Organizations that develop a governed digital business glossary and follow best practices will have a valuable resource capable of providing substantial and lasting benefits throughout their digital thread. Dare I say, “Enterprise Glossary”?
The business glossary “has” to be a collaborative business strategy to ensure it is the single record of the truth and that it is clear, concise, valid, as well as governed.
Here are the top Five Business Glossary benefits:
- Enhanced Communications
- Enterprise Improved understanding
- Business terms ownership
- Elevated Trusted data resources
- Increased efficiency
A collaborative business glossary allows organizations to uncover numerous benefits.
Organizations tend to start with what is the “value” of doing something like Data Governance. Without data being governed, there is no guarantee that the data will be ready and available for use when and where needed. Curious to hear everyone’s thoughts and any key benefits I have not listed that can help drive adoption in organizations to start collaboration on creating an enterprise-level business glossary.
Let me know what you think or if you want to learn more about this topic.
Janie