From ratings of nearby restaurants to stock performance indicators, we constantly depend on information to help us make the right decisions in our daily lives. Whether we call it the information age, computer age, digital age, or new media age, there’s no doubt we live in an information-driven world.
As time passes, our reliance on useful, accurate, and available information continues to grow exponentially.
Especially within the context of the workplace, information can only help if it’s managed in a planned, efficient, organized, and well-orchestrated framework that is not only understood, but also well-sponsored throughout an organization. Enter: the data governance framework.
Information Technology: Contextualizing Data Governance
First, let’s take a look at how data governance fits within information technology (IT).
IT provides a means to arrive at efficient and convenient knowledge-based decisions that shape our daily lives, organizational strategies for large and small companies, as well as global economies. As a result, information has become one of the most valuable commodities.