the importance of both structured and unstructured data. Subsequently, executives should put measures in place to enlighten employees about the need to approach both data classes with utmost care. Sensitization also involves executives revising data security policies and making the same available to the entire workforce.

Consequently, transparency and accountability are also core principles of data governance. Without these in place, corporations run the risk of diminished public confidence. Executives should also harmonize the various departments of their organizations to proffer diverse solutions to the corresponding challenges of data handling.