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. With data’s massive potential to power emerging technologies like generative AI, most organizations are missing a prime opportunity to use it to make smarter business decisions.
With the appropriate guardrails and a data stack designed for fully accessing data, governance can be a catalyst of data democratization and business growth. Leaders should consider a “franchise” approach to data management that transforms the role of IT teams into enablers of data access, decision-making, and positive business impact, instead of bottlenecks.
By franchising data stewardship and analytics development to various business units, IT leaders as the franchisors can help each team derive insights from data responsibly and with a degree of independence.
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