Implementing data governance: Insights and strategies from the higher education sector

Patrick Cernea () and Margaret Kierylo ()
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Patrick Cernea: York University, Postal: Toronto, Canada
Margaret Kierylo: York University, Postal: Toronto, Canada

Journal of Financial Transformation, 2024, vol. 59, 60-69

Abstract: This article explores the critical role of data governance in the context of higher education. The authors highlight the strategic importance of establishing comprehensive data governance frameworks to enable data-informed decision-making and argue that data governance can enhance strategic enrollment management, efficiency and effectiveness, and enable innovation. The authors present a detailed exploration of the strategies for building data governance capabilities within higher education institutions. They outline the process of setting data governance goals, selecting operating models for data governance, considering resourcing models, defining roles and responsibilities, establishing data governance committees, and identifying metrics to assess progress. Practical applications of data governance, including metadata management, data quality management, and ensuring regulatory compliance and ethical use of data, are discussed to illustrate how institutions can enhance their data environment. The authors conclude by exploring future trends and emerging issues in data governance within higher education, pointing to the lag in data governance advancement compared to other sectors and the imperative for post-secondary institutions to adopt robust data governance frameworks to remain competitive and innovative.

Keywords: Data Strategy; Data Governance; Data Management; Data Quality; Metadata Management; Data Ethics; Higher Education; Research Institutions; Information and Internet Services; Computer Software; IT Management; Government Policy and Regulation; Management of Technological Innovation and R&D; Cyber Law; General Business Administration (search for similar items in EconPapers)
JEL-codes: C88 H83 I23 I28 K24 L15 L53 L86 M10 M14 M15 M48 O32 O38 (search for similar items in EconPapers)
Date: 2024
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