One of the keys to successfully deploying master data management is effectively using people, processes, and technology to leverage the master data as an enterprise asset. Collectively, this approach is known as data governance. This chapter will explore the critical nature of data governance in master data management, and the direct and indirect roles that the MDM architecture plays in enabling data governance.
Governance is the way we make and act on decisions about managing a shared resource for the common good. Governance includes: