{"id":43052,"date":"2023-05-16T06:59:04","date_gmt":"2023-05-16T10:59:04","guid":{"rendered":"https:\/\/centricconsulting.com\/?p=43052"},"modified":"2023-05-15T09:59:31","modified_gmt":"2023-05-15T13:59:31","slug":"walking-the-tightrope-how-to-use-agile-to-succeed-with-data-governance-strategy","status":"publish","type":"post","link":"https:\/\/centricconsulting.com\/blog\/walking-the-tightrope-how-to-use-agile-to-succeed-with-data-governance-strategy\/","title":{"rendered":"Walking the Tightrope: How to Use Agile to Succeed With Data Governance Strategy"},"content":{"rendered":"

Rapid growth can feel like a dangerous balancing act. Too many companies rise fast \u2014 and fall hard. Often, a lack of data governance strategy is to blame. We share straightforward tactics to help you quickly implement an agile data governance strategy.<\/h2>\n
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If your company recently discovered the power of data-informed decision making, the possibilities can seem endless. The right data can help you understand and reach customers with precision, streamline processes, reduce overhead, boost output and more. Companies across industries and sectors, from big-box to mom-and-pop to the neighborhood kids\u2019 lemonade stand, are moving fast to realize this potential. Organizations are experiencing unprecedented growth and working smarter than ever before. But how many have an agile data governance strategy<\/a> in place?<\/p>\n

Remarkable growth can, at times, feel like walking a tightrope. The truth is that many companies reach great heights only to fall hard. For many, failure stems from having a haphazard strategy \u2014 or no strategy \u2014 for how to govern company data.<\/strong><\/p>\n

For example, the project team driving the company\u2019s expansion may use and produce data without ever speaking to the informatics team or business execs about data strategy. This might not sound too bad if you\u2019re used to only calling IT when you spill coffee on your keyboard. But times have changed, and siloed IT is a thing of the past.<\/p>\n

Today, you need to interweave informatics and business strategy<\/a>. Good business decisions rely on data, and good data require strong governance. Here\u2019s how to help your teams walk the tightrope \u2014 and reach new heights \u2014 using agile data governance.<\/p>\n

Data Governance Meets Agile<\/h2>\n

Data governance refers to the creation of rules and processes based on strategy for how a company should collect, use and store their data. Project teams should include data governance strategy in all they do. Likewise, you can accelerate data governance implementations with project management approaches like agile<\/a>.<\/p>\n

Agile involves bringing together your teams and stakeholders to design something called a minimally viable product (MVP). With agile, once you have an MVP in hand, you introduce it to your customers, even if it\u2019s not perfect or 100 percent ready. You then take customer feedback \u2014 good, bad and ugly \u2014 fix the product and release it again. Repeat until you reach a version your customers love. Even after formally launching a product, an Agile team will continue to refine it based on feedback over time.<\/p>\n

When it comes to internal-facing projects like data governance, think of teams and employees as the customer to please within the agile process.<\/strong> Set your desired MVP as a working data governance strategy that you continuously refine based on employee feedback. Sprints and deliverables can include items like data governance policies, tools and processes.<\/p>\n

The Problem with Traditional Data Governance<\/h2>\n

Unlike agile data governance, traditional data governance implementations tend to be slow, siloed and frustrating. Reasons for their failure can include:<\/strong><\/p>\n