Today, organizations are continually asked to do more with less, especially regarding their data governance initiatives. At First San Francisco Partners (FSFP), we accelerate time-to-value by pairing our experienced consultants with our clients’ specific needs through our comprehensive managed service for data governance.
Since 2017, our FSFP team has delivered countless data governance engagements, helping clients stand up, re-energize, adapt and optimize their programs. Across different levels of organizational maturity, we’ve seen many companies struggle with available resources to fully operationalize their governance programs.
How to Overcome Governance Challenges with Managed Services
Our managed service approach to data governance helps organizations of all sizes and maturities avoid internal operationalization delays, minimize adoption pitfalls and accelerate time-to-value.
Whether the managed service is needed for specialized data governance, additional resources or quick response to regulatory or other factors, partnering with FSFP allows your organization to focus on business-critical operations while trusting that governance execution is optimized.
FSFP has delivered countless data governance engagements, helping clients establish, re-energize, adapt and optimize their data programs. We meet clients where they are, partnering to build right-sized, complimentary-resourced programs that deliver pragmatic and quantifiable outcomes tied to their business goals.
FSFP’s managed data governance service will bridge resource and expertise gaps, immediately relieving existing pain points and enabling progress.
We offer real-world solutions to help our clients establish, grow and optimize their governance programs through our data governance as a managed service offering.
Companies That Benefit From Outsourcing Data Governance
FSFP’s data governance as a managed service approach is invaluable for larger organizations that need specialized data governance help but lack the resources or expertise. Just like organizations outsource other functions, outsourcing a data-specific capability allows a company to focus on its business operations and trust that governance is being executed optimally.
Our proprietary data governance service may also fit organizations that haven’t invested in internal governance resources but need to get governance implemented quickly and comfortably and need a third party to do the work for them.
A shorter-term managed service engagement can also be pragmatic for an organization that needs to react quickly to a change, such as in response to a new regulation, an acquisition or a merger.
Here are specific examples of how we can help your organization:
- Manage data catalogs
- Maintain business glossaries and ensuring that content is fresh
- Ensure data models are maintained as an organization grows and changes
- Maintain appropriate data classifications and verification of those classifications
- Oversee who has a right to view data and implement the access control process
- Manage exception handling and data maintenance for master data management operations
- Facilitate effective decision-making processes and governance meeting execution
- Handle communication and stakeholder involvement
- Measure data quality and remediate inaccuracies
- Execute issue management process and other general operational practices of data governance
How Managed Services Differs from a Traditional Engagement
Typically, FSFP’s data governance engagements center around helping a company set up a governance practice. As data governance has matured over the past 20+ years, some companies now need help maintaining long-term governance practices.
The key difference between a managed service approach and a traditional data governance engagement lies in its focus on execution rather than planning. While our clients remain accountable for their data, FSFP implements and operationalizes their data governance initiatives. We provide actionable recommendations and execute the necessary tasks, ensuring data understanding is at the forefront. We tailor our approach to meet the unique needs and roadmap of each organization, ensuring seamless adaptation and optimal results.
Improve Data Governance’s Effectiveness with Manager Services
Choosing a managed service approach for your data governance initiatives ensures you have the necessary resources precisely when needed. FSFP collaborates with you to build tailored teams that drive measurable progress toward your business objectives. Understanding that data governance involves people and data, we prioritize stakeholder engagement at every step.
With our professional expertise, we ensure immediate progress from day one, allowing your organization to stay focused on other critical business initiatives while we optimize your data governance program.
If you’re interested in exploring this data governance service, let’s talk.
This article, first published in 2020, now includes updated insights and offerings from First San Francisco Partners and a two-page info sheet on our Data Governance as a Managed Service capability.
