Approaching Data as an Enterprise Asset

If you walk into a meeting with all your senior executives and pose the question:

“Do you consider and treat your data as an Enterprise Asset?”

The response you will get is:

“Of course we do.”

The problem in most organizations, however, is that while it is recognized that data is a corporate asset, the practices surrounding the data do not support the automatic response of Yes We Do.

What does it really mean, to treat your data as an enterprise asset?  If we were talking about office equipment, corporate offices, fleets of vehicles or many of the other tangible things a corporation may consider an asset, you would hear things like:

  • Planning
  • Acquisition
  • Operation and Maintenance
  • Improvement
  • Monitoring
  • Disposal

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