A Business Unit o strategic business unit is a part of the company that develops a set of activities for which It is possible to establish a different strategy from the rest of the company's activities.
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Today there are many companies organized with this system of Business Unit. Because of this, the complexity of systems and applications has increased., decision-making has been decentralized and the data has accumulated. Critical business information is often out of sync across the silos that make up each business unit, and this can generate conflicts between different systems.
Many times there is not a single data manager or governance data at the company level.
In this environment, availability and rapid access to data are ongoing issues and poor data quality erodes user trust. No consistent business data, accurate and reliable, an organization can make inaccurate decisions, misleading and incomplete that can have a lasting effect on performance and results.
Business unit for data governance: goal reconciliation
The way to align the business with data governance is by setting objectives. Examining the specific objectives of each one allows us to understand that, in reality, seek to achieve compatible milestones:
- Through data governance, the objective is to guide the collection and transfer of information, while establishing the necessary guidelines to ensure the quality of the data and carry out an adequate management of the same.
- The business is geared towards generating income, drive operational efficiency and reduce costs. To achieve these goals, data governance is essential.
Effective data governance controls and standardizes data management, but for their actions to be effective, It is advisable to designate a business unit, who will be in charge of ensuring safety, availability and consistency of information in the company. What's more, it must be guaranteed that:
- Business goals are achievable.
- There is an active participation between IT and companies.
- A consensus is reached on the data that is shared in the organization.
The implementation of the global data governance program will be the responsibility of the business unit designated for it... Its members must be carefully selected and endowed with the corresponding authority since, once in operation, decisions made by this team will prevail over all other data decisions made by other business units.
The organization must ensure that the business unit in charge of data governance has adequate resources. work with IT identifying problems, devising solutions and proceeding with their subsequent implementation. Profiles like:
- Data governance leader within the business unit.
- Business representative.
- Data management coordinator.
- Data owners.
The data governance team will span different functions, among which are the definition, maintenance, policy implementation and monitoring, processes and standards for ensure the reliability and sustainability of the data.
When the Business Unit designated for this task acts diligently, is achieved optimize the value of the organization's information assets, increasing visibility and enable the organization to more easily and accurately identify opportunities to increase revenue, reduce costs and improve productivity and efficiency.
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