Defining and implementing data ownership

Data ownership is a fundamental element of data governance that refers to the assignment of responsibility for data quality, integrity, and security to specific individuals or teams within an organization. This concept goes beyond the mere possession of data, extending to encompass responsibility for its appropriate use, its protection, and maintenance of its accuracy and reliability. The importance of data ownership cannot be overstated. It fosters accountability, ensures compliance with data standards and policies, and facilitates efficient decision-making.

In the context of data governance, data ownership is pivotal. It is the backbone that supports data policies, standards, and procedures, ensuring they are effectively implemented and adhered to. It empowers individuals or teams, known as data owners, with the authority to make decisions about the data they oversee, including who can access it, how it can be used, and how it should be...