Data management and governance
Data drives key business decisions, and for confidence and trust in that data you need effective data governance. But complex organisational models and one-size-fits-all policies often fail to manage what’s important. What’s needed, is a clearer picture. Managing the risk in data is essential, but great data governance goes far beyond this, and develops an environment which realises the full potential data can have for your business.
Improving trust in your data
We have more data now than ever before, and better tools for data analysis. Using data effectively can make the difference between success and failure in business. We all need to be thinking about data integrity and to be concerned about how we use data. Organisations which feel confident about the underlying data used by their systems are able to rely upon it to make decisions, highlight opportunities and identify and manage risks. They can be agile, because they feel comfortable with their data and know that it meets their business needs.
Using operational data to drive business decisions
In today’s competitive environment, businesses are under pressure to reduce costs while improving the effectiveness of their operational delivery – usually through optimising demand and supply across their value chain. Globalised and interconnected value chains create a level of complexity that requires sophisticated real time decision making. However, many teams are not armed with the level of insight required to make these decisions.
As organisations of all types know, compliance with international privacy regulations has become increasingly challenging. Not to mention keeping up with the nonstop stream of changing technology and uses of data.
With the ability to transfer and exchange vast amounts of personal data across continents and around the globe in fractions of seconds, the need for legislative change is clear. The General Data Protection Regulation (“GDPR”) is the modern age answer to ensuring all organisations processing personal data are held accountable for ensuring our fundamental right to the protection of personal data is upheld.