How Does Data Stewardship Support Business Strategy?
Effective data stewardship aligns with and supports an organization's business strategy in several ways:
Enhancing Decision-Making: By ensuring data quality and accessibility, organizations can make more informed and timely decisions. Driving Innovation: High-quality data enables the development of new products and services, driving innovation and growth. Improving Customer Experience: Accurate and reliable data helps businesses understand customer needs and preferences, leading to better customer service and satisfaction. Ensuring Compliance: Effective data stewardship helps organizations comply with industry regulations and avoid costly penalties.