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What is data governance? Best practices for managing data assets

CIO Business Intelligence

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

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Balanced Governance: When Failure is Not an Option

CIO Business Intelligence

For a company to be successful, it should implement a governance program that is aligned with business goals — with a laser-like focus on achieving value while balancing risk. Defining Value but Ignoring Risk Is Disastrous Governance. Go Beyond Basic – Implement Next-Level Governance.

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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

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Project management: Tips, tools, best practices

CIO Business Intelligence

Costs management: Estimate costs, determine budgets. Stakeholder expectations Stakeholders can be any person or group with a vested stake in the success of a project, program, or portfolio, including team members, functional groups, sponsors, vendors, and customers. Budget for surprises. Develop relevant KPIs.

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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

Smaller and midsize organizations can address the gaps by developing a communications program to engage businesses and stakeholders, establishing an ideation process to capture new business needs, and leveraging design thinking methodologies.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

Luckily, many are expanding budgets to do so. “94% Luckily, many are expanding budgets to do so. “94% Despite all that, CIOs should add generative AI initiatives to the much longer secondary list of transformation programs. These workstreams require documenting a vision, assigning leaders, and empowering teams to experiment.

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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

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