Acknowledging the impact of people on data quality and security. 🚀 Why Organizations Need the ISO 38505 Framework
Demonstrates a commitment to ethical data use, enhancing the reputation of the organization.
Implementing this standard moves data from being a "IT problem" to a "business opportunity". Key benefits reported by organizations include:
Helps leaders ask "big questions" about how data drives value and supports long-term growth.
Clear assignment of who is accountable for data assets.
Data accountability map. This part focuses on maintaining oversight of the data portfolio and understanding the business context, value, and risks. 🏛️ Core Principles of ISO 38505
Standardizes processes, which can lead to up to a 40% improvement in data processing efficiency.
Implications for data management. This technical report provides guidance on how to translate governance principles into operational data management practices.
Identifies and manages risks related to privacy, security, and regulatory compliance (like GDPR or HIPAA).
Measuring how data use contributes to business success.
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