Show Notes
Join us LIVE at Collibra’s DC’22, where we talk about the importance of data governance with Joe Wallace, senior manager for Digital Asset Governance, Adobe, and Ryan Galloway, senior vice president for Moody's Corporation. How can companies improve their data quality and decision-making processes? Listen as they explore some of the challenges associated with data governance and share tips for overcoming them. Tune in if you want to learn to integrate effective and ethical data governance in your company. Here are three reasons why you should listen to this episode: Find out how Adobe and Moody’s Corporation integrate data governance. Learn how Adobe and Moody’s Corporation utilize data governance to achieve their company goals. Discover how data governance can help companies succeed in today’s market.
Episode Highlights [03:09] Moody’s Corporation and Data Governance Ryan: “I always say push versus pull. It's a journey. You have to start there.” Moody’s Corporation welcomed data governance to their company because they believe it would be helpful for business. As a result, they found an advocate for data governance and thought of using it to solve business problems. Any company interested in integrating data governance should consider building the following: standards and policies, business partners, advocacy, and real governance. Once these are in place, form a data governance team to help solve real data-related business problems. Focus on the mantra, “success breeds success.”
[04:13] Digital Asset Governance and Data Governance Joe: “Fish with a smaller fish to get a bigger fish.” Adobe started small and ended big by building data governance around the company’s goals. It grew exponentially as more and more people heard and saw the data-related efforts the company was doing. The people could enrich the company because it dedicated its time to guiding them, providing them with playbooks, and facilitating their work.
[07:16] Data, Water, and Cake Joe believes that data is like water. You trust the source that the water is clean. He adds that data is a component of a cake. The top layer where the frosting sits pertains to the business layer (e.g. process flows, business rules), the one people see. Below the frosting are the data products. The final layer is the data lineage. The three layers compose every company's data governance. They are assets that draw customers in and protect them. Data governance should always be customer-centric.
[10:34] The Future Of Data Governance Society has moved from wanting more data to trying to solve the problem of excess data. Hence, Joe believes that over the next ten years, people will start labeling and organizing data.
Joe: “The groundwork is there. But I think there's just gonna be more and more and more and more data.” Ryan agrees that there is a ton of data in society today. So, the challenge for people now is defining meaningful and not meaningful is critical. He adds that automation will improve. Scanning databases and grading data lineage could become automated in the future.
Ryan: "You're never done with data governance. We must realize this isn't going away. This is something we're going to have to continue doing." About Joe and Ryan Joe Wallace is the senior manager of Digital Asset Governance at Adobe. He has over 15 years of experience in digital asset management and has been instrumental in developing and...
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