Posts tagged: 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 [...]

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 [...]

Data Governance Responsibility and Accountablity: The RACI Waterfall

In the course of a great conversation on Data Governance with Max Gano of Stakeholder Care, we began discussing the application of controls. Max had some great thinking on how they fit into the realm of Data Governance. The conversation reminded me of a RACI Waterfall that I had created a few years back. The [...]

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 [...]

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 [...]

Minimizing What is Governed – Shortening the Path to Action

Recently I was booking air travel and some of the options struck me as odd routes. You know, going to your destination with two lay-over’s and a plane change. Oh and it takes about twice as long as a direct flight while the difference in price is minimal. So if we would not book our [...]

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 , , | No Comments »

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