What does "Data Governance" involve in organizational settings? 🔊
"Data Governance" involves the overall management of data availability, usability, integrity, and security within an organization. It encompasses developing policies, standards, and procedures to ensure that data is effectively managed and used in compliance with regulations and best practices. Data governance frameworks facilitate accountability and clarify roles concerning data stewardship, thus enhancing data quality and consistency. By implementing robust data governance practices, organizations can optimize their decision-making, reduce risks associated with data breaches, and harness the value of their data assets for strategic benefits.
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