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Data Quality – A Risk Based Approach
- Date: November 05, 2009
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Management decisions are driven by data both internal and external. Data driven issues in GRC becomes more critical performance. Addressing this issue can be done in the following way:
- Linking good data management practices to measurable business outcomes
- Making sure the outcomes committed are inline with business strategy objectives
The key elements that govern proper data management initiatives are
- Clear vision
- Disciplined governance driven approach to investment
- Prioritization process
- Best practice driven integration methodology
- Management oversight and follow through
More insight on implications and emerging trends in data quality read on
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