The 5 Essential Components of a Data Strategy Title

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TitleWHITE PAPERThe 5 Essential Components of a data StrategyiiContentsData Strategy : What Problem Does It Solve? ........................................ .........1Data: Past and Present ........................................ ........................................ ........2The Business Without a data Strategy Defined ........................................ ........................................ ........4The 5 Components of a data Strategy ........................................ ...................4Identify ........................................ ........................................ ........................................ .... ........................................ ........................................ ........................................ .8Process ........................................ ........................................ ........................................ ....9Govern.

The idea behind developing a data strategy is to make sure all data resources are posi - tioned in such a way that they can be used, shared and moved easily and efficiently. Data is no longer a byproduct of business processing – it’s a critical asset that enables processing and decision making. A data strategy helps by ensuring that data is

  Data, Developing, Strategy, Data strategy