What do centuries-old financial institutions have in common with modern, data-driven businesses?
Not much.
So why do so many organizations look to banks and insurers for data governance advice?
This was the question Rupal Sumaria asked as she set out to establish a data governance program at Penguin Random House UK.
“It’s all about people, policy, process, and technology,” explained Rupal. “It sounds simple, right? But let’s be honest. When you first start out in data governance, no one tells you how hard it can be.”
In fact, much of the “how-to” material available online was developed by and for the financial services sector, which has been working in in data governance, compliance, and policy management for decades and has well-established best practices.