Data Management Strategy is one of the six defined Data Management Capabilities.
Data Management Strategy documents and monitors the elements of sound data and data management strategy (across capabilities) incorporating enterprise and business line objectives and priorities.
- Provide enforceable and auditable authority to the program
- Present importance of data management and business case
- Demonstrate stakeholder requirement alignment
- Establish data management principles
- Data harmonized to meaning
- Data domain prioritization
- Data engineered by the business process owner
- Data requires governing
- Recognize technology and operation constraints
- Identify execution challenges
- Prioritize and sequence execution
- Provide program performance metrics
Organizations that have enterprise and business unit executives who understand, support, and offer direction for the Data Management approach and program assure themselves of less risk and better acceptance by general staff around the management of data for the short and long-term success of the enterprise. Organizations that implement Data Management programs find a return on investment from several areas:
- Efficiency and effectiveness of data issue resolution, compliance, and auditable demonstration.
- Enterprise risk management.
- Business management.
- Innovate and differentiate for customers.
- Target Operating Model
- Strategic Plan Documentation
- Data Management Business Glossary
- Data Management Principles
- Data Management Accountability Matrix
- Stakeholder Analysis
- Business Strategy Integration
- Business Case
- Funding Construct
- Program Metrics
- Data Management Capabilities Framework
- DCAM™ Capability Assessment
- Capability Optimization Roadmap
- Capability Optimization
- RACI Matrix
- Process Designs and End-to-End Process Integration
- Procedures Guide
- Process Performance Measurement