Data governance encompasses the policies, processes, and controls established within an organization to ensure the effective management, quality, security, and compliance of its data assets throughout those assets' lifecycle. It involves defining roles and responsibilities for data management, establishing standards and procedures for data collection, storage, and usage, and implementing data quality assurance, metadata management, and access control mechanisms. Data governance aims to align data management practices with business objectives, mitigate data misuse or loss risks, and foster trust in data integrity and reliability among stakeholders. By enforcing consistent and transparent data practices, data governance enables organizations to maximize the value of their data assets, support regulatory compliance, and drive informed decision-making.
Source: Robert Steiner, https://www.youtube.com/watch?v=QjdIH2dbIlI This work is licensed under a Creative Commons Attribution 3.0 License.