Category: risk management

When you outsourced your data management, did you also add new risks to your business?

A recent Associated Press headline touted that a Study warns US must develop cyber intelligence.  Being that Information Security is one of the pillars of Information Governance, the article should raise alarm bells for some businesses. Many businesses have been so intent on containing costs, that in the rush to outsource more and more of [...]

Monday September 12th, 2011 in Cloud Computing, Data Governance Fundamentals, Data Management, risk management | No Comments »

Has your ability to manage risk scaled with your systems?

Funny thing about large data systems, everyone knows the benefits scale due to the application of technology, but many companies turn a blind eye to the fact that so do the risks. Complacency and arrogance (C&A) team up to teach us occasional lessons to learn from, and if the screw-up in grand enough it may [...]

Tuesday May 31st, 2011 in Data Quality, Idle Thoughts, risk management, Uncategorized | No Comments »

Value Proposition: Why do I need to do Data Governance now?

Recently an associate commented that perhaps we could better gain buy-in by answering the question “why now?” Adding the dimension of time was an interesting twist on spelling out the value proposition. After all, many businesses operations have been running fine for years with only ad-hoc data governance processes.  What would be the risk of [...]

Monday December 13th, 2010 in Data Governance Fundamentals, Data Management, risk management | No Comments »

Data Ownership vs. Data Stewardship

Over the last several years, there has been quite a bit of discussion regarding the distinction between data ownership and data stewardship. Stewardship commonly involves the daily and routine care-taking of all aspects of data systems. The roles are highly distributed. Ownership on the other hand is more concentrated. If you want to find the [...]

Friday August 27th, 2010 in Data Governance Fundamentals, Data Management, Data Quality, Organizational Behavior, risk management, Simple Data Governance | No Comments »

Key Date-Time Stamps and Why They Matter

Have you ever considered how important the mundane time-stamp is to your BI operations? Think about it, every report includes the element of time in it. The report is a snapshot in time, or covers a range of time. Accurate and timely business intelligence requires good records of the history within your business processes. The [...]

Wednesday November 11th, 2009 in Data Governance Fundamentals, Data Management, Data Quality, risk management | No Comments »

Risk Management – How much water is under the keel?

Tonight I witnessed a little entertainment over dinner. My home has a view over a channel off the Puget Sound near Seattle. Some poor soul ended up putting his very shiny sailboat hard aground not far from the house. They launched into a flurry of action, got the engine started, and finally had the presence [...]

Wednesday July 1st, 2009 in risk management | No Comments »

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