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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
Copyright 2015 Michael G. Miller – All Rights Reserved
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
Copyright 2015 Michael G. Miller – All Rights Reserved
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
Copyright 2015 Michael G. Miller – All Rights Reserved
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)
Copyright 2015 Michael G. Miller – All Rights Reserved
DAMA – DATA MANAGEMENTBODY OF KNOWLEDGE (DMBOK) V. - 1.0
– SOON 2.0
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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
Copyright 2015 Michael G. Miller – All Rights Reserved
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.
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CLOUD COMPUTING: SALESFORCE
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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
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WHAT CHANGED? – BIG DATA
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BIG DATA: AMAZON
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WHAT CHANGED? – MOBILE COMPUTING
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MOBILE COMPUTING – UNITED
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MOBILE COMPUTING: UBER
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WHAT CHANGED? – SOCIAL COMPUTING
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OSCAR MAYER – DATING SERVICE FOR BACON LOVERS
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WHAT CHANGED? – INTERNET OF THINGS (IOT)
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IOT: DOOR BELL
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IOT: TOOTHBRUSH
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IOT: ‘BELTY’ (INTERNET CONNECTED BELT)
http://www.manilatimes.net/breaking_news/electronics-show-window-internet/
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THE PERFECT DATA STORM
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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/
Copyright 2015 Michael G. Miller – All Rights Reserved
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
Copyright 2015 Michael G. Miller – All Rights Reserved
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……
Copyright 2015 Michael G. Miller – All Rights Reserved
ALIGN DATA GOVERNANCE TO BUSINESS STRATEGY
‘DATAGOVERNANCE’
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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
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DATA QUALITY LEVELS
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CMMI INSTITUTE –DATA MANAGEMENT MATURITY
(DMM)
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EDM COUNCIL DCAM (DATA MANAGEMENT CAPABILITY ASSESSMENT MODEL) &
FIBO (FINANCIAL INDUSTRY BUSINESS ONTOLOGY)
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MIKE 2.0 – THE OPEN SOURCE STANDARD FOR INFORMATION MANAGEMENT
http://mike2.openmethodology.org/Copyright 2015 Michael G. Miller – All Rights Reserved
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’
Copyright 2015 Michael G. Miller – All Rights Reserved