What is data governance?

Hello All,
When i started learning MDM i came accross "Data Governance" many time.But i am not able to get this in real scenario.Kindly explain this in complete manner!
Jacks

Hi Jacks,
Data governance is the practice of organizing and implementing policies, procedures and standards for the effective use of an organization's structured/unstructured information assets.In this data is governed through many compliances and standards.MDM play a major role in that like in centralizing,harmonizing ,consolidation etc.
MDM helps in the following way:
SAP MDM allows us to create different types of fields and then set multiple properties of each the field to help maintain data standards.
u2022
A User-Role model for data stewardship helps manage data effectively and also impose security and data ownership.
u2022
Maintaining good quality data is one of the most important parts in Data Governance and fortunately SAP MDM provides extensive features like Validations, Assignments and De-duplication strategies for this.
u2022
SAP MDM provides very user friendly GUI to design and build work flows which help to streamline business process and adhere to various compliance policies.
Hope this may help u.
Rgds
Ankit
Edited by: ankit jain on Jul 23, 2008 2:05 PM

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