Like me, I’m sure you’ve been in sales or executive meetings where multiple people get up and present their forecasts — and everyone’s numbers are based on different sets of financial or customer data. Therefore, everyone’s PowerPoint presentation is wrong, because all of the forecasts were built on inaccurate or incomplete views of corporate data or inconsistently calculated business metrics.
Strong data governance is absolutely essential today, as illustrated by the example above. Every business relies heavily on data for decisions of all kinds, and these decisions simply must be based on accurate data.
Governed enablement empowers users
In an enterprise environment characterized by exploding data volumes and departmental deployments of cloud-based point applications, old perceptions linger; governance is often perceived as slowing down the business. And it’s true that old-school governance techniques will no longer work. “Command and control” management of data is now impossible given the trend toward a bifurcation of centralized and decentralized IT budgets and power.
In its place, CIOs are adopting a new strategy of “governed enablement” to empower business users to transparently self-serve their limitless data needs while retaining the keys to the data kingdom. They’re doing it with business intelligence platforms that replace point solutions with flexible architectures that empower users to easily access the data they need from across the enterprise and analyze it in highly customized, sophisticated ways.
With these platforms, CIOs can enable departments and business users across functions to use metrics that flow across the business and have transparent governance and trust over precious data assets. The pace of business is thus accelerated, not slowed down.
An architecture built for speed
Last week Birst’s CEO, Jay Larson, blogged about the positive career impact of CIOs using their specialized skillset to choose platforms, not point solutions. In my next blog, I’ll talk about how the two-tier architecture of Birst analytics gives CIOs a unique platform to enable and accelerate smart business decision-making across the enterprise. Transparent governance — that’s how you make the wrong data right.
To learn how Birst helps CIOs adopt a new strategy of “governed enablement”, click here.
The preceding is a blog post originally published in CIO on September 29, 2015.