How should a data governance strategy be defined?

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Multiple Choice

How should a data governance strategy be defined?

Explanation:
A data governance strategy should be defined comprehensively and relative to business strategies because it needs to align with the overall objectives and challenges of the organization. This approach ensures that data governance is not only about compliance and management of data resources but also about creating value and supporting business goals. A comprehensive strategy considers the diverse aspects of data throughout its lifecycle, including quality, security, privacy, and stewardship, enabling an organization to effectively leverage its data assets in decision-making and operational processes. By linking the governance strategy to business strategies, organizations can prioritize their data management efforts based on how they contribute to achieving business objectives. This creates a unified framework that guides the organization in managing its data as a strategic asset rather than as a standalone entity, fostering a culture of accountability and transparency across functions. Thus, this option encapsulates the essence of an effective data governance strategy, ensuring that it plays a crucial role in the success of the business.

A data governance strategy should be defined comprehensively and relative to business strategies because it needs to align with the overall objectives and challenges of the organization. This approach ensures that data governance is not only about compliance and management of data resources but also about creating value and supporting business goals. A comprehensive strategy considers the diverse aspects of data throughout its lifecycle, including quality, security, privacy, and stewardship, enabling an organization to effectively leverage its data assets in decision-making and operational processes.

By linking the governance strategy to business strategies, organizations can prioritize their data management efforts based on how they contribute to achieving business objectives. This creates a unified framework that guides the organization in managing its data as a strategic asset rather than as a standalone entity, fostering a culture of accountability and transparency across functions. Thus, this option encapsulates the essence of an effective data governance strategy, ensuring that it plays a crucial role in the success of the business.

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