Like its parent standard, ISO/IEC 38505-1 is built on the classic model (Evaluate, Direct, Monitor). However, it adapts this model specifically for data .
In the modern digital economy, data is often called the "new oil." However, just as unrefined oil has little value, ungoverned data can become a liability rather than an asset. Organizations today are drowning in data but starving for insights—and, more critically, for control. iso iec 38505-1
No. A catalog is a tool. Governance requires direction, monitoring, and accountability – not just inventory. Like its parent standard, ISO/IEC 38505-1 is built
To fully appreciate the value of ISO/IEC 38505-1, one must first understand the distinction between management and governance. Organizations today are drowning in data but starving
This standard represents a paradigm shift in how corporate boards and executive management view their responsibilities regarding data. It bridges the gap between IT management and corporate governance, ensuring that data is treated not just as a technical byproduct, but as a critical strategic asset.
This article provides an exhaustive exploration of ISO/IEC 38505-1: its structure, core principles, implementation roadmap, and business value.
A unique contribution of ISO/IEC 38505-1 is its categorization of data governance attributes, often referred to as the "S" model. The standard emphasizes that governance must address these core dimensions: