The Ultimate Guide To Mastering Data Ownership and Data Stewardship
Learn all you ever need to know about data stewardship and ownership This article explains the data stewardship concept, the benefits of having a data stewardship program in place, how to get started, and challenges to watch out for. You’ll learn: The different types of data steward What a data steward should do The difference…
Two-Thirds of Firms Still Do Not Have a Data Strategy, Survey Reveals
More than two-thirds of firms still do not have a data strategy in place and a third have no dedicated budget to improve their data, according to a major new survey commissioned by Cognopia. The 51-page State of Data Maturity Report also found that only 16% of firms had active participation in data governance from…
Data-Driven Business: The Ultimate Guide
A data-driven business describes a company that uses data to: Make better decisions. Improve business processes. Gain more customers. Keep customers for longer, and, as a result; Increase revenues and profits. Unless you’re running a data-driven business, your staff probably use gut-feel, intuition, emotions, or external pressures to drive decisions. This leads to an over-reliance…
Creating a Data Strategy using the Data Strategy Kite
There’s been a lot of chatter on LinkedIn recently about creating a data strategy. Lots of arguments pass about what a data strategy is. Some suggest that your data strategy should just be part of your business strategy. This article skips past these arguments. We prefer the metaphor of flying a kite put forward by…
How to motivate Data Owners to act
Data Ownership is the job of being accountable for the data in your domain. Firstly, it is a role that must be filled by a senior stakeholder. Secondly, the Data Owner must be the person that feels the pain of bad data in their domain. Finally, the Data Owner needs the Power and Authority to…
What to look for in a Data Governance Expert
In our modern data-driven world, companies can no longer afford to ignore their dirty data habits. Without clear-sighted data policies, businesses risk wasting huge amounts of time and money on what should be simple tasks. Locating data and reports turns into a colossal interdepartmental struggle. Marketing and customer outreach efforts run into wall after wall…
The Most Frequently Asked Questions in Data Governance
Whether you’re an accomplished business manager or a consummate data wizard, Data Governance can be a lot to wrap your head around. Luckily, this list of common questions and straight-to-the-point answers will help you get a better grip on the basics. Here’s our breakdown of the most frequently asked questions in Data Governance. Still have…
How to know if your Company is Ready for Good Data Governance
Good Data Governance is a virtual silver bullet for saving time, cutting costs and improving revenue, so implementing Data Governance as soon as possible may seem like a no-brainer. Unfortunately, it’s not that simple. You may think that your organisation is ready to take the plunge, but without making sure that your teams and personnel…
How to Improve your Data Maturity
Data Maturity looks at the degree to which an organisation uses—or is able to use—the data that it produces.
5 Popular Tools for Improving Data Quality
The cornerstone of any effective Data Strategy is high-quality data. But what is Data Quality, and why bother measuring it in the first place? Let’s start with the basics. Data Quality refers to whether or not a particular data element is fit for purpose. If a particular data point can achieve the goals you’ve set…
How to Win Big in the First 100 Days as a New CDO
Keeping a business consistently data-driven isn’t easy. Vast quantities of potentially valuable company and consumer data lie locked away in corporate silos or lost in cross-functional translation. To unlock the hidden value in all this data, organisations are increasingly turning to the newest member of the C-suite, the CDO. TABLE OF CONTENTS Chapter 1: What…
How to Secure Management’s Support for Data Governance
Getting management to understand the benefits of good Data Governance can be tough, but until your CFO and CDO start seeing eye to eye, your business and your customers will continue losing out. Luckily, securing buy-in for your Data Governance goals doesn’t have to be a struggle. To prove it, let’s break the process down…
How to select the best data governance tools
At Cognopia we have been fortunate to work with some of the best Data Governance Tools. We have also had the benefit of running Data Management Maturity Assessments to see the outcome of vendor selections. We wrote this article to help you in your vendor selection and management process. Before we list the top data…
Change readiness is not rocket science, why can’t CDOs get their heads around it?
CDOs underestimate the need to assess change readiness. It reflects the attitude of corporate leaders in distinguishing themselves from the pack 5 min read People hate any form of change. It is painful and hard to adjust. Executives have come to understand that putting off digitisation will put their firm at risk. They have…
Are your Customers paying your Data debt?
Data debt is a concept that John Ladley put forward. It is a framework that places value on Data Management activities. As such you can use the concept when discussing the need for data governance with management, and can even be included in Data Governance Business cases. What is Data Debt and how do I…
Identify Data Opportunities using Public Customer Reviews
Lots of Data teams I speak with struggle to get engagement from their business. Often this is because they don’t explain how data drives business value. Their main challenge is typically knowing how to identify data opportunities that a business person cares about. The reason I have written this article is because it’s possible to…
Where to Start your Data Governance Business Case
According to the State of Data Governance report, the top three things preventing companies adopting data governance are: Lack of Resources (39.6%) Too hard to prove the business case (20.8%), and Data Governance not seen as important by Senior Management (18.8%) The three bullets above are all linked by the fact that Data Management resources…
Executive Data Governance Training in Asia
Most Executives know they are sitting on a goldmine of Data. Hidden in their corporate silos is a massive amount of untapped potential. The problem is, they don’t know how to unlock it. Past projects have under-delivered. IT-led initiatives have withered and died because of resistance from the business. Big Data Lakes and fancy Analytics…
Why You Need a Data Management Maturity Assessment
Are you investing money in Business Analytics, Machine Learning, Big Data or Artificial Intelligence? The answer is almost certainly “yes”. As a result you ought to have invested in Data Management beforehand. Did you? I’m going to guess the answer to this question is probably “no”. Let’s fix that. Why Should I care about Data…
The What, Why, Who and How of Data Lineage
What is Data Lineage? According to Wikipedia: “Data lineage includes the data origin, what happens to it and where it moves over time. Data lineage gives visibility while greatly simplifying the ability to trace errors back to the root cause in a data analytics process.” As such, Data Lineage is a map of the movement…
Six Questions you need to Ask Before Adopting a Single Customer View
What is it? Wikipedia states that a Single Customer View is: “an aggregated, consistent and holistic representation of the data held by an organisation about its customers that can be viewed in one place.“ It goes on: “The advantage to an organisation of attaining this unified view comes from the ability it gives to analyse…
Why Did StarHub Experience these Single Customer View issues? And what can they do about it?
My last article talked about the Challenges we faced as a newly-minted Business Customer because StarHub lacks a Single Customer View. This is a classic example of an Enterprise that has a multitude of different applications that are all managing customer data, and no formal process to update these systems when new records are received….
The Case for a Single Customer View Project at StarHub
I thought it would be interesting to pull out my own experience as a client of StarHub to highlight how a Single Customer View project can dramatically improve customer experience. Background: Cognopia recently moved our HQ, and in the process, we needed to cancel the old Broadband subscription (held with StarHub) and install a new…
The Benefit of a Single Customer View Project
One of the most valuable projects any large Enterprise can undertake is one to consolidate their customer information into a single, well-governed repository that all business units can leverage. Given customers are at the very heart of any Enterprises’ success, it’s no surprise that these “Customer 360” or “Single Customer View” projects are a high…
Visa Requirements for Attending Data Governance Training in Singapore
We’re being asked by plenty of people outside of Singapore what the process and visa requirements are to attend a public or private training course. To save you all the bother, we’ve asked Singapore’s Immigration & Checkpoint Authority (ICA) for the details and collated their responses here. This is a quick rundown of the steps for…
Data Governance Training – in Singapore
Cognopia is pleased to have teamed up with Nicola Askham, The Data Governance Coach, to provide in-person training courses for Data Governance professionals in Singapore. This is provided live, online, where attendees will learn how and why they need to set up their Data Governance programme to succeed. Those attendees who need more practical guidance…
Anatomy of a Data Steward
One of the hardest components to get correct in any Data Stewardship programme is to find, hire, and enable the Data Stewards themselves. The core skills required to succeed in this role demand diversity of knowledge, inter-personal communication excellence, and critical thinking skills. This article is designed to show you the Anatomy of a Data…
How to Prioritise Enterprise Data Governance Strategy
This is a guide for those that are being asked to engage in governing their data for the first time. If you have been asked to do this, with no real idea why or where you ought to begin, this article is for you. We will cover the questions you need to answer in order…
3 Steps to Start Governing Data Successfully
In the past three years, we at Cognopia have seen a dramatic increase in the interest in Data Governance across the core Asian markets we work in. What was previously a discipline focused purely on regulatory compliance in Banks (e.g. BCBS 239) has evolved to be seen as an essential function across industries and public…
ASG and Cognopia Partner to Bring Data Intelligence to the APAC market
ASG has signed up with Cognopia to represent the ASG Data Intelligence platform and to partner in the APAC market. This is a strategic engagement that seeks to leverage Cognopia’s depth of knowledge in this niche Data Governance marketplace, and to bring industry-leading technology to Cognopia’s existing clients and prospects. “We put tremendous value in…
Cognopia Wins SK Telecom for Data Governance Project
Cognopia has signed SK Telecom, South Korea’s largest Telecommunications company by market share, as a customer for the Collibra Data Governance Center. SK has invested in the Collibra Data Governance Center to increase the value of their Big Data initiatives and ensure business decisions can be based on trustworthy, easy-to-find data. Having seen the value…
Cognopia providing Collibra Data Governance Center in Asia
Cognopia is proud to be Collibra’s Authorised Reseller for the Collibra Data Governance Center in Asia. Building upon decades of experience providing sales in the Financial Services, Commodity Trading and Shipping industry, Cognopia is ideally placed to deliver sustained customer growth for the region. Collibra is a clear leader in the Data Governance space. With…