Assignment: Applying Data Governance Principles
This assignment encourages you to apply the concepts and strategies discussed in Week 6, focusing on the practical aspects of developing a data governance program, assessing an organization’s change capacity, and understanding the role of data governance in forecasting activities.
Question 1: Building a Data Governance Roadmap
Scenario:
You are a Data Governance Consultant hired by a mid-sized retail company that is struggling with data inconsistencies, data quality issues, and a lack of standardized data practices.
Task:
Objective: Develop a high-level Data Governance roadmap tailored for the company.
Instructions: Outline the key steps and initiatives that should be included in the Data Governance roadmap. Explain the purpose of each step and how it will contribute to resolving the company’s data challenges.
Question 2: Assessing Change Capacity
Scenario:
The same retail company has shown resistance to change in the past, and there is a concern about how the organization will adapt to the new Data Governance program.
Task:
Objective: Evaluate the company’s change capacity and readiness for implementing Data Governance.
Instructions: Discuss the factors that should be assessed to determine the company’s readiness for change. Provide recommendations on how the company can enhance its change capacity to ensure a successful Data Governance implementation.
Question 3: Data Governance and Forecasting
Scenario:
The retail company aims to leverage predictive and prescriptive analytics to improve its inventory management and customer experience.
Task:
Objective: Explore how a successful Data Governance program can enhance the company’s forecasting activities.
Instructions: Describe how Data Governance can improve the accuracy and reliability of predictive and prescriptive forecasting in the context of inventory management and customer experience. Highlight the potential business benefits and the role of data quality in this process.
Submission Guidelines:
Compile your responses to all questions in a single document.
