Governance

Consulting and Digital Strategy

Governance

The value of advanced technologies is realized only when the data they produce can be used to make the right decisions at the right time.

The Right Governance Approach For Your Business

There are many ways to structure a governance approach. You can focus on control, outcomes, agility, or autonomy – the key is to choose the right governance strategy for your business.

Flexible, Dynamic, and Distributed

The future of governance, be it for data or RPA, departs from the “command and control” roots of this practice. Governance that works for business today is sensitive to context, is flexible across the enterprise, and is distributed throughout the organization with formal and informal decision rights.

Data Is Your Biggest Asset and Your Biggest Risk

Research suggests that most companies have unprotected data, making them vulnerable to data loss. 95% of cybersecurity breaches are caused by human error. The average time to identify a breach is 207 days.

What Can This Solution Do For You?

According to Forrester, 74% of firms say they want to be “data-driven” but only 29% say they are good at connecting analytics to action. Data floods businesses from all angles, overwhelming leaders who need to make sense of it all. Data governance, when done right, is the key to overcome this information overload and achieve better decisions faster.

Data governance (DG) is the process of managing the availability, usability, integrity and security of the data in enterprise systems, based on internal data standards and policies that also control data usage. Effective data governance ensures that data is consistent and trustworthy, and doesn’t get misused.

How Is Valence Helping Clients Use This?

Valence works with clients to implement a governance framework, identify sources of data and data risk, and to activate the organization around this new approach to data and process governance, including education, training, and process development.