Final answer:
Data Governance includes policies for managing both structured and unstructured data across an organization, aiming to ensure data accuracy, security, and compliance.
Step-by-step explanation:
Understanding Data Governance
Data Governance (DG) encompasses a wide range of policies, practices, and procedures that organizations put into place to manage their data efficiently and effectively. The best description of Data Governance is that it includes policies for managing both structured and unstructured data. DG is not limited to data stored in databases nor solely focused on information system output. Instead, it provides a comprehensive approach to ensuring data accuracy, usability, security, and compliance across the entire organization. Governing data effectively helps organizations meet regulatory requirements, improve operational decision-making, and support business objectives.
Proper Data Governance involves setting up roles and responsibilities for data management, defining quality standards, and creating policies for data access, usage, and security. This holistic perspective ensures that data is treated as a valuable asset and aligns with the broader goals of the organization.