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THE FUTURE OF DATA GOVERNANCEDAMA – Chicago

December 9, 2015By Michael G. Miller

HSBC [email protected]

Copyright 2015 Michael G. Miller – All Rights Reserved

MY INTRODUCTION

Work Education• 30 years in Data Management,

mostly in banking, securities, & insurance

• Former Consultant for IBM, Fujitsu, etc.

• BBA, MBA, MPM, MTM, MISM

• 2+ years doctoral work - Knowledge Management

• Certified Enterprise Architect, Certified Bus. Process Professional, Certified LEAN Six Sigma Yellow Belt

- HSBC - Data & Information Services Architecture - Global Information Architect

- Part Time Instructor – ‘Strategic Business Intelligence’ & ‘Data Governance -Next Generation’ classes - Dubai, UAE

- DAMA – Chicago Chapter Officer & FIMA – Canada Board Member

Today

Founding member (1986) DAMA (Data Management Assoc.) -Chicago Chapter


CAVEAT

“This presentation represents the thoughts and ideas of its author and it

no way should be construed as representing in any way, shape, or form

the past or present states, nor future direction of my employer (HSBC).”

• Michael G. Miller


MY MISSION

•What changed this year? Why should you put your resources behind a good Data Governance Plan

•Understand the Common Execution Errors and how to avoid them

•Best Practices in turning your data governance into a long term strategy


DEFINITION: DATA GOVERNANCE

“The exercise of authority, control and shared decision making (planning, monitoring & enforcement) over the management of data assets.”

• DAMA (Data Management Association) - International - DAMA Dictionary of Data Management (2008)


DAMA – DATA MANAGEMENTBODY OF KNOWLEDGE (DMBOK) V. - 1.0

– SOON 2.0


What’s the definition of a Customer?

Management says, “The reports don’t match!”

What do they mean by ‘appropriate’, ‘adequate’ & ‘material’?

Std. Names & Definitions

What does BCBs239 mean By a risk ‘data arChiteCture & it infrastruCture’?

How do you define ‘exposure’?

Data Governance


WHAT CHANGED? – CLOUD COMPUTING

Cloud computing is the practice of using a network of remote servers

hosted on the Internet to store, manage, and process data, rather than

a local server or a personal computer.


CLOUD COMPUTING: SALESFORCE


CLOUD TECHNOLOGY

However, the one thing that will still exist, Benioff says, is the customer.

He considers this to be the most important time ever for the company

to focus on the customer.

"The cloud is about technology, and you know this is transient.

The technology we are talking about today will be obsoleted in

three, four, five years from now.

It will be all new technology." - Marc Benioff, Salesforce CEO


WHAT CHANGED? – BIG DATA


BIG DATA: AMAZON


WHAT CHANGED? – MOBILE COMPUTING


MOBILE COMPUTING – UNITED


MOBILE COMPUTING: UBER


WHAT CHANGED? – SOCIAL COMPUTING


OSCAR MAYER – DATING SERVICE FOR BACON LOVERS


WHAT CHANGED? – INTERNET OF THINGS (IOT)


IOT: DOOR BELL


IOT: TOOTHBRUSH


IOT: ‘BELTY’ (INTERNET CONNECTED BELT)

http://www.manilatimes.net/breaking_news/electronics-show-window-internet/


THE PERFECT DATA STORM


DATA GOVERNANCE AT HYPER SPEED

http://fanzine.topzine.cz/serial-z-prostredi-star-wars-mozna-zmeni-celou-jeho-mytologii-bude-se-cestovat-casemCopyright 2015 Michael G. Miller – All Rights Reserved

EXECUTION MISTAKE – ASSUMING ONGOING EXECUTIVE SUPPORT

Data Governance starts out as a success in an enterprise, so long as it has significant executive support and operates in the executive limelight. Once executive management moves on to other initiatives, data governance begins to lose it luster.

Executive Limelight

https://technewsz.wordpress.com/2013/11/27/limelight-meaning-of-the-phrase/


EXECUTION MISTAKES – TOLL GATES

As Data Governance 1.0 begins to lose its luster , it operates with the

enforcement of data standards through Data Toll Gates. Copyright 2015 Michael G. Miller – All Rights Reserved

EXECUTION MISTAKE – TRADITIONALDATA GOVERNANCE IN A BIG DATA WORLD

The Data Tsunami

Swim, Surf, or DROWN!

IT’S TIME TO ELEVATE DATA GOVERNANCE…IT’S TIME FOR INFORMATION GOVERNANCE


DATA GOVERNANCE & INFORMATION GOVERNANCE

• Data Governance is all about the past.

• Information Governance is all about the future,

the attempts to predict the future,

and to influence that future.

• That is what Predictive & Prescriptive Analytics

are all about

tomorrow……


ALIGN DATA GOVERNANCE TO BUSINESS STRATEGY

‘DATAGOVERNANCE’


BEST PRACTICES: START WITH THE CUSTOMER

Definition:

A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product, or idea, obtained from a seller, vendor, or supplier for a monetary or other valuable consideration.

- Wikipedia


https://en.wikipedia.org/wiki/Good_(economics)

https://en.wikipedia.org/wiki/Service_(economics)

https://en.wikipedia.org/wiki/Product_(business)

https://en.wikipedia.org/wiki/Seller

https://en.wikipedia.org/wiki/Vendor

https://en.wikipedia.org/wiki/Distribution_(business)

DATA QUALITY LEVELS


CMMI INSTITUTE –DATA MANAGEMENT MATURITY

(DMM)


EDM COUNCIL DCAM (DATA MANAGEMENT CAPABILITY ASSESSMENT MODEL) &

FIBO (FINANCIAL INDUSTRY BUSINESS ONTOLOGY)


NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST) – ENTERPRISE ARCHITECTURE

THANK YOU

Michael G. Miller [email protected]

(Shameless self-promotion:)

Author of Chapter 1,

‘Business Architecture,

Information Necessity’


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