Business Intelligence Success through Strong Governance
- bobiiguru4
- Jan 13, 2023
- 2 min read
Updated: Feb 22, 2023
A governance structure is an essential component of any business intelligence (BI) solution, as it helps to ensure that the solution is used and maintained in a consistent and effective manner. A governance structure should include policies, procedures, and controls to ensure that the BI solution is being used in a way that is compliant with laws and regulations, and that it is operating in a transparent and ethical manner. There are several key elements that should be included in a BI governance structure:
Data governance: Data governance refers to the policies and procedures that are in place to ensure that data is collected, stored, and used in a consistent and ethical manner. This may include establishing rules for data access and usage, as well as developing guidelines for data privacy and security.
BI governance: BI governance refers to the policies and procedures that are in place to ensure that the BI solution is used and maintained in a consistent and effective manner. This may include establishing rules for data access and usage, as well as developing guidelines for data privacy and security.
Roles and responsibilities: It is important to establish clear roles and responsibilities for key stakeholders in the BI governance structure. This may include establishing roles for data owners, data stewards, and data users, as well as establishing roles for key decision-makers such as IT and business leaders.
Metrics and reporting: It is important to establish metrics and reporting mechanisms to measure the effectiveness of the BI solution. This may include metrics such as adoption rates, usage patterns, and the impact of the BI solution on business performance.
Overall, a well-defined governance structure is critical to the success of any BI solution. By establishing clear policies and procedures, and defining roles and responsibilities for key stakeholders, businesses can ensure that their BI solution is used and maintained in a consistent and effective manner.
