Data Quality – A Risk Based Approach

• Date: November 04, 2009

Management decisions are driven by data both internal and external. Data driven issues in GRC becomes more critical performance. Addressing this issue can be done in the following way:

• Linking good data management practices to measurable business outcomes
• Making sure the outcomes committed are inline with business strategy objectives

The key elements that govern proper data management initiatives are

• Clear vision
• Disciplined governance driven approach to investment
• Prioritization process
• Best practice driven integration methodology
• Management oversight and follow through

More insight on implications and emerging trends in data quality read on