SAP Data Governance
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Data Governance: An Overview and Key Considerations
What Is Data Governance?
SAP data can deliver innovation, drive user experience, and provide competitive advantage. The process of marrying SAP data with non-SAP data from different systems — from Internet of Things devices to the back office to an organization’s web systems — is defining data culture around the world.
Simply combining data, however, is not enough. Proper management is essential to realizing its value.
Data governance is considered a core component of an effective data management strategy. Data governance can ensure that data is consistent, accurate, and protected.
The Data Governance Institute (DGI) defines data governance as “a system of decision rights and accountabilities for information-related processes, executed according to agreed-upon models which describe who can take what actions with what information, and when, under what circumstances, using what methods.” (Read the DGI’s 10 rules of engagement.)
Data Governance: An Overview and Key Considerations
What Is Data Governance?
SAP data can deliver innovation, drive user experience, and provide competitive advantage. The process of marrying SAP data with non-SAP data from different systems — from Internet of Things devices to the back office to an organization’s web systems — is defining data culture around the world.
Simply combining data, however, is not enough. Proper management is essential to realizing its value.
Data governance is considered a core component of an effective data management strategy. Data governance can ensure that data is consistent, accurate, and protected.
The Data Governance Institute (DGI) defines data governance as “a system of decision rights and accountabilities for information-related processes, executed according to agreed-upon models which describe who can take what actions with what information, and when, under what circumstances, using what methods.” (Read the DGI’s 10 rules of engagement.)
Key Considerations for SAPinsiders
The following steps can help you implement effective data governance:
- Create a strong business case for data governance. According to SAP partner Winshuttle, you need to be able to clearly communicate the value of your data to gain support from leadership. Winshuttle’s Winshuttle Foundation and Winshuttle Studio offer data management capabilities. According to the vendor, your data should be maintained through a data governance program that can ensure data quality and proper management, while complying with regulations to keep the data safe and effective.
- Increase revenue potential with a strong data governance foundation. Consider the approach of Breakthru Beverage Group. On a mission to become a fully integrated, data-driven business, the company first built a foundation with its data governance program. The initiative to cleanse and conform its material, vendor, and customer data was supported by SAP partner Protiviti, and resulted in a scorecard on data cleanliness as well as a downstream benefit: revenue generation, by enabling the business to more quickly activate products and more accurately report on them. Read the full data story.
- Set the stage for standardization and automation capabilities. In 2016, we wrote about Keurig Green Mountain’s approach to data governance. In response to meteoric growth and a growing love of the single-cup brew, the company undertook an ambitious data governance project. It transitioned from a data maintenance to a data governance organization. At the time, Keurig’s Director of Master Data Management Business Process Eileen Hanafin said its data governance initiative set the company up for future standardization and automation capabilities with a focus on continuous improvement.
22 results
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Why Data Governance Is the Key to Success
Reading time: 3 mins
In today’s digital age, data has become an invaluable asset for businesses across all industries. It fuels decision-making processes, drives innovation, enhances customer experiences, and enables companies to stay competitive in a rapidly evolving marketplace.
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The Rising Importance of ESG Reporting for Businesses: Challenges and Opportunities
Reading time: 2 mins
In recent years, environmental, social, and governance (ESG) practices have emerged as critical concerns for organizations worldwide. The impact of how a company addresses these issues goes beyond the brand image—it affects hiring practices, profitability, legal liabilities, and the fundamental ability to conduct business.
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Navigating the Data Governance Journey: Linking Business Goals and Success
Reading time: 3 mins
Embarking on a data governance journey commonly starts with a strong sense of excitement, but it can result in frustration if not carefully aligned with significant business goals. The story of a typical data governance initiative often involves initial inquiries and disengagement.
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Data360 Analyze – Solution that Integrates Self-Service Data Prep with Advanced Data Quality and Robust Data Governance
Reading time: 1 mins
Empower users to discover and share insights faster with self-service data prep and analytics.
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How to Establish a Strong Data Governance Framework with Data360 Govern
Reading time: 1 min
Learn how to proactively find, understand, and manage data for better business outcomes based on trusted data.
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How a Data Catalog can Unlock the Power of your Organization
Reading time: 6 mins
A data catalog is a comprehensive repository of metadata, essential for understanding and managing an organization’s data. It includes technical, business, and operational metadata to provide insights into data structure, context, and usage. Key elements of a data catalog are an intuitive user interface, business context, extensive data information, robust governance, and automation. It addresses…
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Case Study: Master Data Governance with Decisions for SAP Solutions™
Reading time: 2 mins
The material configuration and creation process is a multi-step and multi-discipline activity that requires the input from many different teams, including but not limited to, manufacturing, environmental, engineering and logistics.
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The Critical Role of Data Governance in ESG Reporting and Sustainability
Reading time: 3 mins
In today’s global business landscape, Environmental, Social, and Governance (ESG) factors are paramount for organizations committed to sustainable practices. Central to this is effective data governance, ensuring accuracy and reliability in ESG reporting. Discover why data governance is crucial for ESG, preventing reputational damage and enabling informed decision-making. Learn from real-life examples like Unilever’s robust…
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5 Reasons Data Governance Is Critical to SAP Modernization
Reading time: 5 mins
Moving your SAP ERP systems to the cloud is not easy. It may be one of the most significant technological interventions that your company may undertake. However, for many companies, SAP modernization is inevitable. The traditional, on-premises systems that have been crucial for their business are becoming outdated compared to modern cloud-based systems, making it…
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Solidifying Your Data Governance by Utilizing Third-Party Support Platforms
Reading time: 1 mins
In a time when organizations increasingly depend on data for every aspect of their business, it is highly important to establish procedures and systems that will attend to the creation, quality, handling, and security of that data. This is where data governance comes in – especially for SAP systems where it plays a key part…
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