In the digital age, data has become more valuable than currency. In fact, it’s safe to say that data is not only the equivalent of the currency you earn, it is your ultimate asset. But there are strict rules and regulations that must be adhered to by organizations and the data they harvest from either customer and/or platform users. This is why building a flexible and dependable data governance framework from the outset is of such viable importance.
According to a new article, data governance can also drive innovation in both the short and long term. In fact, the ever-increasing popularity of “application of development initiatives by technology-minded individuals” who have no formal coding education is said to have unleashed a tsunami of innovation in the 2020s.
What this means is, many businesses and organizations are no longer reliant on the “IT guy/gal” to make room out of their busy schedules for their whichever project they are engaged in. Instead, business people are discovering digital answers on their own by utilizing readily available low-cost code platforms that are said to be so easy to use, a junior high student can operate them.
Say the experts, low-coding platforms are said to have given everyday workers who don’t operate in IT a great deal of autonomy (overworked IT folks are said to be happy about this development). Say the experts, it has given these workers the ability to build whatever they want when they want to do it. But to make their coding initiatives work properly, businesses must install dependable governance systems that suit their own particular needs and wants.
Ideally, low-code use governance policies should be flexible so that they promote innovation. In other words, they shouldn’t create a “friction” that discourages motivated and talented workers from pursuing new initiatives that might bring about real value to the organization.
But at the same time, a governance framework must include some common-sense restrictions. Says Forbes Magazine, they must serve as guardrails to make certain organizations understand the parameters required so their projects don’t veer off the road to success.
But how exactly will a business strike that balance between innovation and governance? Let’s face it, too many rules and regulations have always been the bane of business success (the present political administration in Washington DC would do well to take note). But building the governance framework remains an important step that’s said to be too undervalued in the creation “of an aggressive transformation initiative.”
A Governance Framework is Critical
In terms of low-code capabilities, several important reasons exist for it to be governed. Probably the most important and most basic is data. Data usage is absolutely exploding in the digital age and therefore, data privacy laws are ever-changing. In a word, it’s not easy keeping up with these changes.
Building an application that connects directly to data sources outside or even inside the organization could be a no-no, precisely because it could expose very sensitive information to the wrong people. This is why it’s of particular importance for IT to have overall visibility over all the data apps being created and what purposes they are intended to serve.
Cybersecurity is of the utmost concern for all businesses and organizations that are digitally reliant. And if it’s not, it should be. Cyberhacks are no longer unemployed middle-aged men and women who live in their parent’s basements and who stare at computer screens 24/7. They have become sophisticated operations that exist in the U.S., China, Russia, and elsewhere in the world. With that in mind, for any app development to be considered a successful tool for a business, it’s got to be safe. Full stop.
Again, this is where IT comes in. It needs to have the ability to run necessary security checks on all platforms and tools that are designed to connect to organizational systems and on all newly created apps.
One more target for governance is “general efficiency.” Allowing easy app development for the entire business staff naturally allows them to get a heck or a lot more done faster than ever before. But what you must watch out for is the duplication of efforts. That’s when serious issues can arise and even conflict.
For instance, if five or six workers start using app coding tools that do exactly the same thing and the teams are not sharing their information with one other, the development of silos can ensue. The way to avoid this is by department managers taking an active role in making sure individual tracking systems are overseen by a clearly defined system and a dependable governance framework.