Data Governance and Management Objectives

This document is a report detailing the key departmental objectives for enhancing data governance and management over the next 6 to 12 months. It outlines specific goals such as maturing adoption and compliance of data governance processes, completing master data coverage, and enhancing data quality. The report also discusses the need to hydrate and enhance the data mesh, support risk and controls through report management, and strengthen records management. Additionally, it mentions the implementation of AI governance based on pilot projects. The document highlights the anticipated budget for these initiatives, which ranges from $10 to $25 million, and notes the challenges of ensuring accountability among team members with limited bandwidth. Furthermore, it identifies strategic technology needs for the upcoming year, including building enterprise data lakes, optimizing data governance and security, and integrating advanced analytics for deeper insights.