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Proper data governance helps you understand how your data works and informs your decision making to achieve your business goals. An information governance structure provides a bird\u2019s-eye view of how your org is creating and managing information assets . Data governance, by contrast, is the process of managing and overseeing data within an organization, including the processes, technologies, and policies that ensure data is accurate, secure, and reliable. Governance is such an important aspect of data-driven businesses that professionals are certified by authorized organizations. This differs from the data lifecycle in that information governance also covers the policies and procedures governing information across an entire organization.<\/p>\n<\/p>\n
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This approach includes establishing retention policies that dictate how long to keep different types of information and when to archive or delete them. These frameworks demand strict adherence to data protection and privacy standards, making information governance an essential component of modern business operations. Effective governance practices ensure regulatory compliance and help meet contractual obligations, which is increasingly important given the complexity of privacy laws and regulations. These were often employed at a departmental or divisional level; rarely were tools used across the enterprise. In today’s age of big data, organizations have more information under their control than ever before. In past decades, information governance responsibilities might have fallen under the purview of the chief information officer (CIO).<\/p>\n<\/p>\n