An evening talking Data Governance, my key takeaways

27 October 2023
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I'd like to share some straightforward insights from my recent visit to the Data Governance roundtable hosted by Raito. But first, I want to thank Raito for bringing us together. It's easy to underestimate the value of such gatherings, but the connections and fresh ideas they bring are priceless. So, thanks Raito for emphasizing the importance of these interactions. Here are three key lessons that I took away from the event:

1. We Need More Data Leaders

One significant lesson from the roundtable is the need for leadership in the data domain. To truly become data-driven, we need leaders at every level, from operations to strategy. These leaders aren't afraid to do what's right, even when it's against the grain. They make the tough decisions and ask the critical questions, setting apart impactful data initiatives from just functional ones. In simple terms, we need more data leaders!

2. Data Access Management is Key

The second lesson revolves around data access management. As data access becomes more critical, we need to ensure it's both scalable and secure. We discussed technologies like Raito that can help in this area. Organizations should focus on organizing, integrating, and governing data access to maintain agility, prevent privacy risks, and keep control over their data. So, lesson two: focus on data access management for scalability and security.

3. Federated Data Governance - Proceed with Caution

Lastly, we explored federated data governance, particularly in the context of data mesh. The idea is to have a lean, centralized organization that collaborates with different business lines. It's a promising approach, but it only works when there's a sense of ownership and maturity within the organization. Data teams play a crucial role in ensuring its success by guiding and supporting the business to take an active role. So, lesson three: federated data governance is promising but requires a mature approach.

In closing, I'd like to reiterate my thanks to Raito for this opportunity. If any of these insights resonate with you or if you have questions about data's untapped potential, feel free to reach out. You can contact me at [email protected]. Let's continue the conversation and navigate the evolving data landscape together.