Is inefficient data management stunting your company's growth?

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Bizmod News

Pavan Atluri,Data Management,Data Strategy

Data governance will not yield good results if business and IT strategies are not aligned with data strategy, says Bizmod's Pavan Atluri.

Is inefficient data management stunting your company's growth?Data culture needs to be promoted through all levels of management.

says as organisations, big and small, navigate the complexities of the digital age, many application owners within an enterprise still view data as a by-product of operation, as opposed to a pivotal driver of innovation and growth. “A data strategy is a roadmap that guides companies through the transformation journey of modernising their operations, and then governs how the data exists, is accessible, integrated, secured and of a quality that will ultimately assist and guide decision-making.”

In addition to the above alignment, he lists the following key steps for organisations establishing their data strategies:The placement of resources to oversee the data strategy within the organisational structure. Roles and responsibilities should also be clearly articulated and should be defined in such a way that it can be easily adopted by existing resources.The creation of data literacy among the users of the organisation, with a focus on mid-management for adaptability.

 

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