Digital transformation is reshaping how organizations are doing business.
As business strategies evolve, companies are collecting more customer information, requiring new data governance strategies to meet rapidly shifting regulations. These days, data governance is no longer on the shoulders of IT departments and must be top-of-mind for C-Suite and line of business managers.
A study by Harvard Business Review Analytic Services found that:
- 92% of business leaders surveyed say new types of risk are being created by shifting business models associated with business transformation
- 77% say an effective security, risk, and compliance strategy is essential for business success
- 53% of organizations, however, haven’t developed a strong, business-wide data governance approach
Learn more about the state of data governance and how to build a blueprint for success with this report from the Harvard Business Review Analytic Services.