How to prepare your organisation for the new regulations
Information is at the heart of all organizations, like blood flowing through its arteries and veins. However, all too often Information is not professionally managed with the rigour and discipline that it demands. Nonetheless the implications of poorly managed information can be catastrophic, from legal and other regulatory sanctions ultimately to business collapse.
Not only is Data Governance important for improved business efficiency, flexibility and competitive advantage, in the era of increasing Information based Regulatory and Compliance rules it is essential. Every day we read about Data security and risk concerns, and these together with current and emerging regulations such as the Data Protection Act, BCBS239 and the General Data Protection Regulation (GDPR) mean that Data Governance is no longer optional.
How can we manage our data and prepare for these regulations? What is Data Governance and what are its implications? Is it all a massive “big bang” exercise or can we build Data Governance incrementally?
This training course will provide the rationale why Information Management is critical, and provide methods and practices for addressing key Data Governance challenges and equip organisations to address the challenges that increased regulatory scrutiny brings.
What you will learn
- Learn about the need for and application of Data Governance for different categories of challenges
- Understand the Data Governance implications of a variety of regulatory acts and how to prepare your organisation for compliance.
- Explore a Data Governance framework and understand how it aligns with other architecture frameworks o Understand the core concept of Information lifecycle management, the different stages and why they are important
- Understand the critical roles Data Governance plays in the Information disciplines of Master Data Management and Data Quality management
- Understand the Roles and Activities of the Data Owner and Data Steward
- Learn the different motivations for Data Governance and how best to implement DG approaches
- Develop a set of usable techniques that can be applied to a range of information management challenges o Learn the best practices for managing Enterprise Information needs
- Learn how to create Data Governance structures to address differing styles of organisational management.
- The relationship between Data Governance and the other Information disciplines
- Data Governance and IT Governance
- A pragmatic workable framework for Data Governance
- How to produce a pragmatic business case for DG linked to business objectives and the issues faced when Data Governance is not present
- Is Data Governance being too theoretical?
- Starting a Data Governance Program
- What are the Data Governance implications of various regulatory acts?
- The different Data Governance approaches from Process centric, to Data centric and more
- The typical roles, responsibilities, organization structures and principles for successful Data Governance
- The Roles, Responsibilities’ and Activities in Data Governance, particularly for the Data Owner, Steward, Custodian and Stakeholders
- Organisational models for different styles, sizes and cultures
- Keeping it going
- Data Governance metrics
- Building DG in bite sized pieces
- The Data Governance office (DGO)
- Examination of the categories of tools supporting Data Governance